In today's challenging finance environment, some miners are looking to royalty companies to fill the funding void. Royalty sales give the junior mining company capital to explore or build a mine in exchange for a percentage of future production. It is a win-win. Investors have exposure to gold profits, but are immune to much of the risk. Juniors get the money they need to move forward. But not all royalties are the same and a number of new types have entered the market to fill specific investing and funding niches. In this special primer from The Gold Report, we survey the heads of the companies to explain the role they see themselves playing in investment portfolios and the future of mining.
Articles Tagged "gold royalties"
On Tuesday's Mad Dash with CNBC's Jim Cramer, the discussion of gold's Monday plunge had Cramer warning investors that the gold market is frozen and they should be wary of gold royalty trusts.
African countries produce a fifth of the world's gold, yet the potential economic and development benefits that the metal presents are not being realized. A new report explores why this is the case.
Even as the price of gold has shown considerable upward volatility this year, gold royalties have escaped much of the consideration that has been offered for exposure through gold equities, gold bullion, or gold exchange traded funds.
CNBC reports Royal Gold Inc. fiscal fourth-quarter profit surged 39 percent, as royalty revenue rose sharply. Royal Gold said its profit for the quarter ended June 30 increased to $7.9 million, or 24 cents per basic share, from $5.7 million, or 20 cents per share in the same quarter last year. The company did not [...]