Franco-Nevada buys 1% royalty on AngloGold’s Arthur project
Gold-focused royalty and streaming company Franco-Nevada has acquired a 1% net smelter return (NSR) royalty on AngloGold Ashanti’s Arthur project near Beatty, in Nevada, for $250 million in cash, with a potential $25 million top-up.The royalty, purchased from Altius Minerals, covers a...