---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-001190"
form_type: "8-K"
ticker: "RGLD"
cik: "0000085535"
company_name: "ROYAL GOLD INC"
filed_at: "2024-02-15T23:59:59+00:00"
generated_at: "2026-06-06T01:44:35.113188+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Royal Gold posts strong FY2023 results; secures Mount Milligan mine life extension to 2035

## Summary
- FY2023 net income $239.4M ($3.63/share) on revenue $605.7M; Q4 net income $62.8M ($0.95/share).
- Debt reduced by $325M to $250M; dividend raised 7% to $1.60/share for 2024 (23rd consecutive increase).
- Mount Milligan deal: $125M near-term consideration ($24.5M cash + 50,000 oz gold), mine life extended to 2035.
- Royal Gold to provide cost support from ~2030; receives 5% FCF interest (rising to 10%); existing stream unchanged.
- Operating cash flow $415.8M; sales volume 312,100 GEOs (slightly below guidance but in line).

## SEC filing metadata
- accession: 0001558370-24-001190
- form_type: 8-K
- ticker: RGLD
- cik: 0000085535
- company_name: ROYAL GOLD INC
- filed_at: 2024-02-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/85535/000155837024001190/0001558370-24-001190-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/85535/000155837024001190/rgld-20240214x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-001190
- JSON: https://secwatch.observer/filing/0001558370-24-001190.json
- Plain text: https://secwatch.observer/filing/0001558370-24-001190.txt

## Key facts
- Earnings Releases
  ROYAL GOLD INC reported financial results for the fourth quarter and year ended December 31, 2023.
  - Period: the fourth quarter and year ended December 31, 2023
  - Result: reported results
  source text: On February 14, 2024, Royal Gold, Inc. (the “Company”) reported its results for the fourth quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/85535/000155837024001190/0001558370-24-001190-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.