Rich People Trades
  • Business
  • World News
  • Politics
  • Investing
  • Business
  • World News
  • Politics
  • Investing

Rich People Trades

Investing

​Royal Gold to Create Streaming and Royalty Giant in US$3.7 Billion Deal

by admin July 11, 2025
July 11, 2025
​Royal Gold to Create Streaming and Royalty Giant in US$3.7 Billion Deal

Royal Gold (NASDAQ:RGLD) has announced plans to acquire Sandstorm Gold (TSX:SSL,NYSE:SAND) and Horizon Copper (TSXV:HCU,OTCQB:HNCUF) in a pair of deals valued at a combined US$3.7 billion.

The companies involved confirmed the transactions in back-to-back press releases on Monday (July 7).

Royal Gold will acquire Sandstorm Gold in an all-share transaction worth approximately US$3.5 billion, and will separately acquire Horizon Copper for US$196 million in cash.

The deal will consolidate three complementary portfolios into a single entity operating under the Royal Gold name, with 393 royalty and streaming interests, including 80 cash-flowing assets. Upon closing, Sandstorm shareholders will own 23 percent of the newly combined Royal Gold, with existing Royal Gold shareholders retaining 77 percent.

Sandstorm President and CEO Nolan Watson called the announcement “a significant milestone.’

“This transaction rewards Sandstorm shareholders in the near term while also offering a compelling opportunity to own a large-scale, world-class streaming and royalty company with continued upside potential,” he said. “Joining forces with Royal Gold will amplify the strengths of Sandstorm’s portfolio and unlock new opportunities for our shareholders.”

The resulting pro-forma Royal Gold will be heavily weighted toward precious metals, with gold contributing 75 percent of 2025 revenues. Its portfolio will span North and South America, Africa and select operations in Asia and Europe.

The expanded company will also inherit exposure to a pipeline of high-profile development assets, including the MARA copper-gold project in Argentina by Glencore (LSE:GLEN,OTC Pink:GLCNF), Hod Maden in Turkey by SSR Mining (TSX:SSRM,NASDAQ:SSRM,ASX:SSR), Platreef in South Africa by Ivanhoe Mines (TSX:IVN,OTCQX:IVPAF) and the Warintza copper project in Ecuador under Solaris Resources (TSX:SLS,NYSEAMERICAN:SLSR).

Another notable addition is the Mount Milligan mine in BC, where Royal Gold holds rights to significant gold and copper streams. The site, operated by Centerra Gold (TSX:CG,NYSE:CGAU), is expected to produce up to 185,000 ounces of gold and 60 million pounds of copper in 2025.

Royal Gold will also strengthen its interests in assets like the Cortez Complex and Pueblo Viejo mine. Jointly owned by Barrick Mining (TSX:ABX,NYSE:GOLD) and Newmont (TSX:NGT,NYSE:NEM), Pueblo Viejo’s plant was recently expanded; output is targeted at an average of 800,000 ounces of gold annually on a 100 percent basis through the mid-2040s.

Also included is a 1.66 percent net profit interest in Antamina, a major copper producer in Peru operated by a Glencore-led joint venture. A US$2 billion expansion was recently approved to extend mine life through 2036.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

previous post
Ekin Ober on Why AI Could Be Mining’s Most Valuable Tool Yet
next post
State Department to begin mass layoffs of about 1,800 employees in coming days

Related Posts

China’s Mineral Export Ban Reinforces Electric Royalties’ Long-Term...

May 14, 2025

Terms of Reference for Enviromental Study Provided for...

March 26, 2025

Pinnacle Closes Non-Brokered Private Placement and Associated Acquisition...

February 26, 2025

High-grade results incl 16m @ 8g/t Au in...

May 20, 2025

High-Potential WA Lithium & Gold Tenements Secured

February 19, 2025

What’s the Next US Copper Mine? 27 Copper...

April 24, 2025

FinEx Metals

June 24, 2025

Drilling Underway at Lac Carheil

February 28, 2025

Rare Earths Stocks: 9 Biggest Companies in 2025

April 8, 2025

WGC: Central Banks, Investors Fuel Record 2024 Gold...

February 11, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Editors’ Picks

    • 1

      First lady Melania Trump’s new official portrait revealed

      January 28, 2025
    • 2

      Health experts prep Dem lawmakers on anti-vaccine arguments ahead of RFK Jr’s confirmation hearings

      January 28, 2025
    • 3

      ECOWAS pledges to ‘keep door open’ after 3 coup-hit West African nations exit regional bloc

      January 30, 2025
    • 4

      American fighters are dying in Ukraine in growing numbers. Bringing their bodies home is a complex task

      January 30, 2025
    • 5

      Vale Launches Strategic Review of Thompson Nickel Operations Amid Market Challenges

      January 28, 2025
    • 6

      Scorched-earth Shanahan: RFK Jr’s former running mate threatens political war against confirmation opponents

      January 30, 2025
    • 7

      Sparks expected to fly at Kash Patel’s Senate confirmation hearing to lead FBI

      January 30, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: richpeopletrades.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 richpeopletrades.com | All Rights Reserved