TSX:FNV 98.28 -1.73 -1.73%
Volume 428,243
December 11, 2017
NYSE:FNV 76.45 -1.42 -1.82%
Volume 798,355
December 11, 2017
Gold 1,243.04 -6.06 -0.49%
Volume
December 11, 2017
Contact Share

LOCATION: BRITISH COLUMBIA
OPERATOR: PRETIUM RESOURCES INC.
ROYALTY: NSR: 1.2%

In May 2013, Franco-Nevada purchased an existing 1.2% NSR royalty covering Pretium Resources Inc.’s (“Pretium”) Brucejack gold project in northwestern British Columbia. The project includes two principal deposits, the Valley of the Kings and the West Zone, both of which continue to offer exploration potential. The NSR becomes payable after approximately 500,000 ounces of gold have been produced.

Pretium provided a construction update at the beginning of 2017 and now expects commissioning of the project to be accelerated to the beginning of April 2017 versus mid-2017 previously. Pretium also announced an increase to the Mineral Reserve estimate in December 2016. The Mineral Reserve estimate increased from 7.5 million ounces (16.5 Mt @ 14.14 g/t) to 8.1 million ounces (15.6 Mt @ 16.1 g/t). The June 2014 feasibility study envisions a mine producing approximately 400,000 ounces of gold annually over an 18 year mine life.


2016 2015 2014
Total Revenue to FNV ($ million) $ – $ – $ –