Natural Resources >> CEO Interviews >> December 22, 2003

STANLEY DEMPSEY – ROYAL GOLD INC (RGLD)

STANLEY DEMPSEY is Chairman and Chief Executive Officer of Royal Gold, Inc., a Denver-based, publicly-owned precious metals royalty company. Mr. Dempsey is a lawyer, geologist and a mining executive. He. received degrees in Geology and Law from the University of Colorado, and completed the Program for Management Development at the Harvard Business School. Mr. Dempsey was Chairman of AMAX Australia Limited from 1981 to 1983 and a Vice President of AMAX, Inc., from 1977 to 1983. He was also Deputy Chairman of Australian Consolidated Minerals Corporation from 1981 to 1983. Mr. Dempsey held various engineering, legal and operating positions within AMAX including Senior Vice President of Climax Molybdenum Company, Vice President of AMAX Exploration, Inc., Director of Environmental Affairs and Division Attorney-western operations. Mr. Dempsey practiced law as a partner of the Washington, DC, and Denver firm of Arnold & Porter from 1983 to 1986. Mr. Dempsey is active in trade, professional, civic and environmental organizations. He is past Chairman of the Board for Mountain States Employers Council, former Chairman of the Colorado Mining Association, past President of the Rocky Mountain Mineral Foundation, and former Chairman of the Lands Committee of the National Mining Association. Mr. Dempsey has served as Chairman of the Colorado Historical Society, and President of the Mining History Association. He is presently a Director of the World Gold Council, the National Mining Association, the Nevada Mining Association and Mountain States Employers Council. Profile
TWST: Could we begin with a brief historical sketch and an overview of

Royal Gold?

Mr. Dempsey: The company is a precious metals or gold royalty company

that's been in business for about 20