Royal Gold

Royal Gold Provides 2024 Guidance for Sales, DD&A and Effective Tax Rate, and Update on Repayment of Outstanding Borrowings

Retrieved on: 
Wednesday, April 17, 2024
Natural Resources, Manufacturing, Other Manufacturing, Steel, Mining, Minerals, MMG Limited, Copper, Lead, GEO, Silver, Metal, Annual report, GEOS, Zinc, Security (finance), Gold rush, Tax, Acquisition, Royal Gold, Nickel, Andacollo

The sales guidance provided above equates to approximately 290,000 to 315,000 gold equivalent ounces1 (“GEOs”) using metal prices of $1,950/oz for gold, $23.00/oz for silver and $3.80/lb for copper.

Key Points: 
  • The sales guidance provided above equates to approximately 290,000 to 315,000 gold equivalent ounces1 (“GEOs”) using metal prices of $1,950/oz for gold, $23.00/oz for silver and $3.80/lb for copper.
  • However, when comparing actual performance to guidance during 2024, we will refer only to the sales volumes provided above and not to a GEO range.
  • The 2024 Effective Tax Rate guidance assumes no unusual or discrete tax items and no changes in laws or regulations or their interpretation in the jurisdictions where we pay taxes.
  • Royal Gold is publicly traded on the Nasdaq Global Select Market under the symbol “RGLD.” The Company’s website is located at www.royalgold.com .

Royal Gold Provides Update on Q1 2024 Stream Segment Sales and Details for Release of Q1 2024 Results

Retrieved on: 
Tuesday, April 9, 2024
Mining, Minerals, Natural Resources, GEO, Webcast, Gold, Copper, Silver, Royal Gold, GEOS

The Company had approximately 16,800 ounces of gold, 349,400 ounces of silver, and 400 tonnes of copper in inventory at March 31, 2024.

Key Points: 
  • The Company had approximately 16,800 ounces of gold, 349,400 ounces of silver, and 400 tonnes of copper in inventory at March 31, 2024.
  • RGLD Gold AG’s average realized gold, silver and copper prices for the first quarter were $2,054 per ounce, $23.22 per ounce and $8,453 per tonne ($3.83 per pound), respectively.
  • Cost of sales was approximately $436 per GEO for the first quarter.
  • Royal Gold’s results for the quarter ended March 31, 2024, will be released after the market closes on Wednesday, May 8, 2024, followed by a conference call on Thursday, May 9, 2024, at 12:00 p.m. Eastern Time (10:00 a.m. Mountain Time).

Royal Gold Announces Investor Update on Wednesday, April 17, 2024

Retrieved on: 
Wednesday, April 3, 2024
Mining, Minerals, Natural Resources, Royal, Royal Gold, Acquisition, EDT, MDT, Jewellery

Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we” or “our”) announced today that management will host an Investor Update to provide an update on Royal Gold’s business, including 2024 guidance, on Wednesday, April 17, 2024 from 10:00 a.m. to noon EDT (8:00 a.m. to 10:00 a.m. MDT).

Key Points: 
  • Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we” or “our”) announced today that management will host an Investor Update to provide an update on Royal Gold’s business, including 2024 guidance, on Wednesday, April 17, 2024 from 10:00 a.m. to noon EDT (8:00 a.m. to 10:00 a.m. MDT).
  • A press release detailing 2024 guidance will be issued, before market open, on the same day.
  • Prepared remarks by members of Royal Gold’s management team will be followed by a live question and answer session.
  • Royal Gold is publicly traded on the Nasdaq Global Select Market under the symbol “RGLD.” The Company’s website is located at www.royalgold.com .

Royal Gold Presenting at the Gold Forum Europe 2024 Conference

Retrieved on: 
Tuesday, April 2, 2024
Mining, Minerals, Natural Resources, Royal Gold, MDT, EDT, Acquisition, Noon, Senior, Corporate development

Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we” or “our”) announced today that management will present at the Gold Forum Europe 2024 conference in Zurich, Switzerland.

Key Points: 
  • Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we” or “our”) announced today that management will present at the Gold Forum Europe 2024 conference in Zurich, Switzerland.
  • Dan Breeze, Senior Vice President, Corporate Development, RGLD Gold AG, will address conference participants on Tuesday, April 9, at 10:30 a.m. CET (4:30 a.m. EDT; 2:30 a.m. MDT) in a presentation lasting 20 minutes.
  • 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 interests.
  • Royal Gold is publicly traded on the Nasdaq Global Select Market under the symbol “RGLD.” The Company’s website is located at www.royalgold.com .

Royal Gold to Participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on Wednesday, March 13

Retrieved on: 
Friday, March 1, 2024
Professional Services, Natural Resources, Mining, Minerals, Finance, Google Chrome, EDT, Acquisition, Royal Gold, CDT, MDT, Business development

To ensure smooth connectivity, please access the link above using the latest version of Google Chrome.

Key Points: 
  • To ensure smooth connectivity, please access the link above using the latest version of Google Chrome.
  • 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 interests.
  • As of December 31, 2023, the Company owned interests on 178 properties on five continents, including interests on 37 producing mines and 22 development-stage projects.
  • Royal Gold is publicly traded on the Nasdaq Global Select Market under the symbol “RGLD.” The Company’s website is located at www.royalgold.com .

Royal Gold Announces Second Quarter Dividend

Retrieved on: 
Thursday, February 29, 2024
Mining, Minerals, Natural Resources, Acquisition, Royal Gold

Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we” or “our”) announced today that its Board of Directors has declared its second quarter dividend of $0.40 per share of common stock.

Key Points: 
  • Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we” or “our”) announced today that its Board of Directors has declared its second quarter dividend of $0.40 per share of common stock.
  • The dividend is payable on Friday, April 19, 2024, to shareholders of record at the close of business on Friday, April 5, 2024.
  • 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 interests.
  • Royal Gold is publicly traded on the Nasdaq Global Select Market under the symbol “RGLD.” The Company’s website is located at www.royalgold.com .

Royal Gold Presenting at the BMO 33rd Global Metals, Mining and Critical Minerals Conference

Retrieved on: 
Thursday, February 15, 2024
Mining, Minerals, Natural Resources, BMO, MST, Acquisition, EST, Royal Gold, Conference

Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we” or “our”) announced today that management will present at the BMO 33rd Global Metals, Mining and Critical Minerals Conference in Hollywood, Florida.

Key Points: 
  • Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we” or “our”) announced today that management will present at the BMO 33rd Global Metals, Mining and Critical Minerals Conference in Hollywood, Florida.
  • Bill Heissenbuttel, President and Chief Executive Officer, will address conference participants on Tuesday, February 27, at 9:00 a.m. EST (7:00 a.m. MST) in a presentation lasting 30 minutes.
  • 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 interests.
  • Royal Gold is publicly traded on the Nasdaq Global Select Market under the symbol “RGLD.” The Company’s website is located at www.royalgold.com .

Royal Gold Reports Strong Fourth Quarter and Full Year 2023 Operating and Financial Results

Retrieved on: 
Wednesday, February 14, 2024
Mining, Minerals, Natural Resources, MMG, GSR, Umwelt, DD, GEOS, Royal, Interest, Action Replay, Royal Gold, ROD, NSR, Rain, Congo, Zinc, MMG Limited, Mount, Goose, KCM, Llama, Security (finance), Silver, Great Bear, Record, Democratic republic, Depreciation, Barrick Gold, Kinross Gold, Calendar, Life, Acquisition, Quarter, Nickel, Teck Resources, Limited, Stock exchange, Iamgold, Failure, Cryptocurrency

For the quarter ended December 31, 2023 (“fourth quarter”), we reported net income of $62.8 million, or $0.95 per share, on revenue of $152.7 million and operating cash flow of $101.1 million.

Key Points: 
  • For the quarter ended December 31, 2023 (“fourth quarter”), we reported net income of $62.8 million, or $0.95 per share, on revenue of $152.7 million and operating cash flow of $101.1 million.
  • Barrick is expecting gold production at the Cortez Complex to be 620,000 to 680,000 ounces in 2024 (100% basis).
  • According to Barrick, construction and commissioning activities for the plant expansion were substantially completed by the end of 2023.
  • Gold and copper grades are relatively well correlated at Andacollo and gold production tends to track copper production.

Royal Gold Announces Additional Agreement with Centerra that Provides for Mine Life Extension at Mount Milligan

Retrieved on: 
Wednesday, February 14, 2024
Mining, Minerals, Natural Resources, Consensus, Royal Gold, Copper, Second, Consensus decision-making, First, Metal, Interest, Support, Palladium

Long-term cost support to the Mount Milligan Mine to allow for an extended mine life.

Key Points: 
  • Long-term cost support to the Mount Milligan Mine to allow for an extended mine life.
  • Royal Gold will provide cost support payments for metal deliveries starting in approximately 2030 that provide a basis for an immediate reserve increase and extension of the Mount Milligan mine life to 2035.
  • Royal Gold is entitled to the following cash payment and future gold deliveries:
    A $24.5 million cash payment (“Cash Consideration”) upon the execution of the agreement.
  • The Deferred Gold Consideration deliveries will require no cash payment from Royal Gold, and will be made irrespective of the operating status of the Mount Milligan Mine.

Centerra Gold Announces Mount Milligan Mine Life Extension and Additional Agreement with Royal Gold

Retrieved on: 
Wednesday, February 14, 2024
Goldmark, Copper, News, TSX, Mount, Resource, Gold, Safety, PEA, TCM, First Nations, Royal Gold, Palladium

The additional agreement entered into with Royal Gold (the “Additional Royal Gold Agreement”), which is effective immediately, provides supplementary payments to Mount Milligan that has enabled the reserve increase and corresponding extension of the mine life described above.

Key Points: 
  • The additional agreement entered into with Royal Gold (the “Additional Royal Gold Agreement”), which is effective immediately, provides supplementary payments to Mount Milligan that has enabled the reserve increase and corresponding extension of the mine life described above.
  • The existing Amended and Restated Purchase and Sale Agreement with Royal Gold dated as of December 14, 2011, as amended (the “Existing Stream Agreement”), is not affected by the Additional Royal Gold Agreement.
  • The Additional Royal Gold Agreement, taken together with the Existing Stream Agreement, will have the effect of increasing payments for Mount Milligan gold and copper production sold to Royal Gold under the Existing Stream Agreement, among other things.
  • The percentage of gold and copper production streamed to Royal Gold remains unchanged at 35% gold and 18.75% copper.