Sibanye inks $500m streaming agreement with Franco-Nevada

Multinational metals and mining group Sibanye-Stillwater has entered into a $500-million streaming agreement with Franco-Nevada (Barbados) Corporation, a subsidiary of Franco-Nevada Corporation. The deal grants Franco-Nevada access to gold and platinum streams from Sibanye-Stillwater’s Marikana, Kroondal and Rustenburg operations, in South Africa, in exchange for an upfront payment of $500-million.