Core assets returned to normal operations Our diversified portfolio continues to generate strong cash flows and high margins. The first quarter was impacted by production disruptions at Cobre Panama and Antapaccay as well as lower energy prices. Stronger precious metal deliveries are anticipated in Q2 with both assets having returned to normal operations. "Cobre Panama's CP 100 Expansion is on-track for year-end and we [...]
Franco-Nevada Corp. 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. ESG Report Our 2023 ESG Report outlines our accomplishments in 2022 and our commitments to further our ESG leadership. Highlights of the report [...]
Franco-Nevada today announced it will report its first quarter 2023 results as follows: First Quarter 2023 Results Release: May 2nd after market close Conference Call and Webcast: May 3rd 10:00 am ET Dial-in Numbers: Toll-Free: 1-888-390-0546 International: 416-764-8688 Conference Call URL : https://bit.ly/3XZq6FB Webcast: www.franco-nevada.com Replay : Toll-Free: 1-888-390-0541 International: 416-764-8677 Passcode [...]
Franco-Nevada Corp. announced that its Annual Information Form, Consolidated Annual Financial Statements and Management's Discussion and Analysis for the year ended December 31, 2022 have been filed with Canadian securities regulatory authorities. Franco-Nevada has also filed its Form 40-F for the year ended December 31, 2022 with the U.S. Securities and Exchange Commission. Copies of these documents may be obtained via [...]
Diversified Portfolio Outperformed "Franco-Nevada is reporting strong fourth quarter and annual results for 2022. Our Diversified assets outperformed due to elevated energy prices in the year, stated Paul Brink, CEO. We are pleased that First Quantum and the Government of Panama have agreed on terms for a refreshed concession contract and look forward to Cobre Panama achieving its expanded throughput capacity later this [...]
Franco-Nevada Corp. has been advised by its partner First Quantum Minerals Ltd. of the following: First Quantum's subsidiary, Minera Panama, S.A. , has agreed and finalized the draft of a concession contract with the Government of Panama for the Cobre Panama mine. The Proposed Concession Contract will have an initial 20-year term, with a 20-year extension option and additional extensions for the life of mine The Proposed [...]
Franco-Nevada Corp. has been advised by its partner First Quantum Minerals Ltd. that First Quantum's subsidiary, Minera Panama, S.A. , has suspended ore processing operations at the Cobre Panama mine. As previously announced, the Panama Maritime Authority issued a resolution on January 26, 2023 requiring the suspension of concentrate loading operations at the Cobre Panama Port, Punta Rincón, until certification of the [...]
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 calibration of the scales by an accredited company had been initiated. First [...]
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 US$0.32 per share quarterly dividend and marks the 16th consecutive annual [...]
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 both First Quantum and the Government. As previously announced by First [...]
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 Commerce and Industries direction to MPSA to prepare a plan to put Cobre [...]
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. Forward-Looking Statements This press release contains "forward-looking [...]