7/8/2025
Royal Gold to Acquire Sandstorm Gold and Horizon Copper, Creating a Global Streaming and Royalty Powerhouse
In a landmark move set to reshape the metals royalty landscape, Royal Gold Inc. announced it will acquire Sandstorm Gold Royalties and Horizon Copper in two separate transactions valued at over $3.7 billion. The acquisitions will create a large-scale, highly diversified precious metals streaming and royalty company poised to lead the industry in both scale and growth potential.
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