TSX:ORMetals and Mining
Does Barnat Pit Suspension And Steady Guidance Change The Bull Case For OR Royalties (TSX:OR)?
OR Royalties reported that its operating partner Agnico Eagle temporarily suspended mining at the Barnat open pit at the Canadian Malartic Complex following a rock mass movement on July 1, 2026, which is expected to reduce gold output at the site between 2026 and 2028.
Despite this operational setback and lower production outlook at Canadian Malartic, OR Royalties left its 2026 gold equivalent ounce delivery guidance and five-year outlook unchanged, highlighting the cushioning effect of its...