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Franco-Nevada Announces Election of Directors

Retrieved on:

Thursday, May 2, 2024

Franco-Nevada Corporation is the leading gold-focused royalty and streaming company with the largest and most diversified portfolio of cash-flow producing assets.

Key Points:

Franco-Nevada Corporation is the leading gold-focused royalty and streaming company with the largest and most diversified portfolio of cash-flow producing assets.
Its business model provides investors with gold price and exploration optionality while limiting exposure to cost inflation.
Franco-Nevada is debt-free and uses its free cash flow to expand its portfolio and pay dividends.
It trades under the symbol FNV on both the Toronto and New York stock exchanges.

Developments in Panama

Retrieved on:

Friday, December 1, 2023

Ministry, NYSE, Canada–Panama Free Trade Agreement, Annual report, Commerce, Government, First Quantum Minerals, FNV, Failure, TSX, News, Free trade, Franco-Nevada

TORONTO, Dec. 1, 2023 /PRNewswire/ - Franco-Nevada Corporation ("Franco-Nevada" or the "Company") (TSX: FNV) (NYSE: FNV) notes that its partner, First Quantum Minerals Ltd. ("First Quantum"), has provided a further update in respect of recent comments made by the President of Panama, Laurentino Cortizo, regarding a transition process for the closure of the Cobre Panama mine.

Key Points:

TORONTO, Dec. 1, 2023 /PRNewswire/ - Franco-Nevada Corporation ("Franco-Nevada" or the "Company") (TSX: FNV) (NYSE: FNV) notes that its partner, First Quantum Minerals Ltd. ("First Quantum"), has provided a further update in respect of recent comments made by the President of Panama, Laurentino Cortizo, regarding a transition process for the closure of the Cobre Panama mine.
For more detailed information, please refer to First Quantum's news release dated December 1, 2023.
Franco-Nevada also reports that, on November 23, 2023, the Company notified the Ministry of Commerce and Industry of Panama of its intent to initiate arbitration to enforce its rights under international law pursuant to the Canada-Panama Free Trade Agreement.
Similar to the notice filed by First Quantum on November 14, 2023, the Company's notice facilitates consultations between the Government of Panama and the Company under the Free Trade Agreement in order to avoid the need to file any such arbitration.

Cobre Panama Supreme Court Update

Retrieved on:

Tuesday, November 28, 2023

NYSE, Annual report, Supreme court, FNV, Communication, TSX, Franco-Nevada

TORONTO, Nov. 28, 2023 /PRNewswire/ - Franco-Nevada Corporation ("Franco-Nevada") (TSX: FNV) (NYSE: FNV) is aware that the Supreme Court of Panama announced this morning that Law 406, the law that approved the revised concession contract for the Cobre Panama mine, is unconstitutional.

Key Points:

TORONTO, Nov. 28, 2023 /PRNewswire/ - Franco-Nevada Corporation ("Franco-Nevada") (TSX: FNV) (NYSE: FNV) is aware that the Supreme Court of Panama announced this morning that Law 406, the law that approved the revised concession contract for the Cobre Panama mine, is unconstitutional.
Franco-Nevada is in communication with its partner First Quantum Minerals Ltd. and will provide further updates as they are available.
This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995, respectively, which may include, but are not limited to, statements with respect to the impact of the unconstitutionality ruling of the Supreme Court of Panama with respect to Law 406.
The outcome of these matters could have a material adverse impact on the revenue Franco-Nevada derives from its streaming arrangements relating to Cobre Panama and on Franco-Nevada's results of operations and financial condition.

Cobre Panama Additional Operations Update and Revised Franco-Nevada Guidance

Retrieved on:

Monday, November 20, 2023

NYSE, Platinum, Annual report, Risk, Gold, Supreme court, First Quantum Minerals, Palladium, GEO, Metal, Republic, MPSA, Silver, FNV, Total, TSX, Franco-Nevada

Given the recent curtailment of operations at Cobre Panama and the risk of further disruptions at the mine, Franco-Nevada is adjusting its guidance for 2023.

Key Points:

Given the recent curtailment of operations at Cobre Panama and the risk of further disruptions at the mine, Franco-Nevada is adjusting its guidance for 2023.
Franco-Nevada's original guidance was 490,000 to 530,000 Precious Metal GEOs and 640,000 to 700,000 Total GEOs.
Franco-Nevada is revising its guidance to 480,000 to 500,000 Precious Metal GEOs and 620,000 to 640,000 Total GEOs.
The outcome of these matters could have a material adverse impact on the revenue Franco-Nevada derives from its streaming arrangements relating to Cobre Panama and on Franco-Nevada's results of operations and financial condition.

Safety, Stability and Upside in Uncertain Times

Retrieved on:

Tuesday, October 10, 2023

NEW YORK, Oct. 10, 2023 /PRNewswire/ -- In volatile economic conditions, smart money seeks stability and moves to safe havens. Historically, one of the safest places and most stable spaces during economic uncertainty is gold, a highly liquid asset that preserves and even increases in value over time and carries no credit risk. The precious metal benefits from multiple levers of demand such as gold jewelry, tech/industrial use and a reserve asset as well as a strategic investment. History has shown that gold's variable demand pressures enhance a portfolio by improving diversification, providing liquidity and delivering long-term returns. Reacting to uncertainties, many gold mining companies, including GEMXX Corp. (OTCPK: GEMZ) (profile), have enjoyed significant growth during the recent volatility. Exploding past startup phase and achieving global growth in mere months, GEMXX is fast approaching a holy grail that differentiates GEMXX from all others in the gold space – a vertically integrated mining company – a unique mine-to-market enterprise that specializes in gold and gemstone mining as well as jewelry creation, production and global sales. GEMXX owns and controls every aspect of the process from gold mining and gemstone finishing to jewelry manufacturing and global distribution. Other larger mining companies may not have the unique vertical integration of GEMXX but are still seeing success in the precious metal sector including Agnico Eagle Mines Ltd. (NYSE: AEM), which recently reported record second-quarter numbers; Barrick Gold (NYSE: GOLD), which anticipates a second half of the year performance that surpasses its first; Newmont Mining (NYSE: NEM), which has received required approvals on a key acquisition announced earlier this year; and Franco-Nevada Corp. (NYSE: FNV), which has established a business model that provides investors with gold price and exploration optionality while limiting exposure to cost inflation.

Key Points:

NEW YORK, Oct. 10, 2023 /PRNewswire/ -- In volatile economic conditions, smart money seeks stability and moves to safe havens.
Reacting to uncertainties, many gold mining companies, including GEMXX Corp. (OTCPK: GEMZ) ( profile ), have enjoyed significant growth during the recent volatility.
GEMXX owns and controls every aspect of the process from gold mining and gemstone finishing to jewelry manufacturing and global distribution.
GEMXX stands out as a leading producer of high-quality finished ammolite jewelry and is the only publicly traded ammolite company in the world.

Safety, Stability and Upside in Uncertain Times

Retrieved on:

Tuesday, October 10, 2023

NEW YORK, Oct. 10, 2023 /PRNewswire/ -- In volatile economic conditions, smart money seeks stability and moves to safe havens. Historically, one of the safest places and most stable spaces during economic uncertainty is gold, a highly liquid asset that preserves and even increases in value over time and carries no credit risk. The precious metal benefits from multiple levers of demand such as gold jewelry, tech/industrial use and a reserve asset as well as a strategic investment. History has shown that gold's variable demand pressures enhance a portfolio by improving diversification, providing liquidity and delivering long-term returns. Reacting to uncertainties, many gold mining companies, including GEMXX Corp. (OTCPK: GEMZ) (profile), have enjoyed significant growth during the recent volatility. Exploding past startup phase and achieving global growth in mere months, GEMXX is fast approaching a holy grail that differentiates GEMXX from all others in the gold space – a vertically integrated mining company – a unique mine-to-market enterprise that specializes in gold and gemstone mining as well as jewelry creation, production and global sales. GEMXX owns and controls every aspect of the process from gold mining and gemstone finishing to jewelry manufacturing and global distribution. Other larger mining companies may not have the unique vertical integration of GEMXX but are still seeing success in the precious metal sector including Agnico Eagle Mines Ltd. (NYSE: AEM), which recently reported record second-quarter numbers; Barrick Gold (NYSE: GOLD), which anticipates a second half of the year performance that surpasses its first; Newmont Mining (NYSE: NEM), which has received required approvals on a key acquisition announced earlier this year; and Franco-Nevada Corp. (NYSE: FNV), which has established a business model that provides investors with gold price and exploration optionality while limiting exposure to cost inflation.

Key Points:

NEW YORK, Oct. 10, 2023 /PRNewswire/ -- In volatile economic conditions, smart money seeks stability and moves to safe havens.
Reacting to uncertainties, many gold mining companies, including GEMXX Corp. (OTCPK: GEMZ) ( profile ), have enjoyed significant growth during the recent volatility.
GEMXX owns and controls every aspect of the process from gold mining and gemstone finishing to jewelry manufacturing and global distribution.
GEMXX stands out as a leading producer of high-quality finished ammolite jewelry and is the only publicly traded ammolite company in the world.

Marathon Gold Announces 2023 First Quarter Results

Retrieved on:

Monday, May 15, 2023

Factors affecting financial results for the three months ended March 31, 2023:

Key Points:

Factors affecting financial results for the three months ended March 31, 2023:
General and administrative expenses decreased from $2.33 million in the three months ended March 31, 2022, to $1.76 million in the three months ended March 31, 2023.
Certain non-IFRS financial measures used in this news release and common to the gold mining industry are defined below.
AISC is reflective of all of the expenditures that are required to produce an ounce of gold from operations.
AISC per ounce is calculated as AISC divided by payable gold ounces.

Franco-Nevada Announces Election of Directors

Retrieved on:

Wednesday, May 3, 2023

Gold, Franco-Nevada, FNV, Bank, Security (finance)

Franco-Nevada Corporation is the leading gold-focused royalty and streaming company with the largest and most diversified portfolio of cash-flow producing assets.

Key Points:

Franco-Nevada Corporation is the leading gold-focused royalty and streaming company with the largest and most diversified portfolio of cash-flow producing assets.
Its business model provides investors with gold price and exploration optionality while limiting exposure to cost inflation.
Franco-Nevada is debt-free and uses its free cash flow to expand its portfolio and pay dividends.
It trades under the symbol FNV on both the Toronto and New York stock exchanges.

Franco-Nevada Launches 2023 ESG Report and Asset Handbook

Retrieved on:

Monday, April 17, 2023

TORONTO, April 17, 2023 /PRNewswire/ - Franco-Nevada Corporation ("Franco-Nevada" or the "Company") (TSX: FNV) (NYSE: FNV) is pleased to announce publication of its 2023 ESG Report and 2023 Asset Handbook.

Key Points:

TORONTO, April 17, 2023 /PRNewswire/ - Franco-Nevada Corporation ("Franco-Nevada" or the "Company") (TSX: FNV) (NYSE: FNV) is pleased to announce publication of its 2023 ESG Report and 2023 Asset Handbook.
"We are proud to report on our leading ESG approach, new programs and commitments and to provide a detailed review of our portfolio of assets," said Paul Brink, President & CEO.
Our 2023 ESG Report outlines our accomplishments in 2022 and our commitments to further our ESG leadership.
Its business model provides investors with gold price and exploration optionality while limiting exposure to cost inflation.

Marathon Gold Exercises Buy Back Option on Valentine Royalty

Retrieved on:

Wednesday, January 25, 2023

NSR, Franco-Nevada, FNV, TSX, Project, Exercise, MOZ, Lithium, Gold

TORONTO, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) reports that it has provided notice to Franco-Nevada Corporation (“FNV”) of its intention to exercise its option (the “Buy Back Option”) to acquire 0.5% of the 2.0% net smelter returns royalty (“NSR”) on the Valentine Gold Project (the “Project”) held by FNV.

Key Points:

TORONTO, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) reports that it has provided notice to Franco-Nevada Corporation (“FNV”) of its intention to exercise its option (the “Buy Back Option”) to acquire 0.5% of the 2.0% net smelter returns royalty (“NSR”) on the Valentine Gold Project (the “Project”) held by FNV.
The closing of the exercise of the Buy Back Option is scheduled for February 22, 2023 at which time the Company shall pay to FNV consideration of US$7 million, thereby reducing the NSR on the Project from 2.0% to 1.5%.