A Toronto-based company that pioneered the gold royalty business: rather than digging for gold itself, Franco-Nevada buys the right to a share of revenue from other miners' production, funding mine construction in exchange. Founded in 1983 by two money managers, Pierre Lassonde and Seymour Schulich, its name blends Lassonde's French-Canadian roots ("Franco") with the Nevada mine that made its name. The company's first big royalty was a tiny stake in a small Nevada heap-leach mine that turned out to be the massive Goldstrike deposit.
Franco-Nevada reports Q2 2026 results with revenue from streams, royalties, and other sources.
Franco-Nevada Corporation filed its Form 6-K for the quarter ended June 30, 2026, reporting financial results for Q2 and H1 2026.
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Revenue is segmented by type: streams, revenue-based royalties, profit-based royalties, interest revenue, and other, with geographic breakdowns including the US, Canada, Latin America, and rest of world.
The company made several royalty acquisitions during the period, including a royalty on the Comet Vale gold mine in Australia (July 15, 2026), a Bullabulling royalty from Minerals 260 Limited (March 26, 2026), and a royalty from i80 Gold (March 16, 2026).
Franco-Nevada acquired a portfolio of royalties and contingent payment assets from PricewaterhouseCoopers Inc. on April 16, 2026, including the Aurmac property of Banyan Gold Corporation in Yukon.
The company has an unsecured revolving term credit facility and a separate unsecured revolving credit facility for Franco-Nevada International Corporation, with interest rates tied to SOFR.
Financial assets at fair value through other comprehensive income include equity investments in G Mining Ventures Corp, Minerals 260 Limited, Labrador Iron Ore Royalty Corporation, and Discovery Mining Ltd.
Franco-Nevada files amended and restated share compensation plan on Form 6-K
The plan limits the aggregate number of common shares issuable to 9,700,876, subject to adjustments.
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Franco-Nevada Corporation filed a Form 6-K with the SEC on July 10, 2026, incorporating the amended and restated share compensation plan by reference into its Form S-8 registration statement.
The plan includes provisions for restricted share units (RSUs) and options, with eligibility for officers, employees, consultants, and non-employee directors (for options only).
The plan sets insider participation limits, including a 5% cap on shares issuable to insiders and a 1% cap on options to non-employee directors, with annual director grant value capped at $100,000.
The plan was signed by Lloyd Hong, Chief Legal Officer & Corporate Secretary, on July 10, 2026.
Franco-Nevada shareholders elect all nine director nominees at 2026 annual meeting
At the May 12, 2026 annual and special meeting, shareholders elected all nine director nominees, with support ranging from 95.91% (Derek W. Evans) to 99.79% (Paul Brink).
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Total shares voted were 157,212,921, representing 81.54% of outstanding shares.
PricewaterhouseCoopers LLP was reappointed as auditor with 98.32% votes for.
The say-on-pay advisory resolution on executive compensation passed with 91.33% votes for.
The meeting was held in person and by webcast; results were reported on May 13, 2026.
Franco-Nevada reports record Q1 2026 results with revenue up 77% to $650.7M
Q1 2026 revenue was $650.7 million, a 77% increase from Q1 2025, driven by higher gold and silver prices and contributions from new assets.
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Net income was $468.6 million ($2.43/share), up 123% from Q1 2025, and Adjusted EBITDA was $591.9 million ($3.07/share), up 84%.
Tom Albanese was appointed independent non-executive Chair following the AGM, succeeding David Harquail who became Chair Emeritus.
Franco-Nevada completed several acquisitions in Q1 2026, including a $250 million NSR from i-80 Gold, a $100 million gold stream on Casa Berardi, and a $120 million royalty on Bullabulling, plus a $40 million royalty portfolio from Victoria Gold.
Cobre Panamá received approval to process stockpiled ore, with expected stream deliveries of approximately 23,100 gold ounces and 265,000 silver ounces, mostly in 2027.