In connection with the press release issued by Colossus Minerals on July 15, 2013 related to development at its Serra Pelada mine, Sandstorm Metals & Energy has provided an update for its shareholders. Colossus has encountered challenges with dewatering wells and pumps in the Central Mineralized Zone at Serra Pelada which requires additional [...]
Sandstorm Metals & Energy announces that it has amended its copper stream agreement on the Bracemac-McLeod Mine with Donner Metals to waive the requirement for Donner to sell copper to Sandstorm Metals during the 2013 calendar year. This amendment has been made in order to better allow Donner to meet its working capital obligations that arise under [...]
Sandstorm Metals & Energy is pleased to announce that it has acquired a 1.2% net smelter returns royalty on base metals from the Prairie Creek project in the Northwest Territories, Canada from Canadian Zinc Corp. Prairie Creek is a zinc, silver and lead project that is 100%-owned by Canadian Zinc and contains a Mineral Reserve of 5.2 million tonnes [...]
Sandstorm Metals & Energy is pleased to announce that production has commenced at the Bracemac-McLeod Mine at an average rate of 3,000 tonnes per day. The mine operator, Glencore Xstrata, is now processing copper and zinc ore from the mine and Sandstorm is entitled to purchase an amount equal to 24.5% of the copper produced through its copper [...]
Sandstorm Metals & Energy announces that its shareholders have approved the proposed ten (10) for one (1) consolidation of the Company's common shares. The shareholders voted in favour of the Consolidation at the shareholder's meeting held today. The Company will give effect to the Consolidation at 12:01 a.m., Wednesday, May 15, 2013. The Company's [...]
In connection with the release of its fourth quarter and annual results, Sandstorm Metals & Energy is pleased to provide a corporate update on the activities of the Company. Current Streams: Sandstorm has a portfolio of 4 commodity streams in 3 diversified commodities including the following: Bracemac-McLeod Mine - Copper Stream. Sandstorm has a [...]
Sandstorm Metals & Energy Ltd. is pleased to announce the completion of a business combination between Anterra Energy and Terrex Energy. Effective March 14, 2013, Anterra acquired 100% of the issued and outstanding common shares in the capital of Terrex, in exchange for Class A common shares in the capital of Anterra. In connection with the [...]
Sandstorm Metals & Energy is pleased to announce that it has entered into a US$5 million production based metal credit purchase agreement with Entree Gold (via a back-to-back agreement with Sandstorm Gold which has entered into a funding agreement related to precious metals and copper with Entree to purchase metal equivalent to 2.5% of Entree's 20 [...]
Sandstorm Metals & Energy is pleased to announce the appointment of Tom Bruington as Executive Vice President, Project Evaluation. Mr. Bruington joins Sandstorm after more than ten years at the International Finance Corporation where he was employed as Chief Engineer/Industry Specialist for the mining division of the oil, gas, mining and chemicals [...]
Sandstorm Metals & Energy together with Novadx Ventures announce the completed acquisition of Mine 12, the Turley Rail Load-Out, and the Smokey Junction Preparation Plant located in Campbell and Scott Counties, Tennessee. The Tennessee Properties were acquired from Premium Coal Company, National Coal, LLC and Jacksboro Coal Company, LLC, for an [...]
The board of directors of Sandstorm Metals & Energy have approved the issuance of 2,153,000 restricted share rights and 2,000,000 stock options, both of which were issued after market close today, December 21, 2012. The stock options have a five year term with an exercise price based on today's closing price. The restricted share rights and stock [...]
Sandstorm Metals & Energy is pleased to announce that Thunderbird Energy has commenced production from the eight new wells that were the subject of the Gordon Creek fall 2012 completion program. Gordon Creek field volumes have recently averaged 5,265 mcf/day of raw natural gas (4,975 mcf/day sales gas). Of this total, approximately 4,200 mcf/day of [...]
