Goldmining Inc. (TSE:GOLD) has released an update.
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GoldMining Inc. has successfully negotiated a reduction of the net smelter return royalty on its wholly owned Crucero Gold Project in Peru, lowering it from a maximum of 5% to a fixed 3%. The company also retains the option to further decrease the royalty to 1% with an additional payment within the next decade. This strategic move is aimed at increasing the project’s value and advancing GoldMining’s portfolio of gold and gold-copper projects in the Americas.
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