Getting your player ready...
Royal Gold, which gets its revenue from mining royalties, may sign more deals with companies seeking financing for project development as costs increase.
“This is a very good environment for us,” chief executive Tony Jensen said Tuesday. “It is a deal-rich and opportunity-rich environment.”
Mining project costs have increased in the past five years, Jensen said. Companies are more likely to consider multiple sources of finance, including royalties, to fund development, he said.
