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Sandstorm sets FY'16 gold equivalent guidance to 40,000-50,000 ounces

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Sandstorm sets FY'16 gold equivalent guidance to 40,000-50,000 ounces

Sandstorm GoldLtd. said March 30 that it expects attributable gold equivalentproduction this year to be between 40,000 ounces to 50,000 ounces.

The forecast output is in line with the 45,146 ouncesproduced in 2015.

The company is looking to raise attributable gold equivalentproduction to around 65,000 ounces per annum by 2020.