TSX- and NYSE-listed Franco-Nevada has revised its full-year guidance to reflect the issues experienced at First Quantum’s copper and gold mine, in Panama.
Given the curtailment of operations at the Cobre Panama mine, owing to ongoing protests in that country, Franco-Nevada lowered its guidance to between 480 000 and 500 000 precious metals gold-equivalent ounces (GEOs) and between 620 000 and 640 000 total GEOs.
The royalty firm’s original guidance was 490 000 to 530 000 precious metal GEOs and 640 000 to 700 000 total GEOs.
