Assets Overview
Franco-Nevada consists of approximately 185 royalty interests in precious and base metal properties and certain equity interests and over 100 royalty and/or working interests in oil and natural gas properties. Franco-Nevada includes interests in Barrick’s Goldstrike Complex and in the Stillwater Complex.
While the majority of the producing mineral royalties are related to gold producing operations, the portfolio also includes exposure to platinum group metals, base metals and industrial minerals. The mineral royalties include contracts on:
- 22 operating projects, with a mix of maturing operations, growing operations and long life operations
- 16 properties under development or advanced exploration, and
- approximately 148 contracts or options on exploration properties.
The Oil & Gas interests of Franco-Nevada are located primarily in the Western Canadian Sedimentary Basin with similar amounts of revenue generated from both conventional oil and natural gas properties. The major producing areas are Edson, Weyburn, Midale, Medicine Hat, and Tidewater. Franco-Nevada also has working interests in the Drake Point, Hecla, King Christian and Roche Point natural gas fields located on and offshore Melville Island in the Canadian Arctic, which in aggregate represent an effective working interest of approximately 9%. In addition, Franco-Nevada includes mineral rights to 100,000 gross acres of unproved land in Canada related to oil and natural gas rights.
Except where otherwise stated, information describing the assets is based solely on information publicly disclosed by the owners and operators of these properties and information/data available in the public domain as of March 10, 2008. The production data relates to the 2007 calendar year unless otherwise stated.
Information and further supporting detail on our assets is contained in our Annual Information Form available at http://www.sedar.com/. This information should be read with reference to the cautions regarding the use of forward looking statements and our access to property information contained in our Annual Information Form. As a royalty holder, we have limited, if any, access to technical information on properties on which we hold interests. We rely principally on publically available information provided by the operating companies. All figures presented in this website on reserves and resources are based solely on information publicly disclosed by the owners and operators of these properties as of March 10, 2008 or as otherwise noted and none of this information has been verified by Franco-Nevada. Production figures are for the year ended December 31, 2007 unless otherwise noted. Franco-Nevada's royalties often cover less than 100% and sometimes only a portion of the publicly reported reserves, resources and production of a property. For presentation purposes on this website, we have simplified our reference to Platinum Group Metals or PGMs to simply "Platinum" and out reference to Base Metals and Minerals to simply "Base Metals". The use of "Advanced" covers both Development and Advanced Exploration properties.