Press Release: Franco-Nevada Announces $500 Million Precious Metals Stream with Sibanye-Stillwater

Dow Jones12-19
   PGM (41.7 Moz on a 100% basis) as at December 31, 
   2023. Attributable Reserves of 231 Mt at 3.6 g/t 4E 
   PGM grade for 26.5 Moz 4E PGM (33.9 Moz 4E PGM on 
   a 100% basis) as at December 31, 2023. M&I Resources 
   are inclusive of Reserves. 
  (4) Based on 2023 production per Sibanye-Stillwater's 
   public disclosure and total 2023 supply per Johnson 
   Matthey PGM market report (May 2024) 
  (5) Assuming current projections of 4E PGM production 
   based on Reserves and Replacement Projects currently 
   being studied by Sibanye-Stillwater 
  (6) The ongoing payments are subject to reduction 
   in certain circumstances 
  (7) The development and timing of these replacement 
   projects is subject to achieving positive commercial 
   and economic outcomes from the feasibility studies 
   underway. 
 

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SOURCE Franco-Nevada Corporation

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/CONTACT:

For more information, please visit our website at www.franco-nevada.com or contact: Paul Brink, President & CEO, 416-306-6305, info@franco-nevada.com; Eaun Gray, SVP, Business Development, 416-306-6342; John Blanchette, President - Franco-Nevada (Barbados) Corporation, 246-434-8203

Copyright CNW Group 2024 
 

(END) Dow Jones Newswires

December 19, 2024 00:28 ET (05:28 GMT)

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