PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 12.May.2026, Words: 175) — Franco-Nevada received the equivalent of $40.7mn (net of the ongoing payment of 20% of spot price per ounce delivered) as a one-time delivery of gold ounces for the buy-back of 50% of the Cascabel stream, and $97.5mn in cash for the buy-back of 50% of the Cascabel NSR.
This stems from the Mar. 2026 acquisition of SolGold plc by Jiangxi Copper (Hong Kong) Investment Company Limited, for and on behalf of Jiangxi Copper Company Limited (JCC), SolGold and JCC exercising their option to buy back 50% of the Cascabel stream and NSR.
