| Business Summary | | Royal
Gold,
Inc.
is
engaged
in
the
acquisition
and
management
of
precious
metals
royalties.
The
Company's
principal
mineral
property
interests
are
two
sliding-scale
gross
smelter
returns
(GSR)
royalties
and
one
fixed
GSR
royalty
over
the
mining
complex
that
includes
the
Pipeline
and
South
Pipeline
gold
mines
in
Crescent
Valley,
Nevada,
operated
by
the
Cortez
Joint
Venture.
The
Company
also
has
a
1.75%
net
smelter
returns
(NSR)
royalty
interest
covering
a
portion
of
the
Bald
Mountain
mine,
operated
by
Placer
Dome
U.S.
Inc.
The
Company
also
owns
a
2%
NSR
royalty
on
all
of
the
properties
held
by
Yamana
Resources,
Inc.
in
Argentina
and
a
royalty
interest
over
a
portion
of
the
Mule
Canyon
mine,
and
over
one
other
exploration-stage
project
in
Nevada.
Royal
Gold
is
also
engaged,
through
two
wholly
owned
subsidiaries,
in
the
provision
of
financial,
operational,
and
environmental
consulting
services
to
the
mining
industry
and
to
companies
serving
the
mining
industry. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Royal
Gold
engages
in
the
acquisition,
exploration,
development,
and
the
sale
of
gold
properties,
and
in
the
acquisition
of
gold
royalty
interests.
The
Company
also
provides
financial,
operational
and
consulting
services
to
the
mining
industry.
For
the
nine
months
ended
3/31/01,
revenues
fell
40%
to
$4.6
million.
Net
income
fell
72%
to
$830
thousand.
Results
reflect
lower
grade
and
lower
production
levels
at
the
Pipeline
Mining
Complex
and
higher
impairment
costs. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
after
tax
earnings
were
308. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Stanley Dempsey, 61 Chairman
and CEO | $401K | $201K | Peter Babin, 46 Pres | 301K | 136K | Karen Gross, 46 VP,
Sec. | 163K | 23K | Donald Baker, 51 VP
-Corp. Devel. | 151K | -- | John Skadow, 42 Controller,
Treasurer | 120K | -- | Dollar amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|