Franco-Nevada Corporation is a Toronto, Ontario, Canada-based, gold-focused royalty and streaming company with a diversified portfolio of cash-flow producing assets.

Franco-Nevada has grown substantially since the IPO through the acquisition of existing royalties but also by acquiring precious metal streams directly from mine operators.

Franco-Nevada initially began trading as a public gold exploration company in 1983 and was led by executives Seymour Schulich and Pierre Lassonde.

Despite the Castle Mountain mine being unsuccessful, losing money and eventually closing, Franco-Nevada collected triple its investment of $2.8 million.

Franco-Nevada concluded that the mine had a high enough silver credit to carry all operating costs, thereby creating an effective 100% gold royalty.

That September, Anglo Gold made a bid for Normandy at a valuation 60% greater than Franco-Nevada's acquisition cost.

[6][8][9] In August 2012, Franco-Nevada partnered with Inmet Mining to invest $1 billion in various metal streams from the Cobre Panama Copper Project.

[16] After a closure of the mine during two weeks, operations resumed and the terms and conditions of a refreshed concession contract between Minera Panamá S. A. and the Government of Panama have been announced on March 8, 2023.

[18] These protests led to a moratorium on metallic mining throughout the country, "for an indefinite term", through Bill 1110, excluding already granted concessions and approved with 59 votes in favor by the National Assembly (AN), on November 3, 2023.

To help fund the acquisition cost, Franco-Nevada paid $648 million to acquire a gold and silver stream on the Candelaria mine.

[23] In February 2016, Franco-Nevada (Barbados) acquired a gold and silver steam related to the Antapaccay mine in Peru from Glencore for $500 million.

[25] In August 2018, Franco-Nevada and Continental Resources entered into a strategic relationship to jointly acquire royalty rights in the SCOOP and STACK oil and gas plays of Oklahoma.

The venture was established to acquire royalty rights at the grass-roots level in areas primarily within acreage operated by Continental.

The mines associated with both investments produce high grade Iron ore products that allow steelmakers to reduce CO2 and other emissions from their operations.