Royal Gold Inc.
Royal Gold Announces 10-Year Life Extension for Mount Milligan Mine
Summary
On September 11, 2025, Royal Gold, Inc. issued a press release (furnished as Exhibit 99.1) regarding Centerra Gold Inc.'s announcement of the results of a pre-feasibility study for the Mount Milligan mine. The study confirms a life of mine (LOM) extension of approximately 10 years, to 2045, with potential for increased process plant throughput by approximately 10% in 2029. The study also highlights consistent gold and copper production and significantly increased gold and copper reserves.
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About Royal Gold Inc.
Royal Gold Inc. is a leading precious metals royalty and streaming company that primarily engages in acquiring and managing royalties and metal streams for gold products. Founded in 1981 and headquartered in Denver, Colorado, Royal Gold plays a pivotal role in the mining sector by providing upfront capital to mining operations in exchange for future royalties or metal at a discounted rate. This unique business model allows the company to benefit from the production value without incurring the high costs and risks associated with direct mining operations. Royal Gold's portfolio spans multiple continents, with interests in various key mining regions across North America, South America, and Australia, among others. By focusing on royalty agreements, Royal Gold strategically aligns with high-quality mines managed by experienced and well-financed operators, ensuring consistent revenue streams. The company is noted for its diversified portfolio, including ownership interests in some of the world's largest and most productive mines, significantly impacting the global supply chain of precious metals and mining equities.
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