Rank: 10 (Previous rank: 89)
CEO: Tony Jensen
Headquarters: Denver, CO
Revenue: $69.8 million
(four quarters to 12/31/08)
Return to investors: 13.3%
(three years to 12/81/08, annualized rate)
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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|Executive||2008 Total Compensation
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