Royal Gold completes acquisitions of royalty

Royal Gold, a Denver company, has completed its acquisition of a royalty interest in the Marigold Mine operated by Glamis Gold 35 miles southeast of Winnemucca.

The company purchased a 2 percent royalty interest in about 38 percent of the reserves of the Marigold Mine. It expects mining operations to move into areas covered by the royalty in 2010.

Royal Gold purchased the royalty from AngloGold Ashanti North America.