TSX:FNV 101.61 +0.49 +0.48%
Volume 421,412
February 19, 2019
NYSE:FNV 76.94 +0.52 +0.68%
Volume 841,314
February 19, 2019
Gold 1,343.48 +1.18 +0.09%
Volume
February 20, 2019
Contact Share

Location: Australia
Operator: Aphrodite Gold Limited
Royalty: GR: 2.5%

Aphrodite Gold project is located in Western Australia, 65 km northwest of Kalgoorlie. Franco-Nevada’s 2.5% gross royalty covers a 29 km2 area and all Mineral Resources. The royalty area was reduced from previous years following the termination of a joint venture agreement on surrounding areas in November 2014. A revised scoping study was completed in April 2016 which included a small oxide open pit, to complement the refractory underground ore in the original 2012 scoping study. Pre-feasibility study work, which had been halted during 2014 due to low gold prices, resumed in 2016. An advance minimum royalty of A$250,000 per annum applies from November 1, 2017 onward. Spitfire Materials Limited acquired the Aphrodite Gold project in January 2018, through the takeover of Aphrodite Gold Limited.