Glencore plc




2011 / 07 / 13




3.0% NSR

The Bracemac-McLeod mine is a high-grade volcanogenic massive sulphide (VMS) deposit located in the prolific mining district of Matagami, Québec. The Matagami district has seen mining activity for over fifty years and Bracemac-McLeod is the region’s twelfth operating mine. Bracemac-McLeod is a zinc-rich VMS deposit and also contains economic values of copper, silver and gold.

Underground longhole mining operations began in May 2013 with transverse and longitudinal stoping methods used to access the orebodies. The mine operates at an average rate of 3,000 tpd and ore is transported to the Matagami Mill where it undergoes a flotation process to produce concentrates of zinc and copper. The Matagami mill has been in operation since 1963 and underwent an upgrade that was completed in 2007. Copper concentrate from Bracemac-McLeod is sent to the Horne Smelter in Rouyn-Noranda, Québec and zinc concentrate to the Canadian Electrolytic Zinc Refinery in Valleyfield, Québec.

As of December 31, 2019, the Proven and Probable Reserves at Bracemac-McLeod were 2.1 Mt at 6.0% zinc, 0.9% copper, 27.0 g/t silver and 0.6 g/t gold.

Recent Activity

Bracemac-McLeod discontinued operations in the second half of 2022.

Use the link below to browse a list of available technical reports for the projects within Sandstorm’s portfolio. For the most up-to-date information on each project, please refer to the project operator or developer.

Investor Presentation

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Asset Handbook

With 250 royalties acquired since 2009, we offer an exciting investment opportunity in a diverse portfolio of royalty assets. Discover all of Sandstorm’s royalties around the globe.


Annual Report

Our 2023 Annual Report includes our annual Financial Statements and Management Discussion & Analysis and a letter from Sandstorm’s President & CEO.


Sustainability Report

Learn more about Sandstorm’s approach to sustainability including our due diligence process, mining partnerships, and employee engagement.