Franco-Nevada will do at least $500-million in streaming and royalty deals in mining this year, and a lot more if base-metal producers proceed with several larger financing deals in the $500-million to $1-billion range.
That’s the view of the Toronto-based company’s chairman, David Harquail. In an interview, he said there are “a number” of large base-metal companies considering selling big precious-metal streams on their assets.
“They’re serious enough that they’ve gone through processes with investment bankers to solicit interest,” Harquail said. “Whether they get over the transom, or they pull the trigger, that’s at the discretion of the seller.”