This question was closed without grading. Reason: Answer found elsewhere
Dec 14, 2020 12:53
3 yrs ago
19 viewers *
English term
Türkiye
streaming company
English to Turkish
Tech/Engineering
Mining & Minerals / Gems
A streaming company also provides funding to a mining company to get a percentage of interest in a particular mine. For example, the streaming company, Franco Nevada, might give a $600 million loan to the mining company, Newmont Goldcorp. Newmont Goldcorp will use the loan to develop Mine A. In exchange, Franco Nevada will have a 7% interest in Mine A until 200,000 ounces of gold has been delivered by Newmont, and then receive 2% after.
When the deal is created, streaming companies also specify a price relative to the spot price to purchase the gold that the mining company produces. For example, if the deal was for 50% of the spot price, then Franco Nevada can realize quite a nice profit margin by paying Newmont Godcorp $600 per ounce for gold when the spot price is $1,200 per ounce. If its agreement with Newmont enables it to purchase 14,000 ounces per year, Franco Nevada stands to net $8.4 million in profit.
When the deal is created, streaming companies also specify a price relative to the spot price to purchase the gold that the mining company produces. For example, if the deal was for 50% of the spot price, then Franco Nevada can realize quite a nice profit margin by paying Newmont Godcorp $600 per ounce for gold when the spot price is $1,200 per ounce. If its agreement with Newmont enables it to purchase 14,000 ounces per year, Franco Nevada stands to net $8.4 million in profit.
Proposed translations
(Turkish)
| 4 | Çıkarılan madenlerden sabit fiyat üzerinden kesintisiz alım taahhüdü veren yatırımcı / finansör |
Yunus Can ATLAR
|
Proposed translations
16 mins
Yunus Can ATLAR
Türkiye
Türkiye
Native in Turkish
Türkiye
General Texts, IT, Electronics& Military
Native in: Turkish (Variant: Standard-İstanbul ) 
Works in: English to Turkish, Turkish to English, English
Çıkarılan madenlerden sabit fiyat üzerinden kesintisiz alım taahhüdü veren yatırımcı / finansör
Declined
Sektörde oturmuş karşılığı var mı bilmiyorum ama anlamı bu.
What is a mine streaming company?
Banks and other financial institutions have become cautious about lending to the mining sector. Poor returns for gold miners in the past and concerns over ESG issues has meant that many traditional forms of finance are not always available, especially to junior and mid-tier mining companies. Many mining companies have turned to streaming contracts as an alternative source of finance.
In short, streams seek to monetise expected future production and assets from a venture. Of course this could be for anything that generates a predictable flow of assets and doesn’t have to be a commodity. Although typically applied to commodities, they could equally be applied to intellectual property assets such as music or books.
In the mining sector a streaming contract is an agreement to purchase all or part of a mine’s future production at a predetermined price, usually well below market value at the time of the contract.
What is a mine streaming company?
Banks and other financial institutions have become cautious about lending to the mining sector. Poor returns for gold miners in the past and concerns over ESG issues has meant that many traditional forms of finance are not always available, especially to junior and mid-tier mining companies. Many mining companies have turned to streaming contracts as an alternative source of finance.
In short, streams seek to monetise expected future production and assets from a venture. Of course this could be for anything that generates a predictable flow of assets and doesn’t have to be a commodity. Although typically applied to commodities, they could equally be applied to intellectual property assets such as music or books.
In the mining sector a streaming contract is an agreement to purchase all or part of a mine’s future production at a predetermined price, usually well below market value at the time of the contract.
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