DENVER--(BUSINESS WIRE)--Royal Gold, Inc. (NASDAQ:RGLD) (“Royal Gold” or the “Company,” “we” or “our”) congratulates its former Chairman and CEO Stanley Dempsey on the occasion of his induction into the National Mining Hall of Fame. Mr. Dempsey was selected by the National Mining Hall of Fame Board of Governors for his significant contributions to the mineral and mining industry. The induction ceremony will take place on Saturday, September 24, in Las Vegas.
Mr. Dempsey provided 31 years of leadership on Royal Gold’s Board of Directors, and served as CEO of Royal Gold from 1988 to 2006. He founded Royal Gold and developed its efficient, lower risk royalty business model. Before Royal Gold, Mr. Dempsey was with AMAX, Inc., where he held various engineering, legal, operating, and executive positions including Chairman of AMAX Australia Limited, Vice President of AMAX, Inc., Senior Vice President of Climax Molybdenum Company, Vice President of AMAX Exploration, Inc., Director of Environmental Affairs, and Division Attorney-Western Operations. During the period 1983-1986, Mr. Dempsey practiced law as a partner in the Denver office of the Washington D.C. firm of Arnold & Porter. Mr. Dempsey received a B.S. degree in geology and a J.D. from the University of Colorado, completed the Program for Management Development at the Harvard Business School, and received an Honorary Doctor of Engineering degree from the Colorado School of Mines in May 2006.
“We applaud the National Mining Hall of Fame Board of Governors’ decision to bestow Stanley Dempsey with this honor,” commented Tony Jensen, President and CEO. “Stan’s leadership extended beyond Royal Gold to encompass collaborative and unique approaches to public engagement, environmental conservation and mine financing. He is a passionate industry professional and proud of the contribution responsible mining makes to the quality of life for society. We are delighted to see him recognized for his contributions.”
Royal Gold is a precious metals stream and royalty company engaged in the acquisition and management of precious metal streams, royalties and similar production based interests. The Company owns interests on 193 properties on six continents, including interests on 38 producing mines and 24 development stage projects. Royal Gold is publicly traded on the NASDAQ Global Select Market under the symbol “RGLD.” The Company’s website is located at www.royalgold.com.