TSX:FNVMetals and Mining
How Investors Are Reacting To Franco-Nevada (TSX:FNV) Record Royalty Growth And Cobre Panama Restart Progress
In 2025, Franco-Nevada reported record growth as its asset-light royalty model benefited from higher gold prices and renewed government authorization at the previously constrained Cobre Panama mine, while adding new royalties in politically stable regions.
What stands out is how resolving the Cobre Panama issues and expanding into energy transition metals has further reinforced Franco-Nevada’s diversified, lower-operating-risk portfolio.
Next, we’ll examine how the Cobre Panama restart...