Sandstorm Gold Ltd. has released its results for the fourth quarter and year ended December 31, 2018 . Fourth Quarter Highlights Attributable gold equivalent ounces sold1 of 14,182 ounces ; Revenue of $17.5 million ; Cash flows from operating activities, excluding changes in non-cash working capital1 of $10.9 million ; Net income of $2.7 million ; Credit Facility Amendment: The Company's revolving credit facility was [...]
Sandstorm Gold Ltd. will release its 2018 fourth quarter and annual results on Tuesday, February 19, 2019 after markets close. A conference call will be held on Wednesday, February 20, 2019 starting at 8:30am PST to further discuss the fourth quarter results. To participate in the conference call, use the following dial-in numbers and conference ID, or join the webcast using the link below: Local/International: 201 389 [...]
Sandstorm Gold Ltd. is pleased to announce that the Company has acquired a 0.9% net smelter returns royalty on precious metals produced from the Fruta del Norte gold project in Ecuador , currently under construction by Lundin Gold Corporation . The NSR Royalty was acquired from a private third party for US$32.75 million in cash and covers more than 644 square kilometres, including all 30 mining concessions held by Lundin [...]
Sandstorm Gold Ltd. is pleased to report that the Company has sold approximately 14,150 attributable gold equivalent ounces1 during the fourth quarter of 2018 and approximately 57,600 attributable gold equivalent ounces1 for the full 2018 year, the highest yearly total in Company history. Approximately 85% of the ounces came from operations run by major and mid-tier mining companies. Note 1: Sandstorm has included certain [...]
Sandstorm Gold Ltd. is pleased to announce that it has amended its revolving credit agreement , allowing the Company to borrow up to US$225 million for general corporate purposes, including acquisitions, share buybacks, and dividends. The amounts drawn on the Revolving Loan are subject to interest at LIBOR plus 2.00% - 3.00% per annum, and the undrawn portion of the Revolving Loan is subject to a standby fee of 0.45 [...]
Sandstorm Gold Ltd. is pleased to announce that the Company's Board of Directors has approved the purchase of up to 18.3 million of its common shares , between now and the end of 2019, subject to Toronto Stock Exchange approval . The 18.3 million shares represent approximately 10% of Sandstorm's current shares outstanding and it is the Company's current intention to complete the entire share buyback of 18.3 million [...]
VANCOUVER, BC / ACCESSWIRE / November 14, 2018 / Sandstorm Gold Ltd. has released its results for the third quarter ended September 30, 2018 . THIRD QUARTER HIGHLIGHTS Revenue of $17.3 million ; Attributable gold equivalent ounces1 sold of 14,314 ounces ; Average cash cost per attributable gold equivalent ounce1 of $248 resulting in cash operating margins1 of $960 per ounce ; Cash flows from operating activities [...]
Sandstorm Gold Ltd. will release its 2018 third quarter results on Wednesday, November 14, 2018 after markets close. A conference call will be held on Thursday, November 15, 2018 starting at 8:30am PDT to further discuss the third quarter results. To participate in the conference call, use the following dial-in numbers and conference ID, or join the webcast using the link below: Local/International: 201 389 0899 North [...]
Sandstorm Gold Ltd. is pleased to announce recent updates from the Company's royalty properties. Rio Tinto Announces Commencement of Mining from A21 Pipe and 177.7 Carat Diamond Rio Tinto Group announced the opening of a fourth diamond pipe at the Diavik Diamond Mine in the Northwest Territories of Canada. The new open pit pipe will provide a source of incremental supply over the next four years to sustain production [...]
Sandstorm Gold Ltd. is pleased to report that the Company has sold approximately 14,300 attributable gold equivalent ounces1 during the third quarter of 2018. Approximately 85% of the ounces came from operations run by major and mid-tier mining companies. Note 1 Sandstorm has included certain performance measures in this press release that do not have any standardized meaning prescribed by International Financial [...]
VANCOUVER, BC / ACCESSWIRE / August 1, 2018 / Sandstorm Gold Ltd. has released its results for the second quarter ended June 30, 2018 . - SECOND QUARTER HIGHLIGHTS - Revenue of $18.9 million ; - Attributable gold equivalent ounces1 sold of 14,465 ounces ; - Average cash cost per attributable gold equivalent ounce1 of $296 resulting in cash operating margins1 of $1,013 per ounce ; - Cash flows from operating activities [...]
Sandstorm Gold will release its 2018 second quarter results on Wednesday, August 1, 2018 after markets close. A conference call will be held on Thursday, August 2, 2018 starting at 8:30am PDT to further discuss the second quarter results. To participate in the conference call, use the following dial-in numbers and conference ID, or join the webcast using the link below: Local/International: 416 764 8688 North American [...]