Franco-Nevada Launches 2021 ESG Report and Asset Handbook

 
 

  (in U.S. dollars unless otherwise noted)  

 

Franco-Nevada Corporation is pleased to announce publication of its 2021 Environmental, Social and Governance ("ESG") Report and 2021 Asset Handbook.  "We are proud to report on Franco-Nevada's sector leading ESG performance and our new programs and commitments that we believe will continue this leadership," said Paul Brink President and CEO.  "We strive to increase the quality of our Asset Handbook each year knowing it is a helpful resource for analysts and investors on our diverse asset base."

 

  ESG Report  

 

Our annual ESG Report outlines our accomplishments in 2020 and our commitments to continue improving our ESG performance. Highlights of the report include:

 

Rankings:

 
  • Ranked #1 by Sustainalytics of 84 precious metals companies and "AA" by MSCI
  •  
  • High rankings by ISS ESG (Prime) and by The Globe and Mail Board Games
  •  

Diversity and Inclusion:

 
  • Achieving our goal of 30% women directors in 2021
  •  
  • Adopted new goal of 40% diverse representation at the Board and top leadership levels
  •  
  • Signatory to the BlackNorth pledge and sponsor of The Prosperity Project
  •  
  • Initiated diversity scholarships
  •  

Responsible Mining:

 
  • Enhanced ESG due diligence in reviewing potential investments
  •  
  • Committed to and encouraging operator adoption of WGC Responsible Gold Mining Principles
  •  
  • UN Global Compact participant
  •  

Community Initiatives:

 
  • Increased commitments to community programs
  •  
  • COVID-19 support for mining industry bodies and our own local communities
  •  

Climate Change:

 
  • Achieved carbon neutral operations in 2020
  •  
  • Diverse portfolio and business model provide climate change resilience
  •  
  • Increased focus on climate impact and risk in ESG due diligence
  •  
  • Seeking to assist our operators to reduce their climate impact
  •  

Transparency:

 
  • First year of disclosure aligned with the TCFD and SASB frameworks
  •  
  • ESG Report now includes operators' publicly reported carbon emissions data
  •  

  Asset Handbook  

 

Franco- Nevada is the leading gold-focused royalty and streaming company with the largest and most diversified portfolio of royalties and streams by commodity, operator, geography, revenue type and stage of project. The 2021 Asset Handbook provides an overview of the portfolio including past performance, descriptions of the more significant assets, outlooks for individual assets supporting our guidance and details of the underlying Reserves and Resources associated with the more significant assets.

 

Performance:

 
  • Since our 2007 IPO, absolute return of over 860% and a compounded annual growth rate approaching 20%
  •  
  • 2020 Revenue exceeded $1 billion for the first time
  •  
  • Company generated > $800 million in annual operating cash flow
  •  
  • Quarterly dividend increased 15.4% to $0.30 /share
  •  
  • Fourteen consecutive years of dividend increases with approximately $1.5 billion paid
  •  

Reserves and Resources:

 
  • 9% increase to 11.0 million Royalty Ounces based on P&P Reserves
  •  
  • 10% increase to 16.2 million Royalty Ounces based on M&I Resources
  •  

Portfolio:

 
  • 401 assets of which 99 are revenue generating
  •  
  • Cobre Panama became a cornerstone revenue source in 2020
  •  
  • Diverse portfolio with no one asset or operator exceeding 13% of revenues
  •  
  • 91% of revenue in 2020 from gold and gold equivalents (70% gold, 11% silver, 8% PGMs, 2% other mining)
  •  

Outlook:

 
  • Near term growth driven by Cobre Panama expansion, other mine expansions and new acquisitions
  •  
  • Longer term growth is supplemented by robust organic portfolio growth including in exploration successes, further mine expansions and new mine developments
  •  
  • Diverse portfolio supporting strong growth outlook reflected in 2021 and five year guidance
  •  
  • Good pipeline for further investments
  •  

Franco- Nevada management will discuss the key items in the above reports during the Virtual Analyst Day webcast scheduled today between 10:00 am ET to 12:00 pm ET .

 
 
              
 

  Virtual Analyst Day Webcast:  

 
 

  April 19 th at 10:00 am ET to 12:00 pm ET  

 
 
 
 

  Dial–in Numbers:  

 
 

  North American Toll Free: 1–888–390–0546
  Local and International: 416–764–8688  

 
 
 
 

  Webcast URL:  

 
 

   www.franco–nevada.com   

 
 
 
 

  Replay (available until April 26 th ):  

 
 

  North American Toll Free: 1–888–390–0541
  Local and International: 416–764–8677
  Pass code: 475883 #  

 
 
 

  Corporate Summary  

 

Franco-Nevada Corporation is the leading gold-focused royalty and streaming company with the largest and most diversified portfolio of cash-flow producing assets.  Its business model provides investors with gold price and exploration optionality while limiting exposure to cost inflation.  Franco-Nevada uses its free cash flow to expand its portfolio and pay dividends.  It trades under the symbol FNV on both the Toronto and New York stock exchanges.  Franco-Nevada is the gold investment that works.

 

 Cision View original content: https://www.prnewswire.com/news-releases/franco-nevada-launches-2021-esg-report-and-asset-handbook-301270866.html  

 

SOURCE Franco-Nevada Corporation

 
 

News Provided by PR Newswire via QuoteMedia

The Conversation (0)
Gold bars with text: "5 Top Canadian Mining Stocks This Week."

Top 5 Canadian Mining Stocks This Week: Avanti Gold Gains 158 Percent on Misisi Settlement

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector.

Statistics Canada released its June Labour Force Survey on Friday (July 11). The data indicated that 83,000 new jobs were added to the workforce, led by 34,000 new employees in the wholesale and retail trade category and a 17,000 worker rise in the healthcare and social assistance category.

In other positive news for the Canadian job market, the overall employment rate rose by 0.1 percent to 60.9 percent, while the unemployment rate declined by 0.1 percent to 6.9 percent.

Keep reading...Show less
Gold bar on nuggets with "5 Top Australian Mining Stocks" text overlay.

Top 5 Australian Mining Stocks This Week: Yandal Shares Double on Arrakis Drilling Results

Welcome to the Investing News Network's weekly round-up of Australia’s top-performing mining stocks on the ASX, starting with news in Australia's resource sector.

This week's top-performing stocks list is dominated by oil and gas companies, alongside gold and lithium companies.

In Australian mining news, the Fair Work Commission ruled that BHP (ASX:BHP,NYSE:BHP,LSE:BHP) must raise the wages of 2,200 workers at three coal mines in Queensland. The workers in question were employed indirectly through a hiring firm and were being paid significantly less than their peers working directly under BHP.

The case was brought by two worker's unions and based on the Same Job, Same Pay reforms made by the government last year. To align wages, the FWC ruled BHP must raise the labour hire employees' wages by AU$30,000 each.

Keep reading...Show less
Pilbara region, Western Australia, Australia.

Pilbara 2.0: Inside Australia’s Newest Gold Frontier

The Central Pilbara region of Western Australia is undergoing a quiet revolution that is rapidly reshaping the global gold exploration landscape.

Once dismissed as a technically challenging and geologically inconsistent terrain, Pilbara is now emerging as one of the world’s most exciting new gold frontiers and drawing serious attention from institutional investors, driven by transformative discoveries, a maturing geological model and a wave of junior explorers tapping into underexplored intrusive-hosted systems.

Anchored by the multimillion-ounce Hemi discovery — one of the most significant gold finds in Australia in over a decade — this region is not just proving its geological potential, but also demonstrating the kind of scale, consistency and margin profile that modern gold investors seek. As the discovery window remains wide open and valuations are still accessible, the Central Pilbara presents a rare opportunity for early exposure to what may become one of Australia’s next tier-one gold districts.

Keep reading...Show less
A mining truck within the outline of Australia's map on a clear day.

Is Australia on the Brink of a New Mining Super Cycle?

Mining remains as a cornerstone of Australia’s GDP and export earnings, but current global challenges such as trade disputes and price changes may be straining its foundations.

A recent FocusEconomics report tackled Australia’s resource wealth, tracing from the gold rushes of the 1850s to the iron ore and coal booms of the 21st century.

Keep reading...Show less
Kobo Resources Confirms Additional High-Grade Gold Mineralization at Kossou with 15.5 m at 2.3 g/t Au, incl. 8.3 m at 3.43 g/t Au; Outlines Next Phase of Exploration at Kossou

Kobo Resources Confirms Additional High-Grade Gold Mineralization at Kossou with 15.5 m at 2.3 g/t Au, incl. 8.3 m at 3.43 g/t Au; Outlines Next Phase of Exploration at Kossou

 
  •   High-grade gold intercepts highlighted by 15.5 m at 2.30 g/t Au, incl. 8.3 m at 3.43 g/t Au at the Road Cut Zone  
  •  
  •   Initial drilling on the gap between Jagger and Road Cut Zone confirms target structure, warrants further testing  
  •  
  •   Current drill phase complete; Geological modelling and planning underway for 15,000 m drill program expected to begin in H2 2025  
  •  

 

 Kobo Resources Inc. (" Kobo" or the " Company ") ( TSX.V: KRI ) is pleased to report additional diamond drill results from the Road Cut Zone at its 100%-owned Kossou Gold Project (" Kossou ") in Côte d'Ivoire. Results from these holes continue to strengthen the Company's understanding of the key structural controls that define this prospective target area.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×