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Franco-Nevada Mining doesn't waste much money digging for paydirt. Instead, it buys stakes in already operating precious metals and platinum mines as well as oil and gas assets so it can collect royalties without having to worry about capital obligations or environmental liabilities. Franco-Nevada focuses its holdings in gold properties, which are both in production and in development, primarily in North America and Australia. It also owns diamond royalties in Canada and platinum royalties in the US and South Africa. In total Franco-Nevada owns more than 300 royalty interests that span a range of commodities and stages of development. In 2011 the company acquired miner Gold Wheaton in a $1 billion deal.
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| | | Contact Information | |
Address: |
Exchange Tower, 130 King St. West, Suite 740
Toronto, Ontario M5X 1E4, Canada
| | Phone: | 416-306-6300 | | Fax: | 416-3066330 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2012): | 427.00 M | | Revenue Growth (1 yr): | 3.80% | | Employees (2012): | 24 | | Employee Growth (1 yr): | 0.00% |
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Key People
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Chairman:
Pierre Lassonde
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President, CEO, and Director:
David Harquail
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COO:
H. Geoff Waterman
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Industry Information
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