தென்கிழக்கு அமைப்பு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from தென்கிழக்கு அமைப்பு. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In தென்கிழக்கு அமைப்பு Today - Breaking & Trending Today

BlackRock World Mining Trust Plc - Half-year Report

BlackRock World Mining Trust Plc - Half-year Report
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

United States , France General , United Kingdom , Pedra Branca , South Africa , United Kingdom General , New South Wales , City Of , Rio Tinto , Minas Gerais , Gold Fields , The Vale , Estado Do Rio , Kirkland Lake , Sociedad Minera Cerro Verde , David Cheyne , Russell Edey , Jane Lewis , Judith Mosely , Sibanye Stillwater , Emma Phillips , Ollie Oliveira , Simon White , Robert Friedland , Srinivasan Venkatakrishnan Venkat , Ed Hooper ,

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 reserve weighted mine lives of 30 years and potential for multiple additional decades through reserve growth. The Royalty covers a total of 15.6 thousand square kilometers of mineral properties held by Vale in Brazil, also offering exposure to a number of development properties. The Royalty currently generates an annualized pre-tax cash yield of 10% based on acquisition cost and the most recent ....

New York , United States , Minas Gerais , Carol Lake , Rio Tinto , Serra Sul , Serra Norte , Iron Ore Company Of Canada , Investment In Labrador Iron Ore Royalty Corporation , Canada Revenue Agency , Labrador Iron Ore Royalty Corporation , Nevada Corporation , Supreme Court , Brazilian Development Bank , Designated News , Participating Debentures , Royalty Debentures , Southeastern Iron Ore Systems , Royalty Debenture , Iron Ore Company , Vale Royalty , Paul Brink , Vale Royalty Debenture , Northern System , Serra Leste , Southeastern System ,