TSX:FNV 117.86 +1.10 +0.94%
Volume 739,207
July 19, 2019
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Volume 724,583
July 19, 2019
Gold 1,425.86 -20.33 -1.41%
Volume
July 19, 2019
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Franco-Nevada

Osborne (Cu, Au)

Location: Australia, Rest of World
Operator: Shanxi Donghui Coal Coking & Chemicals Group Co., Ltd.
Royalty: NSR: 2% (capped at A$15M)

Effective July 1, 2013, Franco-Nevada acquired a 2% NSR royalty on the Osborne Copper-Gold project which is now operated by Shanxi Donghui Coal Coking & Chemicals Group Co., Ltd. (“Shanxi”), a private company incorporated in China. Royalty payments are capped at A$15 million with A$1.6 million in royalty payments paid prior to acquisition. The A$15 million cap was reached in December 2018.