NasdaqGS:RGLDMetals and Mining
Royal Gold Leans Into Royalty Model With Hod Maden Restructuring
Royal Gold restructured its interest in the Hod Maden Project, exchanging its direct ownership stake for a 2.5% net smelter return royalty.
The transaction involved selling part of its equity stake to project partner Lidya Mines while retaining exposure through future royalty payments.
This move reduces Royal Gold's exposure to project capital and operating costs and increases its focus on royalty based income.
Royal Gold, ticker NasdaqGS:RGLD, recently experienced mixed share price...