How does Franco-Nevada work?
Franco-Nevada exposes you to gold at low risk Instead, it enters into streaming agreements wherein it pays the mining companies up front so that they can get operations underway, and in return gets the rights to purchase a certain percentage of the precious metals those mines produce at a low fixed cost.
Who bought Detour gold?
Kirkland Lake Gold
Between 2014 and 2019 the mine produced between 500,000 and 600,000 ounces of gold each year….Detour Gold.
| Type | Public TSX:DGC OTCX:DRGDF |
|---|---|
| Defunct | January 7, 2020 |
| Fate | Acquired by Kirkland Lake Gold |
| Headquarters | Toronto, Ontario , Canada |
Who owns the Detour Lake Mine?
Like the first mine, it used a cyanidation and carbon in pulp processing facility. The new mine opened in 2013 and produced between 500,000 and 600,000 ounces each year through 2019 when it was acquired by Kirkland Lake Gold….Detour Lake Mine.
| Location | |
|---|---|
| Opened | 1983 |
| Owner | |
| Company | Kirkland Lake Gold |
| Website | Kirkland Lake Gold – Detour Gold |
How deep is the Macassa Mine?
The Amalgamated and ’04 Break are interpreted to merge near the -9000 foot elevation (depth from surface) in the #3 Shaft area. The gold mineralization at Macassa is found along breaks or faults, in veins as quartz filled fractures, as breccias and as sulphide (pyrite) zones….Address:
| Stage | Production |
|---|---|
| Mine Life | 2025 |
Does FNV pay a dividend?
The current TTM dividend payout for Franco-Nevada (FNV) as of April 13, 2022 is $1.28. The current dividend yield for Franco-Nevada as of April 13, 2022 is 0.78%. Franco-Nevada Corporation is a gold focused royalty and stream company with additional interests in platinum group metals and other resource assets.
What kind of company is Franco-Nevada?
gold-focused royalty and streaming company
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.
Where is Detour Gold located?
Ontario, Canada
The Detour Lake mine is a gold deposit located in Ontario, Canada, approximately 8km west of the Ontario-Québec border and 180km north-east of Cochrane.
Who bought Kirkland Lake gold?
Agnico Eagle Mines Limited
Agnico Eagle Mines Limited – AGNICO EAGLE AND KIRKLAND LAKE GOLD COMPLETE MERGER TRANSACTION.
Where is Detour gold located?
Where is the Macassa Mine?
Kirkland Lake, Ontario
The Macassa Mine, located in the Town of Kirkland Lake, Ontario remains one of the highest gold grade mines in the world.
How deep is the Kirkland Lake Mine?
The Toburn’s mine workings, though 750 m deep, were the shallowest of the big 7 mines in the Kirkland Lake area. The ores went progressively deeper to the west. The Macassa, the mine farthest west in the “Mile of Gold”, was 2500 m deep.
Is Franco-Nevada a royalty company?
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.
Where are most of the employees at Detour Gold from?
Most of the company’s employees are from the Cochrane and Timmins, Ontario area. Rating is calculated based on 27 reviews and is evolving. People have asked 5 questions about working at Detour Gold.
Are there any mines in Nevada that are looking for employees?
Nevada mines are always looking for talented, motivated employees who can help meet the country’s demand for minerals. Check the links below regularly for the newest job postings in the industry, or visit our careers page to learn more about jobs in the industry. GMS Corporation (Contact Josh Musgrove at [email protected] or 304-538-4560)
What is the mine life of the Detour Lake operation?
The Detour Lake operation has a mine life of approximately 22 years with an average gold production of 659,000 ounces per year. More… The Detour Lake operation has a mine life of approximately 22 years with an average gold production of 659,000 ounces per year. More…