Ivanplats progresses financing for Platreef

Ivanhoe Mines' PGM-focused subsidiary Ivanplats has lined up streaming and debt facilities worth US$420 million to fund its Platreef PGM, nickel, copper and gold project in the Limpopo province, South Africa.

Workers at Ivanplats Platreef project in the Limpopo province, South Africa

17 February 2021
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Ivanplats has signed a non-binding term sheet with Orion Mine Finance for a $300 million streaming facility, and has appointed Societe Generale and Nedbank as lead arrangers for a $120 million debt

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