Talk:Royal Gold

Latest comment: 9 years ago by CorporateM in topic Untitled

Untitled edit

Dear editor, As the manager of Investor Relations for Royal Gold, I have noticed that the current information about Royal Gold is outdated. Please consider using the information below to update your website content. I'd be happy to discuss this, if you have questions. Regards, Suzanne Brink 720-838-8269 NOTE: The endnotes did not paste in "live" but I do have the links to all of them in my word document.


Type Public

Traded as NASDAQ: RGLD TSX: RGL

Industry Mining

Founded 1981 1 Headquarters Denver, Colorado, USA

Key people Stanley Dempsey- Chairman Tony Jensen, -President, CEO, director Stefan L. Wenger -CFO & Treasurer Bill Zisch – VP – Operations Bill Heissenbuttel – VP – Business Development Bruce Kirchhoff – VP, General Counsel & Secretary Karli Anderson – VP Investor Relations

Revenue $289.2M - FY2013 2

Operating cash flow $172.6M – FY2013 2

Net income $69.2M – FY2013 2

Total assets $2.9B 2 Total equity $2.4B 2 Employees 21 1 Website Royal Gold, Inc.


Royal Gold is a precious metals royalty and streaming company with claims on gold, silver, copper, nickel, lead and zinc at mines in over 20 countries (over half in the America's, most of the rest spread between Africa, Western Europe and Australia).3 The Company’s portfolio consists of approximately 35 - 40 producing properties, 20 development stage properties and nearly 150 evaluation and exploration stage assets.3 Not all royalty and stream contracts are the same. Some, like the one it has with Thompson Creek Metals gives Royal Gold the right to receive a fixed amount of metal while others adjust based upon the price of gold or silver. For example, the royalty on the Pascua Lama mine (El Indio Gold Belt) ranges from 0.78% to 5.23% based upon the price of gold (must be higher than $800 an ounce). Most claims are between 1% and 5%, but several like Andacollo (75%), Mt. Milligan (52.25%) and Tulsequah Chief (12.5% and 22.5%) are over 10%. 3 It also has an interest in Osisko Mining's Malartic gold project within the Abitibi Gold Belt (1.0 to 1.5%) which is Canada's largest producing gold mine. 4 The Mt. Milligan and Tulsequah Chief agreements are streaming contracts in which Royal Gold pays) a per ounce price for the metals received from the operator over the life of the mine. For example, at Mt. Milligan the purchase price for gold ounces delivered to Royal Gold from Thompson Creek is $435 per ounce.3 Royalty/streaming companies are not exposed to the operational risks associated with mining. 5 Royal Gold’s portfolio is well-diversified in terms of the number of producing assets and the geographical distribution of the properties. Royal Gold is one of the three largest royalty and streaming companies.5 The Company was named to the Fortune 100 list of fastest growing companies, ranking 95 out of 100.6 Contents • History • Key assets • Endnotes History (Key Acquisitions) In December 2006, Royal Gold purchased an interest in the Peñasquito mine which began producing in 2010.7 In January 2007, Royal Gold acquired an initial royalty on the Pascua-Lama project.8 In April 2009, 75% of gold production at the Andacollo copper mine in Chile was acquired from Teck Resources.9 In February 2010, Royal Gold completed the acquisition of another royalty company, International Royalty Company (“IRC”), which had key claims in Chile (Pascua Lama) and Canada (Voisey's Bay).10 International Royalty Company accepted the $749 million deal from Royal Gold after Franco-Nevada attempted a hostile $640 million takeover.11 In July 2010, Royal Gold acquired the first of three metal stream transactions at Thompson Creek’s Mt. Milligan project.12 In the summer of 2011, Royal Gold paid Seabridge Gold C$160 million for a 2% net smelter return royalty claim on the KSM gold-copper-silver-molybdenum project in northern British Columbia.13Key assets The Company holds interests on five cornerstone properties – four of which are in production and one which is in the development stage.14 The four producing properties include: Andacollo, Peñasquito, Voisey’s Bay and Mt. Milligan. Andacollo was the top revenue generator for Royal Gold in fiscal 2013 and provided 28% of the Company’s revenue followed by Voisey’s Bay at 11% and Peñasquito at 10%. 15 The Company’s key development property is Barrick’s Pascua-Lama project located on the border of Chile and Argentina. These assets are considered cornerstone properties due to their estimated revenue potential, their significant mine lives, and, potential upside for reserve growth. Endnotes 1. "Bloomburg/Businessweek website".. 2. "Royal Gold Press Release dated August 8, 2013. 3. Royal Gold 2013 Annual Report, September 2013, pages 18-23. 4. Osisko website, www.osisko.com 5. “4 Choices for Precious Metals Streaming Companies”, Seeking Alpha website 6. Fortune 100 Fastest Growing Companies 2013, Fortune.com 7. Royal Gold press release dated December 29, 2006. 8. Royal Gold press release dated January 17, 2007. 9. Royal gold press release dated April 6, 2009. 10. Royal Gold press release dated February 22, 2010. 11. "Royal Gold rides to International Royalty's rescue in $749 million cash/share bid". 2009-12-21. 12. Royal Gold press release dated July 15, 2010. 13. Royal Gold press release dated June 17, 2011. 14. http://www.royalgold.com/property-portfolio/producing/cornerstone-properties/default.aspx. 15. Royal Gold 2013 Annual Report, September 2013, pages 5-6.

Suemilburn (talk) 22:30, 12 December 2013 (UTC)Suzanne BrinkReply

Please go ahead and keep the information in the Infobox updated using any source available, so long as you do not add excessive lists of Key People, products, etc. As for the rest of it, I noticed almost all 15 sources are press releases, annual reports and other patently unacceptable sources. Additionally, the large block of text is not well-formatted enough to review the content. We need credible, independent sources on which to base the article. CorporateM (Talk) 17:38, 24 May 2014 (UTC)Reply