TSX:FNV 117.86 +1.10 +0.94%
Volume 739,207
July 19, 2019
NYSE:FNV 90.22 +0.64 +0.71%
Volume 728,243
July 19, 2019
Gold 1,425.47 -20.78 -1.44%
Volume
July 19, 2019
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Franco-Nevada

EaglePicher (De)

Location: Nevada, United States
Operator: EP Minerals, LLC
Royalty: Production Payment

EaglePicher is a diatomaceous earth operation in Pershing County, Nevada about 23 miles northwest of Lovelock. The royalty is based on a fixed payment per ton which fluctuates based on the average sales price from the prior year’s sales. The royalty covers approximately 15 km2 of checkerboard lands. The intervening lands are public and EaglePicher holds unpatented placer claims on those lands as needed for mining. The mine has been in continuous operation since the 1950s with approximately 65% of production coming from Franco-Nevada land. The revenue received from Eagle Picher in 2017 and 2018 was $50,000 and $161,000, respectively.