Royal Gold to acquire Sandstorm and Horizon in deals worth $3.5bn
The transactions are set to significantly enhance Royal Gold's diversified portfolio of precious metal streams and royalty interests.
08 July 2025
08 July 2025
The transactions are set to significantly enhance Royal Gold's diversified portfolio of precious metal streams and royalty interests.
The company has initiated preparatory works on site, with plans to advance infrastructure, civil works, and recruitment processes.
The majority of these minerals are sourced from the Kachin region, which has been embroiled in a civil war since the military coup in 2021.
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The new agreement will enable the processing of ore from the Munda Gold Mine at the Lakewood Mill in Kalgoorlie, Western Australia.
The project is situated approximately 15km north-west of the company's existing Pilot Mountain Project.
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