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Franco-Nevada invests A$220M in Australia’s Bullabulling Gold Project, boosting its stake to 2.45% and accelerating development toward gold production by late 2028.
Franco-Nevada has committed A$220 million to Minerals 260 for Australia’s Bullabulling Gold Project, including a A$170 million royalty acquisition boosting its stake to 2.45% and a A$50 million equity investment.
The funding will accelerate development toward a mid-2026 pre-feasibility study, with a final investment decision expected in early 2027 and first gold production possible by late 2028.
The project holds 3.0 million ounces in Indicated Resources and 1.5 million ounces in Inferred Resources, with potential for phased expansion.
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Franco-Nevada invierte A$220M en el Proyecto de Oro Bullabulling de Australia, aumentando su participación al 2.45% y acelerando el desarrollo hacia la producción de oro a finales de 2028.