Royal Gold (NASDAQ: RGLD) Acquires Barrick Gold Corporation Royalty Portfolio
Royal Gold, Inc. (RGLD) is a precious metals royalty company that owns and manages royalties on principally precious metals mines containing mostly gold and silver deposits. The company’s royalty portfolio provides investors with the opportunity to capture value in the precious metals sector without incurring many of the risks associated with mine operations such as capital and operating costs. Royal Gold owns a large portfolio of active, developing and exploration-style royalties located in some of the world’s most prolific regions. Last week the company announced entering into a definitive agreement to acquire a portfolio of royalties from Barrick Gold Corporation…