FNV inks a $1.05B deal for royalty in the Cote Gold Mine, securing immediate revenue and expansion potential in Ontario.
(in U.S. dollars unless otherwise noted) TORONTO , May 27, 2025 /PRNewswire/ - Franco-Nevada Corporation ("Franco-Nevada " or the "Company") (TSX: FNV) (NYSE: FNV) is pleased to announce that it has entered into an agreement to acquire an existing royalty package on the Côté Gold Mine in Ontario from a private third party for total cash consideration of $1,050 million (the "Transaction"). The royalty package consists of a 7.5%1 gross margin royalty (the "Royalty") on the Côté Gold Mine.
FNV's Q1 results reflect gains from higher GEOs sold and record gold prices.
![]() 3FO 9 Sep 2020 | Other | €0.26 Per Share |
![]() 3FO 10 Jun 2020 | Other | €0.26 Per Share |
![]() 3FO 11 Mar 2020 | Other | €0.25 Per Share |
![]() 3FO 4 Dec 2019 | Other | €0.25 Per Share |
![]() 3FO 11 Sep 2019 | Other | €0.25 Per Share |
4 Aug 2025 (62 Days) Date | | - Cons. EPS | - EPS |
28 Apr 2025 Date | | - Cons. EPS | - EPS |
3 Mar 2025 Date | | 0.89 Cons. EPS | 0.95 EPS |
6 Nov 2024 Date | | 0.86 Cons. EPS | 0.8 EPS |
13 Aug 2024 Date | | 0.82 Cons. EPS | 0.75 EPS |
![]() 3FO 9 Sep 2020 | Other | €0.26 Per Share |
![]() 3FO 10 Jun 2020 | Other | €0.26 Per Share |
![]() 3FO 11 Mar 2020 | Other | €0.25 Per Share |
![]() 3FO 4 Dec 2019 | Other | €0.25 Per Share |
![]() 3FO 11 Sep 2019 | Other | €0.25 Per Share |
4 Aug 2025 (62 Days) Date | | - Cons. EPS | - EPS |
28 Apr 2025 Date | | - Cons. EPS | - EPS |
3 Mar 2025 Date | | 0.89 Cons. EPS | 0.95 EPS |
6 Nov 2024 Date | | 0.86 Cons. EPS | 0.8 EPS |
13 Aug 2024 Date | | 0.82 Cons. EPS | 0.75 EPS |
Gold Industry | Basic Materials Sector | Mr. Paul Brink CEO | XMUN Exchange | CA3518581051 ISIN |
CA Country | 38 Employees | 13 Mar 2025 Last Dividend | - Last Split | - IPO Date |
Franco-Nevada Corporation is a distinguished player in the mining industry, uniquely positioned as a gold-focused royalty and streaming company. With a global footprint that extends across South America, Central America, Mexico, the United States, Canada, and other international territories, Franco-Nevada leverages its vast network and industry expertise to operate efficiently across two main segments: Mining and Energy. Founded in 1986 and with its headquarters nestled in Toronto, Canada, the company has built a reputation for managing a diversified portfolio with an emphasis on precious metals. Franco-Nevada's strategic operations and focus on value creation have made it a significant entity in the resource sector, contributing to its standing as a leading firm in gold royalty and streaming services.
Franco-Nevada Corporation specializes in acquiring and managing royalties and streams in gold, silver, and platinum group metals. This service allows the company to finance mining companies in need of capital. In return, Franco-Nevada receives a percentage of the future production or revenue generated from the mines. This model provides investors with exposure to the precious metals market without the risks associated with directly operating mines.
Expanding beyond precious metals, Franco-Nevada also engages in the energy sector by facilitating the sale of crude oil, natural gas, and natural gas liquids. The company achieves this through partnerships with third-party marketing agents. This diversification into energy complements its mining operations and leverages its expertise in royalty and streaming to create additional revenue streams.