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Hits and misses as production reports roll in

Creamer Media Deputy Editor: North America
Several North American miners issued fourth-quarter and full-year 2016 production reports on Wednesday, with some reporting better-than-expected results and others missing the mark. TSX- and NYSE MKT-listed streaming and royalty firm Sandstorm Gold sold record volume of 13 200 attributable gold-equivalent ounces (GEOs) during the fourth quarter and more than 49 500 GEOs for 2016. Both the fourth quarter and yearly production results are records for the company. The attributable GEOs were generated from 21 streams and royalties, with more than 70% of the ounces coming from operations run by major and midtier mining companies.

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