royal gold inc
Royal Gold, Inc. Enters into Second Amendment to Revolving Facility Credit Agreement
Jun 6 19
On June 3, 2019, Royal Gold, Inc. entered into a Second Amendment to Revolving Facility Credit Agreement (the Amendment), amending the Revolving Facility Credit Agreement dated as of June 2, 2017 (the Revolving Credit Agreement) by and among the Company, as borrower, certain wholly-owned subsidiaries of the Company as guarantors and pledges, certain lenders from time to time party thereto, and The Bank of Nova Scotia as administrative agent for the lenders. The Amendment revises the Revolving Credit Agreement to extend the scheduled maturity date there under from June 2, 2022 to June 3, 2024 and to reduce certain interest rates and fees to be paid by the Company. Except as set out in the Amendment, all other terms and conditions of the Revolving Credit Agreement remain in full force and effect. As of June 3, 2019, no amounts are outstanding under the Revolving Credit Agreement.
Royal Gold Announces Attributable Reserves
May 30 19
Royal Gold, Inc. announced updated estimates for ore reserves attributable to the Company’s stream, royalty and similar interests as of December 31, 2018. Reserve figures are provided by the operators of properties on which the Company holds these interests or are obtained by Royal Gold through publicly available information. Gold reserves of 3.8 million attributable ounces were 8.9% lower than the prior calendar year primarily due to mining depletion at Mount Milligan, Carmen de Andacollo and Pueblo Viejo. Silver reserves of 50 million attributable ounces were 22.2% higher due to the acquisition of the Khoemacau stream interest during the current fiscal year. On an attributable gold equivalent basis, gold makes up approximately 66% of reserves while silver contributes approximately 10%. On a gold equivalent basis, attributable reserves to Royal Gold were 5.8 million ounces compared to 6.4 million ounces at calendar year-end 2017. The decrease was due to generally lower Metal Prices for the non-gold metals included in the calculation of gold equivalent ounces, as shown in the table below, and mining depletion experienced in the year. The impact of lower prices on gold equivalent reserves was nearly equal to the effect of mining depletion.
Royal Gold, Inc. Declares Dividend for the Third Quarter of 2019, Payable on July 19, 2019
May 29 19
Royal Gold, Inc. announced that its board of directors has declared its third quarter dividend of USD 0.265 per share of common stock. The dividend is payable on July 19, 2019 to shareholders of record at the close of business on July 5, 2019.
Royal Gold, Inc. Presents at RBC Capital Markets Global Mining & Materials Conference, Jun-06-2019 08:00 AM
May 17 19
Royal Gold, Inc. Presents at RBC Capital Markets Global Mining & Materials Conference, Jun-06-2019 08:00 AM. Venue: The Wagner at the Battery, 2 West Street, New York, New York, United States. Speakers: Tony Alan Jensen, President, CEO & Director.
Royal Gold, Inc. Presents at VanEck Natural Resources Conference, Jun-05-2019 08:30 AM
May 17 19
Royal Gold, Inc. Presents at VanEck Natural Resources Conference, Jun-05-2019 08:30 AM. Speakers: Tony Jensen, President and CEO.