May has been a busy month with the announcement of the creation of Sandbox in collaboration with Equinox Gold and the earlier deal to buy Nomad Royalties, and through this process, the creation of strategic partners which it is hoped will enhance its abilities to bring in deals in the future. In February, it helped create Horizon Copper into which it sold a 30% interest in the Hod Maden copper project in Turkey and other assets for a US$200 million gold stream on Hod Maden. It subsequently added a package of royalties from Glencore affiliate BaseCore Metals Royalty which also saw Sandstorm get a long-life silver stream on the Antamina mine in Peru, the third largest in the world.
NSTL
