Franco surprises on the upside

Major royalties firm Franco-Nevada (CN:FNV) has trumped consensus expectations for its third quarter results and added a petroleum deal valued at US$100 million to its books in the process.

Cobre Panama is being developed by First Quantum, partly with cash from a Franco-Nevada stream

08 November 2016
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Gold equivalent production set a quarterly record at 123,000 ounces as recently acquired streams began to contribute and the Antamina operation in Peru grew stronger.

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