TSX:FNV 86.37 -0.27 -0.31%
Volume 303,633
March 24, 2017
NYSE:FNV 64.58 -0.37 -0.57%
Volume 524,925
March 24, 2017
Gold 1,246.90 -2.40 -0.19%
Volume 3
March 23, 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.