Tony Jensen, President and CEO, commented, “Fiscal 2012 marks the 11th consecutive year of record revenue and cash flow for Royal Gold. Our current financial results were driven by new and increasing production from recently commissioned mines, steady performance from our diversified royalty portfolio, and a continuation of strong metal prices. Revenue from our three producing cornerstone properties increased 31% as Peñasquito and Andacollo approached design capacity and Voisey’s Bay maintained steady state production. On top of this, we realized full-year production from Canadian Malartic, Holt, Las Cruces and Wolverine, further increasing our revenue base. During the fiscal year, we also added three new assets to our portfolio, and strengthened our balance sheet. We remain well positioned for new business opportunities as we move into fiscal 2013.”RECENT DEVELOPMENTS
Royal Gold Reports Fourth Quarter Financials And Record Results For Fiscal Year 2012
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