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: 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.