Royal Gold, Inc. Appoints Sybil Veenman to the Board of Directors, Effective January 1, 2017
December 16, 2016 at 09:00 am
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Royal Gold, Inc. has appointed Sybil Veenman to the company’s Board of Directors, effective January 1, 2017. Ms. Veenman will be a new addition to Royal Gold’s Board, now comprised of nine members, eight of whom are independent. Ms. Veenman brings over 20 years of mining industry experience with Barrick Gold Corporation, where she most recently served on the Senior Leadership Team as Senior Vice President and General Counsel.
Royal Gold, Inc. 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's segments include Acquisition and Management of Stream Interests, and Acquisition and Management of Royalty Interests. The Acquisition and Management of Stream Interests segment includes a metal stream, which is a purchase agreement that provides the right to purchase all or a portion of one or more metals produced from a mine, at a price determined for the life of the transaction by the purchase agreement. The Acquisition and Management of Royalty Interests segment includes non-operating interests in mining projects that provide the right to revenue or metals produced from the project after deducting specified costs, if any. The Company owns interests on approximately 178 properties on five continents, including interests on 37 producing mines and 22 development stage projects.