Royal Gold, Inc. announced that Daniel Breeze will join the Company as Vice President, Corporate Development of its international business based in Zug, Switzerland and will oversee all global business development functions. Mr. Breeze has a unique blend of eighteen years of technical and commercial experience across international markets. In 2009, he joined BMO Capital Markets and subsequently moved to Zurich, Switzerland where he continued to focus on the mining sector and has built strong relationships with a range of global mining participants and management teams. The company also reports that Karli Anderson has resigned to pursue other opportunities. Alistair Baker will be looking after investor relations responsibilities on an interim basis.
Royal Gold, Inc. is a precious metals stream and royalty company engaged in the acquisition and management of precious metal streams, royalties and similar production-based interests. The Company's segments include Acquisition and Management of Stream Interests, and Acquisition and Management of Royalty Interests. The Acquisition and Management of Stream Interests segment includes a metal stream, which is a purchase agreement that provides the right to purchase all or a portion of one or more metals produced from a mine, at a price determined for the life of the transaction by the purchase agreement. The Acquisition and Management of Royalty Interests segment includes non-operating interests in mining projects that provide the right to revenue or metals produced from the project after deducting specified costs, if any. The Company owns interests on approximately 178 properties on five continents, including interests on 37 producing mines and 22 development stage projects.