Actually SAND isn't a new one. They've been around since 2008. Back then they were known as Sandstorm Resources, then changed names to Sandstorm Gold to reflect a 100% pure gold streaming business model.
In late 2010, they spun off Sandstorm Metals & Energy to become the world's first diversified base metals and energy streamer.
Within the past couple of days, they completed a back to back stream with both sides of the business with Colussus Minerals to add Platinum to the precious metals portfolio and paladium to the base metals portfolio.
Anyone who owns Silver Wheaton (while the best in the silver stream), should know that the former CFO here (Nolan Watson, the one who built SLW), and David Awram who was the director of IR (at SLW), left to form Sandstorm.
Disclosure: I am one of the very early investors in each of the Sandstorm companies and still am in major accumulation of both companies.