Company News: Royal Gold
Updated: 31 Aug 2010
A royalty is simply a right to receive a percentage of production from a mine. By investing in a royalty, Royal Gold buys a percentage of the metal produced from a given property in exchange for a front end payment, without assuming any responsibility for the actual mining operation. Thus, the Company does not have to contribute to the operating and capital costs at the mine.
Royal Gold owns a large portfolio of producing, development, evaluation and exploration stage royalties located in some of the world's most prolific gold regions. Through this high quality portfolio, Royal Gold maintains upside potential through any exploration successes by the operators and benefits when new reserves are produced.
Financial Information
- Denver
- Colorado
- 80202
- United States
Most Recent Company News
- Chieftain Metals financing - 20 Jan 2012 12:41pm
Toronto-based Chieftain Metals Inc has sold to Royal Gold Inc a portion of its future precious-metals production from the Tulsequah Chief mine in British Columbia, Canada. Read more... - Gold: rise and rise again - 08 Apr 2011 11:51am
Gold continues to soar on strong investor demand Read more...
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