Royal Bafokeng Platinum (RBPlat) has struck a R2.1bn deal to deliver gold to mining financier Triple Flag, the proceeds of which will be used to settle the costs of its recent acquisition of 33% of the Bafokeng Rasimone Platinum Mine (BRPM) joint venture. 

RBPlat will deliver 70% of its gold production to Triple Flag until 261,000 ounces are delivered, and 42% thereafter. Triple Flag will pay 5% of the spot gold price per ounce...

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