Sandstorm Gold announces recommencement of mine operations at Aurizona Sandstorm Gold (SAND) announced that Luna Gold Corp. (LGCUF) has resumed mine operations at the Aurizona Gold Mine in Maranhao, Brazil. Production at Aurizona recommenced overnight after a resolution was reached during a meeting between the local government and the representatives of the community who were engaged in demonstrations concerning the progress of government-sponsored infrastructure projects. The demonstrations have ceased, thereby allowing normal operations to resume at Aurizona.
Sandstorm Gold remits $9.25M payment to True Gold Mining Sandstorm Gold has remitted $9.25M of the $25M it has committed to True Gold Mining in connection with the previously announced gold stream financing between Sandstorm, Franco-Nevada Corporation and True Gold. True Gold is developing the Karma Project in Burkina Faso, West Africa and Sandstorm anticipates remitting the remaining $15.75M to True Gold over the course of 2014 and 2015. Construction at the Karma Project is proceeding as planned.