FNV meaning in Business ?

Answer:

What is Franco-Nevada Corporation mean?

Franco-Nevada Corporation is a Toronto, Ontario, Canada-based, gold-focused royalty and streaming company with a diversified portfolio of cash-flow producing assets. It is traded on the Toronto Stock Exchange and New York Stock Exchange.

The Old Franco-Nevada was a publicly listed company on the Toronto Stock Exchange from 1983 to 2002. In 1986, Old Franco-Nevada made its first royalty acquisition, and acquired or created additional royalties and resource investments from 1986 to 2002. Following several royalty acquisitions in the 1980s and 1990s, Old Franco-Nevada sold its only mining property to Normandy Mining in exchange for 19.9% of the company's shares.

In 2002, Newmont acquired 100% of Franco-Nevada as part of a three-way combination of Newmont, Normandy and Old Franco-Nevada. Newmont maintained Franco-Nevada as a royalty holding division, transferring numerous other royalties to it over the five-year period following the acquisition, building its portfolio of royalties to include investments in almost 300 royalties (two-thirds in base and precious metal miners, and one-third in oil and natural gas) at the time.

In 2007 Newmont spun off Franco-Nevada in an initial public offering (IPO). Franco-Nevada has grown substantially since the IPO through the acquisition of existing royalties but also by acquiring precious metal streams directly from mine operators. The largest acquisitions have been by-product gold and silver streams from some of the world’s largest copper mines including Cobre Panama (Panama), Candelaria (Chile), Antapaccay (Peru) and the Antamina mine (Peru). Franco-Nevada has also continued to add to its oil and gas royalty interests, particularly in the major US oil and gas fracking basins.

reference

Full Form	Category
FiNova Group, Inc.	Business
Franco-Nevada Corporation	Business
Fashion No Victim	Community
Field Not Valid	Computer and Networking
Frame Not Valid	Computer and Networking
Fruits And Veggies	General
Fallout New Vegas	General
Federatie Nederlandse Vakbeweging	General
Fowler Noll Vo	General
Full Name Variant	General
Fruits N Veggies	General
Forged Needle Valve	General
For Non Violence	General
Fully Networked Vehicle	General