Franco-Nevada Corp. has been advised by its partner First Quantum Minerals Ltd. of the following updates in respect of the Cobre Panama mine: On January 26, 2023, the Panama Maritime Authority issued a resolution requiring the suspension of the concentrate loading operations at the Cobre Panama Port, Punta Rincón, until certification of the [...]
Franco-Nevada Corp. is pleased to announce that its Board of Directors has raised its quarterly dividend and declared a quarterly dividend of US$0.34 per share payable on March 30, 2023 to shareholders of record on March 16, 2023 . The increased dividend will be effective for the full 2023 fiscal year. This is a 6.25% increase from the previous [...]
Franco-Nevada Corp. has been advised by its partner First Quantum Minerals Ltd. that engagement between First Quantum, Minera Panama, S.A. , the operator of Cobre Panama, and the Government of Panama continues regarding the long-term future of the Cobre Panama mine. First Quantum remains ready to reach an agreement that is fair and equitable to [...]
Franco-Nevada Corp. has been advised by its partner First Quantum Minerals Ltd. of the following updates in respect of the Cobre Panama mine: Formal discussions with the Government of Panama resumed on December 26. First Quantum's subsidiary, Minera Panama, S.A. , the operator of Cobre Panama, is in the process of responding to the Ministry of [...]
Franco-Nevada Corp. is aware of the Government of Panama's direction to various ministries to prepare for a suspension of operations at Cobre Panama. Franco-Nevada is in communication with its partner First Quantum Minerals Ltd. and will provide updates as they are available. For more information, please go to our website at www.franco-nevada.com [...]
On-Track to Meet Full Year Guidance "Our diversified portfolio performed well in the quarter with declines in precious metal prices partially offset by strong oil and gas prices", stated Paul Brink, CEO. "Cobre Panama's record production for the quarter is not fully reflected in our Q3 GEO sales due to timing of shipments. Franco-Nevada has record [...]
Franco-Nevada today announced it will report its third quarter 2022 results as follows: Third Quarter 2022 Results Release: November 7th before market open Conference Call and Webcast: November 7th 10:00 am ET Dial?in Numbers: Toll?Free: 1?888-390-0546 International: 416-764-8688 Webcast: www.franco?nevada.com Replay : Toll?Free: 1-888-390-0541 [...]
Portfolio Outperforms "We are proud to report record quarterly and half-year results on many financial metrics," stated Paul Brink, CEO. "The low-risk nature of our business is most pronounced in today's inflationary environment. Our top-line precious metal stream and royalty interests helped generate our highest margins since starting streaming [...]
Franco-Nevada Corp. is pleased to announce that its wholly-owned subsidiary, Franco-Nevada Corporation , has acquired a gold stream with reference to production from the Tocantinzinho project located in Pará State, Brazil for $250 million . Additionally, Franco-Nevada, through one of its wholly-owned subsidiaries, has agreed to provide [...]
Franco-Nevada today announced it will report its second quarter 2022 results as follows: Second Quarter 2022 Results Release: August 10th after market close Conference Call and Webcast: August 11th 10:00 am ET Dial-in Numbers: Toll-Free: 1-800-289-0720 International: 647-484-0258 Webcast: www.franco-nevada.com Replay : Toll-Free: 1-888-203-1112 [...]
Franco-Nevada announced that the nominees listed in the management proxy circular for the 2022 Annual and Special Meeting of Shareholders were elected as directors of the Corporation. Detailed results of the vote for the election of directors held at the Annual Meeting yesterday in person and by webcast are set out below. Nominee Votes For % For [...]
Hedge Against Inflation "I am pleased to announce another strong quarter demonstrating our high margin business", stated Paul Brink, President & CEO. "The portfolio benefited from strong precious metal, energy and iron ore prices. The Energy contribution was particularly strong, offset somewhat by lower precious metal deliveries. Total GEOs are on [...]