Franco-Nevada (TSE:FNV) has released an update.
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Franco-Nevada reported lower year-over-year results for Q2 2024, citing decreased contributions from certain mines and new tax expenses due to the Global Minimum Tax initiative. Despite the setbacks, the company experienced higher revenues from record gold prices and expects improved performance with recent mine start-ups and acquisitions. Franco-Nevada maintains a strong financial position with no debt and a diverse, growth-oriented portfolio.
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