Franco-nevada announces $500 million precious metals stream with sibanye-stillwater

(in u.s. dollars unless otherwise noted) toronto , dec. 19, 2024 /prnewswire/ - franco-nevada corporation ("franco-nevada " or the "company") (tsx: fnv) (nyse: fnv) is pleased to announce that its wholly-owned subsidiary, franco-nevada (barbados) corporation ("fnb"), has entered into a precious metals stream (the "stream") with reference to specific production from sibanye-stillwater limited's ("sibanye-stillwater") marikana, rustenburg and kroondal mining operations (the "stream area") located on the western limb of the bushveld complex in south africa. the stream is primarily comprised of a gold component for the life of mine ("lom") and a platinum component for approximately 25 years supporting a more stable gold equivalent ounce ("geo") delivery profile to fnb over this period.
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