Well, I just come across an interesting business that has been going on for years and not very well known....Royal Gold is a precious-metals company that doesn't mine, buy, or sell gold or silver. Instead, it buys rights to the royalties paid out by precious metal mines in the U.S., Canada, Mexico, Argentina, Bolivia, Nicaragua, and West Africa. Mine companies benefit by getting to raise capital without selling equity, while Royal Gold avoids capital and operating costs and legal or environmental liabilities.Get Your Own Gold-Mine Royalties
Well, I just come across an interesting business that has been going on for years and not very well known....Royal Gold is a precious-metals company that doesn't mine, buy, or sell gold or silver. Instead, it buys rights to the royalties paid out by precious metal mines in the U.S., Canada, Mexico, Argentina, Bolivia, Nicaragua, and West Africa. Mine companies benefit by getting to raise capital without selling equity, while Royal Gold avoids capital and operating costs and legal or environmental liabilities.
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