Royal Gold Provides Update on its Q1 2023 Stream Segment Sales
https://www.businesswire.com/news/home/20230411005048/en/
DENVER--(BUSINESS WIRE)--Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we” or “our”) announced today that its wholly owned subsidiary, RGLD Gold AG, sold approximately 60,800 gold equivalent ounces (GEOs)¹ comprised of approximately 42,100 gold ounces, 808,100 silver ounces and 2,000 tonnes of copper related to its streaming agreements during the three-month period ended March 31, 2023 (the “first quarter”). The Company had approximately 18,600 ounces of gold and 512,300 ounces of silver in inventory at March 31, 2023.
RGLD Gold AG’s average realized gold, silver and copper prices for the first quarter were $1,869 per ounce, $22.66 per ounce and $8,851 per tonne ($4.01 per pound), respectively. Cost of sales was approximately $411 per GEO for the first quarter. Cost of sales is specific to the Company’s streaming agreements and is the result of the Company’s purchase of gold, silver or copper for cash payments at a set contractual price, or a percentage of the prevailing market price of gold, silver or copper when purchased.

Royal Gold Provides 2023 Guidance for GEO Sales, DD&A and Effective Tax Rate

https://www.businesswire.com/news/home/20230420005139/en/

DENVER--(BUSINESS WIRE)--Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we” or “our”) announced today its guidance for expected total stream and royalty sales volume; depletion, depreciation and amortization expense (“DD&A”); and effective tax rate for calendar year 2023.
Royal Gold expects 2023 gold equivalent ounce¹ (“GEO”) sales, DD&A expense and effective tax rate to be as follows:
January 1 – December 31, 2023
Total GEO Sales 320,000 – 345,000 GEO
Gold 235,000 – 250,000 oz
Other Metals 85,000 – 95,000 GEO

DD&A $490 – 540 / GEO

Effective Tax Rate 17 – 22%

The 2023 GEO sales guidance is based on publicly available production forecasts and certain confidential information and production forecasts provided to Royal Gold from certain operating counterparties. These third-party forecasts have been adjusted by Royal Gold where appropriate based on management’s experience. Additionally, this guidance is based on the following key assumptions, among others:

• The following commodity prices for 2023 projections: $1,825/oz gold, $22.50/oz silver, $3.80/lb copper, $11.50/lb nickel, $0.90/lb lead, and $1.30/lb zinc;
• With respect to our Principal Properties²:
  
  
  • Gold production at the Cortez mine from the Legacy Royalty area (gross royalty rate of approximately 9.4%) of 450,000 to 480,000 ounces with a midpoint of approximately 465,000 ounces, and estimated production from the Cortez Complex Zone (“CC Zone”) (gross royalty rate of approximately 1.6%) of approximately 535,000 ounces³;
  • The first full year of production at the target throughput rate of 10,000 tonnes per day at the Khoemacau mine;
  • Lower production in the first half of 2023 at the Mount Milligan mine compared to the second half, which is expected to impact sales in the second half of 2023 due to the normal-course lag in timing between concentrate shipments and stream deliveries;
  • The continued mining of lower grade ore from the Andacollo mine through 2023 as anticipated in the mine plan, as well as the remaining impact of extreme weather and unplanned maintenance in the third quarter of 2022, which is expected to affect sales in 2023 due to the normal-course lag in timing between concentrate shipments and stream deliveries;
  • Lower gold production from the Peñasquito mine due to lower grade and harder ore mined from the Chile Colorado pit and continued stripping of the next phases of the Peñasco and Chile Colorado pits, with higher silver, lead and zinc production expected from the Chile Colorado pit; and,
  • Continued variable deliveries of silver ounces from the Pueblo Viejo mine with no material deliveries of deferred ounces expected while the expanded plant ramps up to full production levels throughout the year after substantial completion of commissioning, which Barrick expected in the first quarter.

Royal Gold Reports Strong Start to 2023 with Solid First Quarter Revenue, Operating Cash Flow and Earnings

DENVER--(BUSINESS WIRE)--Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold,” the “Company,” “we,” “us,” or “our”) reports net income of $63.9 million, or $0.97 per share, for the quarter ended March 31, 2023, (“first quarter”) on revenue of $170.4 million and operating cash flow of $108.7 million. Adjusted net income¹ was $63.3 million, or $0.96 per share.
“We saw some positive developments from within the portfolio during the quarter”
[/quote]First Quarter 2023 Highlights:

• Robust financial results with revenue of $170.4 million and operating cash flow of $108.7 million, up 5% and 7% compared to the prior year period
• Revenue split: 71% gold, 14% copper, 12% silver
• Production volume of 90,200 GEOs², 4% higher than the prior year period
• Repaid $75 million of debt, reducing total debt to $500 million and increasing total available liquidity to $634 million
• Maintained adjusted EBITDA margin¹ of 79%
• Paid quarterly dividend of $0.375 per share, a 7% increase over the prior year period

https://www.businesswire.com/news/home/20230503005852/en/

Royal Gold Announces Third Quarter Dividend

DENVER--(BUSINESS WIRE)--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 third quarter dividend of $0.375 per share of common stock. The dividend is payable on Friday, July 21, 2023, to shareholders of record at the close of business on Friday, July 7, 2023.
https://www.businesswire.com/news/home/20230508005750/en/

Royal Gold Provides an Update on Peñasquito

DENVER--(BUSINESS WIRE)--Royal Gold, Inc. (RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we” or “our”) announced today that Newmont Corporation (“Newmont”) has suspended operations at the Peñasquito mine in Mexico in response to a strike action received from the National Union of Mine and Metal Workers of the Mexican Republic. Newmont stated that Minera Peñasquito has suspended operations in a safe and orderly manner and essential activities related to safety, security and environmental monitoring and protection continue. Newmont did not provide a timeline for resumption of operations.
Royal Gold owns a production payment equivalent to a 2.0% net smelter return royalty on all metal production from the Peñasquito mine. Peñasquito contributed approximately 7.2% of total revenue to Royal Gold in the year ended December 31, 2022.https://www.businesswire.com/news/home/20230608005826/en/

Royal Gold Announces Commitment to Acquire Gold/Platinum/Palladium and Copper/Nickel Royalties on Producing Serrote and Santa Rita Mines in Brazil

https://www.businesswire.com/news/home/20230611581330/en/


DENVER--(BUSINESS WIRE)--Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we” or “our”) announced today that its wholly-owned subsidiary RG Royalties, LLC, has entered into a binding commitment letter with ACG Acquisition Company Ltd. (“ACG”) to acquire new royalty interests on the producing Serrote and Santa Rita mines in Brazil for total cash consideration of $250 million, subject to satisfaction of certain conditions, including negotiation and execution of definitive documentation. The royalty interests consist of a gold royalty on the Serrote mine, a gold, platinum and palladium royalty on the Santa Rita mine, and a copper and nickel royalty on both the Serrote and Santa Rita mines (collectively, the “Royalties”).
Highlights of Proposed Acquisition
Royal Gold believes the proposed acquisition of the Royalties from ACG will provide the following benefits:

• Immediate and meaningful revenue contribution: The economic effective date of the transaction will be May 1, 2023. Royalty contributions to Royal Gold are expected to be approximately 8,000 gold equivalent ounces¹ (“GEOs”) for the period May 1 through December 31, 2023, and to average approximately 14,000 GEOs annually in the 5 years from 2024 through 2028.
• Diversified metal revenue: The Royalties are expected to provide a revenue mix weighted towards precious metals, with an approximate mix of 60% gold, 25% platinum and palladium, 10% nickel, and 5% copper for the first 5 years at current spot prices.
• Producing mines with proven operating teams in an established mining jurisdiction: Operations at Santa Rita restarted in 2019 followed by maiden production from Serrote in 2021, with significant investments in infrastructure by the current and previous owners. Local management has a history of successfully operating the mines, has a strong safety, environmental and social culture, and has positive relationships with supportive local communities.
• Significant long-term growth potential on large areas of interest: The areas of interest covered by the Royalties at both mines are substantial and include targets with high potential for exploration and production upside. At the Santa Rita mine, an underground expansion project could provide a 27-year extension to the mine life. At the Serrote mine, open pit resources outside of the base case mine plan could provide the potential to expand the existing pit and extend the mine life.
• ESG attributes enhance the Royal Gold portfolio: Both the Serrote and Santa Rita operations are forecasted to have low first quartile carbon emissions intensity² over the mine lives and are expected to improve the Royal Gold portfolio average for carbon emissions intensity, total energy intensity and safety statistics³.
• New relationship with growth-focused counterparty: ACG’s stated strategy for ACG Electric Metals is to grow production of critical metals to supply the western automotive industry. The commitment letter with ACG includes terms that provide Royal Gold with the ability to participate in the future growth of ACG Electric Metals through a right of first refusal on the sale of any streams or additional royalties on the Serrote and Santa Rita mines and a right of first offer on royalty and stream financing for any future projects acquired by ACG Electric Metals.

Royal Gold Reports Steady Portfolio and Financial Performance for the Second Quarter of 2023
https://www.businesswire.com/news/home/20230802933697/en/
DENVER--(BUSINESS WIRE)--Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold,” the “Company,” “we,” “us,” or “our”) reports net income of $63.4 million, or $0.97 per share, for the quarter ended June 30, 2023, (“second quarter”) on revenue of $144.0 million and operating cash flow of $107.9 million. Adjusted net income¹ was $57.2 million, or $0.88 per share.
“We remain active on the business development front and we entered into a binding commitment letter to provide royalty financing to help create ACG Electric Metals, an emerging supplier of battery metals to the EV supply chain”
[/quote]Second Quarter 2023 Highlights:

• Solid financial results with revenue of $144.0 million, operating cash flow of $107.9 million and earnings of $63.4 million
• Revenue split: 77% gold, 15% silver, 6% copper
• Production volume of 72,900 GEOs²
• Maintained high adjusted EBITDA margin¹ of 80%
• Debt reduced to $400 million after $100 million repayment
• Total available liquidity increased to $702 million
• Revolving credit facility maturity extended to June 28, 2028
• Paid quarterly dividend of $0.375 per share, a 7% increase over the prior year period
• Entered into binding commitment to acquire royalty interests on the producing Serrote and Santa Rita mines for $250 million

Royal Gold Reports Continued Strong Financial Performance for the Third Quarter of 2023

https://www.businesswire.com/news/home/20231101354497/en/

Third Quarter 2023 Highlights:

• Solid financial results with revenue of $138.6 million, operating cash flow of $98.1 million and earnings of $49.3 million, increases of 5%, 3% and 8%, respectively, compared to the prior year period
• Revenue split: 78% gold, 11% silver, 10% copper
• Production volume of 71,900 GEOs²
• Sustained high adjusted EBITDA margin¹ of 78%
• Debt reduced to $325 million after $75 million repayment
• Total available liquidity increased to $768 million
• Paid quarterly dividend of $0.375 per share, a 7% increase over the prior year period

Zitat

“In a short nine-month period, we have more than fully repaid the debt we borrowed to fund the acquisition of the second of two royalties on the world-class Cortez Complex”

Royal Gold: Dividende zum 23. Mal angehoben

Royal Gold: Dividende zum 23. Mal angehoben

https://www.businesswire.com/news/home/20231113822194/en/

Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we” or “our”) announced today that its Board of Directors approved an increase in the Company’s annual calendar year common stock dividend of approximately 7% from $1.50 to $1.60 per share, payable on a quarterly basis of $0.40 per share. The first quarterly dividend at the increased rate is payable on January 19, 2024, to shareholders of record at the close of business on January 5, 2024.

Zitat

“Paying a growing and sustainable dividend continues to be a core strategic objective for Royal Gold”

“Paying a growing and sustainable dividend continues to be a core strategic objective for Royal Gold,” commented Bill Heissenbuttel, President and CEO of Royal Gold. “We have paid a dividend since 2000, and despite volatility in the gold price we’ve increased our annual dividend every year since 2001. Our focus on consistently increasing our capital return to shareholders is unique in the precious metals sector, and Royal Gold is the only precious metals company in the S&P High Yield Dividend Aristocrats Index.”

Zitat von Sorgenfrei

https://www.royalgold.com/inve…unt-Milligan/default.aspx

Spannend. Royal Gold wird am unternehmerischen Risiko des Betreibers beteiligt. Teils durch die Produktpreise, teils durch den FCF-Bezug. Letzteres geht doch in Richtung NPI?

Auf den schnellen Blick: Wirkt realistisch in schwer abzusehenden Zeiten. Immerhin bekommen sie dafür eine Gegenleistung. Woanders haben wir gesehen, dass Royalties, die den Betreiber abzuwürgen drohten, einfach niedriger neu verhandelt wurden.

Vielleicht ist das der Anfang vom Abschied von der attraktiven NSR im Allgemeinen, ganz zu schweigen von Jack Stochs Liebling, der GOR?

Wer bastelt die Excel-Tabelle für verschiedene Preisszenarien bei Centerra/RGLD?

Gruß,

GL

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

https://www.businesswire.com/news/home/20240214391256/en/

2023 Highlights:

• Solid financial results with revenue of $605.7 million, operating cash flow of $415.8 million and earnings of $239.4 million
• Revenue split: 76% gold, 12% silver, 9% copper
• Sales volume of 312,100 GEOs^2,3
• Sustained high adjusted EBITDA margin¹ of 79%
• Debt reduced by $325 million to $250 million
• Total available liquidity increased to $845 million
• Revolving credit facility maturity extended to June 28, 2028
• Paid $1.50 per share dividend

Fourth Quarter 2023 Highlights:

• Increased dividend for the 23^rd consecutive year to $1.60 per share for 2024, a 7% increase over 2023
• Repaid $75 million of balance outstanding on revolving credit facility

durchaus vorzeigbare Zahlen, würde ich sagen....👍

Auch der Langfristchart sieht gut aus, genau wie bei Franco Nevada oder Osisko. Royalties waren insg in den letzten Jahren die "bessere" Idee als einzelne Minenwerte...

Danke für Ihr Information