LONDON, UK: Anglo Pacific Group has agreed to sell its 1% gross revenue royalty over the Narrabri mine to the operator, Whitehaven Coal Limited for consideration of up to $36 million, which includes bi-annual contingent payments linked to future realised Narrabri coal price. The consideration is structured as fixed payments totalling $21.6 million, along with…
Tag: Anglo Pacific Group
Anglo Pacific Group announces $205m Voisey’s Bay Cobalt Stream acquisition
LONDON: Anglo Pacific Group has agreed to acquire a holding company that, in turn, holds a 70% net interest in a stream on cobalt production from the Voisey’s Bay mine in Canada from private equity sellers for cash consideration of US$205 million at closing and further contingent consideration of up to US$27 million. This is…