Royal Gold Inc. announced today that Teck Resources Ltd. provided an update on the resumption of operations at its Carmen de Andacollo operation in Chile. Teck reported today that the Andacollo Workers Union ratified a new 36-month collective agreement. The benefits of the agreement are effective as of December 5, 2019, and operations at Andacollo have now resumed. As previously reported by Teck, operations, with the [...]
Royal Gold Inc. today announced that its Board of Directors increased the Company’s annual calendar year dividend for its shares of common stock from $1.06 to $1.12 per share, payable on a quarterly basis of $0.28 per share. This increase represents the 19th consecutive annual increase to Royal Gold’s dividend since dividend payments began in 2000. The dividend is payable on January 17, 2020 to shareholders of [...]
Please replace the release with the following corrected version due to a correction to the first quarter conference call date, which will take place on November 7 . The corrected release reads: 2020 RESULTS Royal Gold Inc. reports net income of $70.5 million, or $1.07 per share, on revenue of $118.8 million in its fiscal first quarter ended September 30, 2019 . First quarter net income included discrete income tax [...]
Royal Gold Inc. reports net income of $70.5 million, or $1.07 per share, on revenue of $118.8 million in its fiscal first quarter ended September 30, 2019 . First quarter net income included discrete income tax benefits of $32.3 million, or $0.49 per share, primarily related to Swiss tax reform, and a loss on changes in fair value of equity securities of $1.4 million, or $0.02 per share net of tax. Net income excluding [...]
Royal Gold Inc. announced today that Centerra Gold Inc. provided information with its calendar third quarter 2019 financial results on production, water availability, and the impact of increased costs and expected lower long-term recoveries on the Mount Milligan operation in British Columbia. Centerra reported positive operating results at Mount Milligan for the quarter ended September 30, 2019, with production of 55,355 [...]
Royal Gold Inc. announced today several senior management appointments: Mark Isto, Vice President Operations, has been named Executive Vice President and Chief Operating Officer, Royal Gold Corporation; Paul Libner, Controller and Treasurer, has been named Chief Financial Officer and Treasurer; and, Randy Shefman, Associate General Counsel, has been named Vice President and General Counsel. All appointments will be [...]
Royal Gold Inc. today announced that its wholly owned subsidiary, RGLD Gold AG, sold approximately 60,000 gold equivalent ounces comprised of approximately 50,000 gold ounces, 510,000 silver ounces and 1,100 tonnes of copper related to its streaming agreements during its fiscal 2020 first quarter ended September 30, 2019 . As noted previously, first quarter stream sales were lower than the prior quarter due to production [...]
Royal Gold Inc. announced today that William Heissenbuttel, Chief Financial Officer and Vice President Strategy, has been named as President and Chief Executive Officer and a member of the Board of Directors. Mr. Heissenbuttel’s appointments will be effective upon the retirement of Mr. Tony Jensen from the role of President and Chief Executive Officer, and member of the Board of Directors, on January 2, 2020 after [...]
Royal Gold Inc. announced today that management will present at the Gold Forum Americas in Denver, Colorado. Tony Jensen, President and Chief Executive Officer, will address conference participants on Monday, September 16, at 10:50 a.m. Mountain Time in a presentation lasting 20 minutes. The presentation may be accessed through the Company’s website on September 16 under the Investors / Events and Presentations [...]
Royal Gold Inc. today announced that its Board of Directors declared its fourth quarter dividend of US$0.265 per share of common stock. The dividend is payable on October 18, 2019 to shareholders of record at the close of business on October 4, 2019. Royal Gold is a precious metals stream and royalty company engaged in the acquisition and management of precious metal streams, royalties and similar production-based [...]
Royal Gold Inc. today announced that its wholly owned subsidiary, RGLD Gold AG, sold approximately 70,000 gold equivalent ounces comprised of approximately 57,000 gold ounces, 589,000 silver ounces and 1,100 tonnes of copper related to its streaming agreements during its fiscal 2019 fourth quarter ended June 30, 2019 . The Company had approximately 32,000 gold equivalent ounces in inventory at the end of the fourth [...]