Franco-Nevada Corporation operates as a gold-focused royalty and streaming company.
On January 3, 2024, Franco-Nevada acquired, through a wholly owned subsidiary, an additional interest in the Chilean portion of Barrick‘s Pascua-Lama project.
On January 19, 2024, EMX Royalty Corporation (EMX) exercised an option to acquire 0.0531% of Franco-Nevada’s effective NSR on the Caserones mine.
On April 15, 2024, Franco-Nevada acquired a 2.0% gross production royalty on all minerals produced on Scotti...
Franco-Nevada Corporation operates as a gold-focused royalty and streaming company.
On January 3, 2024, Franco-Nevada acquired, through a wholly owned subsidiary, an additional interest in the Chilean portion of Barrick‘s Pascua-Lama project.
On January 19, 2024, EMX Royalty Corporation (EMX) exercised an option to acquire 0.0531% of Franco-Nevada’s effective NSR on the Caserones mine.
On April 15, 2024, Franco-Nevada acquired a 2.0% gross production royalty on all minerals produced on Scottie Resources Corp.’s (‘Scottie’).
On July 15, 2024, Franco-Nevada acquired, through its wholly owned subsidiary, Franco-Nevada (Barbados) Corporation (FNBC), a gold stream (the ‘Cascabel Stream’) from SolGold with reference to production from the Cascabel project.
On August 13, 2024, Franco-Nevada indirectly acquired from Compañía de Minas Buenaventura S.A.A. (‘Buenaventura’).
On November 1, 2024, Franco-Nevada acquired an option from Brazil Potash Corp. (‘Brazil Potash’).
Candelaria Mining
The Candelaria Copper Mining Complex consists of two adjacent copper mining operations, Candelaria and Ojos del Salado, which produce copper concentrates from open pit and underground mines. Candelaria consists of an open pit and underground mine providing copper ore to an on-site flotation concentrator with a nominal processing capacity of 75,000 tpd. Ojos del Salado consists of two underground mines: Santos and Alcaparrosa. Operations at the Alcaparrosa mine were suspended following the appearance of a surficial sinkhole near the mine on July 30, 2022, and Alcaparrosa was removed from Candelaria’s LOM plans and Mineral Reserves. The Santos mine provides copper ore to the Pedro Aguirre Cerda (‘PAC’) processing plant with a capacity of 3,700 tpd. The remainder of the ore extracted from the Santos mine is treated at the Candelaria processing plant. The Candelaria Copper Mining Complex is indirectly owned by Lundin (80%) and Sumitomo Corporation (‘Sumitomo’) (20%).
The Candelaria Copper Mining Complex is in Chile’s Atacama Region. The Candelaria property within the Candelaria district consists of 237 mining exploitation concessions (approximately 6,499 ha) and 30 mining exploration concessions (approximately 6,880 ha).
Cobre Panamá Mining
The Cobre Panamá concessions are located 120 km west of Panamá City and 25 km from the Caribbean Sea coast, located in the Donoso and Omar Torrijos Herrera Districts of Colon Province in the Republic of Panamá. The Cobre Panamá property consists of four concessions covering a combined area of 12,955.1 ha.
History
Franco-Nevada Corporation was founded in 1986. The company was incorporated in 2007.