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.
View original content to download multimedia:https://www.prnewswire.com/news-releases/franco-nevada-announces-500-million-precious-metals-stream-with-sibanye-stillwater-302335823.html
SOURCE Franco-Nevada Corporation
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2024/19/c4932.html
/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)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.