With most major mining assets back up and running after COVID-related stoppages earlier this year, and amidst strong commodity prices, royalty company Franco-Nevada has reported record third-quarter financial results. These include new records in revenues recorded, at US$279.8 million, adjusted…
SolGold has started drilling at its Porvenir copper-gold project in southern Ecuador after receiving all scout drilling regulatory approvals. The project is located about 100 km north of the Peruvian border in Zamora Chinchipe province, and is situated within the Jurassic…
Ecuador-focused miner SolGold (TSX: SOLG; LSE: SOLG) said today that it had received $100 million from streaming company Franco-Nevada (TSX: FNV; NYSE: FNV), which it will use to progress its Alpala copper-gold project through to final feasibility and a development decision. The funding is…
Mining is a wealth-creation industry that produces the metals and minerals essential to every sector of our economy. For instance, in 2018, Canada produced over 60 minerals and metals from almost 200 mines and 6,500 sand, gravel, and stone quarries…
The Northern Miner presents the top-10, Canadian-headquartered royalty and streaming companies by market capitalization, as of mid-June 2020. 1. Franco-Nevada Market capitalization: US$26.4 billion Franco-Nevada (TSX: FNV; NYSE: FNV) continues to hold its position as the number one royalty and streaming…
This week features Pierre Lassonde’s final shareholder meeting as chair of Franco-Nevada, which took place on May 6, 2020. Lassonde discusses the founding of the company, the dramatic appreciation of the stock price since the IPO, and answers questions from shareholders.…
David Guerrero has been selected as the Argentine country manager for Alpha Lithium; Brad Nichol is now the company’s CEO and president. Darryl Jones has resigned as president and CEO but will remain on the company’s board. Karim Nasr is…
TORONTO – Royalty and streaming company Franco-Nevada just had its best year ever, reporting revenue of US$844.1 million on the sale of 516,438 gold-equivalent oz. Net income for the year was US$344.1 million or $1.83 per share. The final quarter…
DENVER, Colo. – The Mining and Metallurgical Society of America has chosen to award its 2019 gold medal to Pierre Lassonde, chairman of Toronto-based Franco-Nevada Mining. Lassonde is recognized for his leadership as a mining executive for a major mining…
Franco-Nevada (TSX: FNV; NYSE: FNV) and Continental Resources (NYSE: CLR) have struck a strategic relationship to jointly buy mineral rights in the Scoop and Stack oil & gas plays in Oklahoma. Franco-Nevada says it will contribute about US$220 million for the acquisition of…
New Gold of Toronto has named Raymond Threlkeld as its new president and CEO. He has been a member of the board since 2009 and was New Gold’s COO from December 2016 to September 2017. Threlkeld succeeds Hannes Portman who…
PANAMA – Toronto-based Franco-Nevada Corp. has agreed to acquire an additional precious metals stream from Korea Resources, holder of a 10% interest in the Cobre Panama copper-gold project in this country. Franco-Nevada will pay US$178 million for the additional ounces.…