16
Sep
15:24
Ivanplats gets $225m prepayment under Platreef streaming agreements
Ivanhoe Mines says its South African subsidiary Ivanplats has received the second and final prepayment of $225 million as part of the Platreef streaming agreement, Kallanish reports.
Last December, Ivanplats had concluded $300 million stream-financing agreements with Orion Mine Finance and Nomad Royalty Co (later acquired by Sandstorm Gold Royalties) for the Platreef palladium-rhodium-nickel-platinum-copper-gold project in South Africa’s Limpopo province. Th…
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Very good overview of the weekly steel market.
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