TSX:FNV 86.27 +0.00 +0%
Volume 656,000
February 24, 2017
NYSE:FNV 65.89 +0.00 +0%
Volume 557,900
February 24, 2017
Gold 1,254.79 -2.29 -0.18%
February 27, 2017
Contact Share

Location: Brazil
Operator: Jaguar Mining Inc.
Royalty: NSR: 0-1%

Franco-Nevada holds a sliding scale NSR royalty (1% at greater than $400 per ounce gold) on Jaguar Mining Inc.’s (“Jaguar”) Gurupi project located in the State of Maranhão in northern Brazil. Jaguar reported the results of a feasibility study for Gurupi in January 2011 which anticipated an open-pit mine that would produce approximately 149,000 ounces of gold annually for a period of 13 years. Jaguar has stated that its focus will be on its current operations and generating free cash flow before Gurupi is advanced further.