Royal Gold

Royal Gold, Inc. is engaged in acquiring and managing precious metals royalties and streams, primarily focusing on gold. The company operates by purchasing a percentage of the metal produced from various mineral properties in exchange for an upfront payment, without taking on the responsibilities of mining operations. Royal Gold's portfolio includes royalties on numerous producing properties, development stage projects, and exploration stage properties. Notably, the company holds a royalty on gold produced from the sulfide portion of the Andacollo copper and gold deposit and has a sliding-scale net smelter return royalty on the Canadian Malartic open-pit gold mine in Quebec, Canada. By financing projects and acquiring existing royalties, Royal Gold aims to benefit from the potential of precious metals while minimizing operational involvement.