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16 Feb
14:54

NICKEL, COPPER, COBALT: Talon Metals reduces royalty on Tamarack project

Talon Metals is reducing the royalty on its Tamarack nickel-copper-cobalt project in central Minnesota, Kallanish reports. The company, with headquarters in the British Virgin Islands, is paying $4.5 million to Triple Flag Precious Metals Corp, an early investor in the project, to reduce an existing net smelter royalty from 3.5% to 1.85% on Talon’s interest in the Tamarack project. The parties have signed an amending amendment that modifies a 2019 royalty ag…
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