Recent Updates — FNV
Franco-Nevada Corporation announced a A$200 million follow-on financing package with Minerals 260 Limited for the Bullabulling Gold Project. The deal includes acquiring an additional A$170 million gross royalty, raising Franco-Nevada's total interest to 3.90%, and subscribing for A$30 million of ordinary shares as a lead order in a future equity raise. This brings total support to A$420 million, following an earlier A$220 million investment in February 2026. The transaction is funded from cash on hand, with the company holding $1.0 billion in cash and $4.3 billion in available capital as of June 30, 2026. Bullabulling targets first gold production in H2 2028 with an expected mine life of 19 years. Franco-Nevada is a leading gold-focused royalty and streaming company.
Franco-Nevada reported Q2 2026 revenue of $580.9 million, a 57% increase year-over-year, driven by higher precious metal and oil prices and strong contributions from assets like Antapaccay and Côté Gold. The company sold 132,405 gold equivalent ounces (GEOs), up 18%, resulting in $482.5 million in operating cash flow and $529.7 million in Adjusted EBITDA. H1 2026 revenue reached a record $1,231.6 million. The company is tracking towards the upper half of its 2026 guidance range, supported by anticipated deliveries from Cobre Panamá stockpile processing and elevated energy prices. Additionally, Franco-Nevada declared a quarterly cash dividend of US$0.44 per share, payable on September 24, 2026, to shareholders of record on September 10, 2026. The company operates in the royalty and streaming sector within the mining industry.
Franco-Nevada Corporation announced it will release its second quarter 2026 financial results on August 11, 2026, after the market close. A conference call to discuss the results is scheduled for August 12, 2026, at 8:00 am ET. The company is a precious metals royalty and streaming company.
This filing is an administrative update regarding an amended and restated share compensation plan. Franco-Nevada Corporation is a precious metals streaming and royalty company.