|SSL, NRS, IAU|
Shareholders of both Nomad Royalties aka NSR and Sandstorm Gold Royalties aka SSL have approved the takeover of NSR by SSL. The process is expected to complete in about a week. Here's the NRS PR.
Now that they are established, new Nevada gold producer i-80 Gold aka IAU released its first proper quarterly report since it was created last year. Residual leaching at Ruby Hill and Lone Tree totaled 3507 oz Au for Q2 at a cash cost of $1122 per ounce sold. Their cash stash at quarter end was $132M, so they are well-funded to bring four mines into production over the next years, especially with the residual leaching still providing new income.