Royal Gold announced stream segment sales for the period ended December 31, 2025, with consolidated stream segment sales of approximately 64,000 gold equivalent ounces (GEOs) for the fourth quarter.
The company updated on the balance sheet activities, reducing outstanding borrowings by $400 million since the Sandstorm transaction closing on October 20, 2025.
Details were provided on the rationalization of non-core assets, including agreements to restructure equity investments and debt in Bear Creek Mining Corporation.
Stream Segment Sales Update
Consolidated stream segment sales for the fourth quarter were approximately 64,000 GEOs, with significant contributions from RGLD Gold AG and the Sandstorm Portfolio.
Debt Reduction Efforts
Outstanding borrowings decreased by $400 million post Sandstorm transaction, with a further repayment of $75 million in January 2026.
Non-Core Asset Rationalization
Agreements were made to restructure non-core assets acquired with the Sandstorm transaction, aiming to simplify the portfolio and enhance royalty exposure.
- Royal Gold's stream segment sales for 2025 totaled approximately 195,400 GEOs, reflecting the company's strong performance in the precious metals market.
- The focus on reducing indebtedness and rationalizing non-core assets demonstrates Royal Gold's commitment to strengthening its financial position and strategic investments.
Royal Gold's updates on stream segment sales, balance sheet improvements, and non-core asset rationalization show a proactive approach towards optimizing operations and enhancing shareholder value in the precious metals industry.