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Franco-Nevada Adds Iron Ore Royalty Exposure - Vimarsana News

Franco-Nevada Adds Iron Ore Royalty Exposure

(in U.S. dollars unless otherwise noted) TORONTO, April 19, 2021 /PRNewswire/ - Franco-Nevada has acquired 14.7% of Vale's outstanding Participating Debentures ("Royalty Debentures") from the Brazilian Development Bank ("BNDES") and the Government of Brazil for $538M. The Royalty Debentures provide holders with life of mine net sales royalties on Vale's Northern and Southeastern Iron Ore Systems and on certain copper and gold operations (together, the "Royalty"). This transaction provides royalty exposure to some of the world's largest and most profitable integrated iron ore mines with reserv...

BlackRock World Mining Trust Plc - Final Results - Vimarsana News

BlackRock World Mining Trust Plc - Final Results

BlackRock World Mining Trust Plc - Final Results PR Newswire Annual Results Announcement (Article 4 Transparency Directive, DTR 4.1) for the year ended 31 December 2020 Performance record 536.34 522.00 2,3 3 3 ======== 1 The change in net assets reflects market movements, dividends paid and the buyback of ordinary shares into treasury during the year. 2 This is the difference between the share price and NAV per share with debt at par. Further details of the calculation of the discount are given in the Glossary in the Annual Report and Financial Statements. 3 Alternative Performan...