Western Limb Mining Operations PGM Project

Project information

As at 31 December 2024

Type: Stream

Aggregation level: Asset

Status: Operating

Report standard: Samrec

Ownership %: 100

Operator: No

Operator name: Sibanye Stillwater Limited

Extraction: Underground

Country: South Africa

Region: North West

Geological province: Bushveld Igneous Complex

Interest conditions: Gold stream: 1.1% of 4E PGM ounces until 87,500 oz Au delivered, then 0.75% until 237,000 oz Au delivered, then 80% of gold for LOM. Platinum stream: 1.0% of Pt until 48,000 oz Pt delivered, then 2.1% until 294,000 oz Pt delivered. Ongoing payment of 5% of spot prices (increasing to 10% for gold after 237,000 oz). Plus 1% NSR on Pandora.

Description

As at 31 December 2024

Franco-Nevada precious metals stream and NSR royalty on Sibanye-Stillwater's Western Limb PGM Mining Operations in South Africa. Includes the Marikana, Rustenburg, and Kroondal operations and a total of 13 underground mines. Provides approximately 15% of global platinum supply.

Stream interests

As at 31 December 2024 · inclusive

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Reserves & resources — detail

As at 31 December 2024

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Western Limb Mining Operations — pgm project

Project information

Description

Stream interests

Reserves & resources — detail