Royal Gold Inc RGLD

Metals & Mining Gold

Royal Gold, Inc. is a precious metals stream and royalty company engaged in the acquisition and management of precious metal streams, royalties and similar production-based interests. The Company's segments include Acquisition and Management of Stream Interests, and Acquisition and Management of Royalty Interests. The Acquisition and Management of Stream Interests segment includes a metal stream, which is a purchase agreement that provides the right to purchase all or a portion of one or more metals produced from a mine, at a price determined for the life of the transaction by the purchase agreement. The Acquisition and Management of Royalty Interests segment includes non-operating interests in mining projects that provide the right to revenue or metals produced from the project after deducting specified costs, if any. The Company owns interests on approximately 178 properties on five continents, including interests on 37 producing mines and 22 development stage projects.

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Royal Gold Inc

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Post by 1option1on Jul 20, 2015 8:19am

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Royal Gold Acquires Gold and Silver Stream on Rainy River

Royal Gold Acquires Gold and Silver Stream on New Gold’s Rainy River Project

DENVER--(BUSINESS WIRE)--Royal Gold, Inc. (NASDAQ: RGLD; TSX: RGL) (“RGI”) announces that its wholly owned subsidiary RGLD Gold AG (“Royal Gold” or the “Company”) entered into a $175 million Purchase and Sale Agreement with New Gold, Inc. (“New Gold”), for a percentage of the gold and silver production from the Rainy River Project in Ontario, Canada (“Rainy River” or the “Project”). The Rainy River Project is located 65 kilometers…Read More