The Story of Franco-Nevada

Franco-Nevada Corporation, based in Toronto, is a gold-focused royalty and streaming

Franco-Nevada Corporation, based in Toronto, is a gold-focused royalty and streaming company traded on the Toronto Stock Exchange and New York Stock Exchange. Originally listed from 1983 to 2002, it saw a transformative acquisition by Newmont in 2002, leading to subsequent growth and a 2007 spin-off. The company's history dates back to 1983 when it began as a gold exploration firm.

Led by Schulich and Lassonde, it strategically built its royalty portfolio, overcoming challenges and making key discoveries like the Ken Snyder Mine. A merger with Euro-Nevada in 1999 strengthened its position.

In 2002, Newmont acquired Franco-Nevada, maintaining it as a royalty division. The 2007 IPO marked a pivotal moment, raising CA$1.1 billion and establishing Franco-Nevada as a major player. Post-IPO, it expanded through strategic acquisitions, notably in gold and silver streams from global copper mines.

The company's resilience and strategic moves, including a successful IPO and key acquisitions, have solidified Franco-Nevada's standing as a leading player in the mining industry.