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.