Sandstorm Gold Ltd. agreed to acquire Vatukoula Gold Mines Ltd …
Sandstorm Gold Ltd. agreed to acquire Vatukoula gold mine PLC for $30 million on June 29, 2021. The stream entitles Sandstorm to purchase 25,920 ounces of gold over a six-year period and thereafter 2.55%—2.9% of the gold produced from the mine for on-going per ounce cash payment equal to 20% of the spot price of the gold.