TSX:FNV 86.27 -1.24 -1.42%
Volume 656,029
February 24, 2017
NYSE:FNV 65.89 -0.85 -1.27%
Volume 557,853
February 24, 2017
Gold 1,257.08 +7.54 +0.6%
Volume
February 24, 2017
Contact Share

Location: Côte D’Ivoire
Operator: Perseus Mining Limited
Royalty: NSR: 0.5%

In 2013, Franco-Nevada acquired a 0.5% NSR on certain tenements that comprise the Sissingué gold project located in Côte d’Ivoire operated by Perseus. Perseus released a revised feasibility study for the project in April 2015 estimating a mine life of just over 5 years with average annual production of 75,000 ounces of gold. Preparations for the development of Sissingué continue. A full scale development decision has been deferred in response to current gold prices and a desire to preserve balance sheet flexibility in a volatile capital market.