The precious metals miner has forward sold gold and some platinum production out of two Rustenburg mines to the Nevada Corp.

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South Africa

News24 Business | Sibanye inks R9bn upfront payment deal for SA gold and platinum

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24.com

Franco-Nevada expands portfolio with strategic stream agreement on Sibanye-Stillwater's PGM operations, securing long-term gold and platinum production from key mining assets.

stocktitan.net

Franco-Nevada Secures $500M Precious Metals Stream Deal in Major South African Mining Operations

Franco-Nevada (TSX: FNV) has acquired a new precious metals stream following a transaction with Sibanye-Stillwater. The arrangement will see Franco-Nevada obtain both gold and platinum from certain operations in South Africa. The stream specifically applies to the Marikana, Rustenburg and Kroondal operations of Sibanye, which are part of the Western Limb of the Bushveld Complex. The complex notably is responsible for 15% of global platinum suppl…

the deep dive

Franco-Nevada Acquires Gold, Platinum Stream From Sibanye-Stillwater

By Reuters South African miner Sibanye Stillwater has struck a $500 million streaming agreement with Franco-Nevada Corp , Sibanye said on Thursday, as it seeks to boost its finances after a slump in platinum group metal (PGM) prices. Sibanye has said it will pursue metals streaming and prepayment arrangements, which involve selling future metals production in return for an upfront cash payment, to bolster its balance sheet. This is after its ear…

insidepolitic.co.za

Sibanye raises $500m via metals streaming deal with Franco-Nevada

Key PointsSibanye-Stillwater secures $500 million in non-debt funding through a gold and platinum streaming deal with Franco-Nevada. The agreement reduces Sibanye's debt ratio and ensures financial flexibility without imposing repayment obligations or minimum delivery requirements. Franco-Nevada’s involvement highlights Sibanye’s strong PGM asset quality, enabling monetization of future gold production while retaining PGM price leverage.Sibanye-…

Billionaires.Africa

Sibanye gets $500 million upfront in streaming deal with Franco-Nevada

SIBANYE-Stillwater will receive a welcome upfront injection of $500m (R8.8bn) from a gold and platinum streaming deal entered into with Franco Nevada which will place it in a “secure and sustainable financial position”, it said on Thursday. While Sibanye remains well within its bank covenants, the level of debt on the group’s balance sheet has raised some investor concerns because of the sustained period of PGM price weakness. At interim stage t…

News24 Business | Sibanye inks R9bn upfront payment deal for SA gold and platinum

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