Oct 7 (Reuters) - Franco-Nevada Corp FNV.TO reached a
silver streaming agreement with miner Teck Resources Ltd
TCKb.TO for $610 million.
Franco-Nevada expects to receive 900,000 to 1.1 million
ounces of silver in the fourth quarter from the Antamina mine in
Peru as part of the agreement. ID:nPn3K6CRv
"Streaming" transactions are a type of mine financing where
a streaming company provides funds upfront to a miner in
exchange for delivery of a certain amount of future production
at a set price.