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Sandstorm Gold Ltd T.SSL

Alternate Symbol(s):  SAND

Sandstorm Gold Ltd. is a Canada-based precious metals-focused streaming and royalty company. The Company is focused on acquiring royalties and gold and other metals. The Company holds a portfolio of over 230 royalties, of which 41 of the underlying mines are producing. Its segments include Antamina, Aurizona, Blyvoor, Bonikro, Caserones, Cerro Moro, Chapada, Fruta del Norte, Hounde, Mercedes, Vale Royalties, and others. Antamina open-pit copper mine located in the Andes Mountain range of Peru, approximately 270 kilometers (km) north of Lima. Aurizona mine is in Brazil. The Blyvoor gold mine is located on the Witwatersrand gold belt, South Africa. The Bonikro gold mine is located in Cote d’Ivoire. Caserones open pit mine is in the Atacama region of Chile. Chapada mine is located 270 km northwest of Brasilia in Goias State, Brazil. Mercedes gold-silver mine in Sonora, Mexico. Black Fox mine and Froome mine are located in Ontario, Canada.


TSX:SSL - Post by User

Bullboard Posts
Comment by zentrarianNZon May 24, 2013 4:55pm
117 Views
Post# 21438885

RE: Semi OT - SLW

RE: Semi OT - SLW

A more detailed report which puts the ruling in context:

https://news.yahoo.com/barrick-fined-16m-pascua-lama-violations-164342441.html

Or google Pascua Lama Yahoo.

"The regulator found 23 violations, and Barrick accepted all but one of them in a detailed response on April 29. But the sanctions don't mean the end of Pascua-Lama — far from it."

It sounds to me like the remediation work is a good thing, and the cost of full compliance is probably negligibile in the grand scheme of things. But it's hard to understand why Barrick cut corners, because these endless delays are costly.

Death by a thousand cuts?

Bullboard Posts