TSX:FNV 98.82 +1.64 +1.69%
Volume 729,065
December 13, 2017
NYSE:FNV 77.09 +1.55 +2.05%
Volume 1,120,711
December 13, 2017
Gold 1,254.94 -1.53 -0.12%
December 13, 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 entered into an earn-in agreement with Avanco Resources Limited (“Avanco”) by which Avanco may earn up to a 100% interest in the project. The last feasibility study was prepared 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.