Franco-Nevada Corporation (FNV) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Santo Nevada Corporation's third quarter 2025 results conference call. This call is being recorded on November 4, 2025. At this time, all lines are in lesson-only mode. Following the presentation, we will conduct a Q&A session where you may ask a question through the phone line. If you require immediate assistance during this call, please press star zero at any time for the operator. I would like to turn the conference over to your host, Tanita Hayden, Senior Analyst, Investor Relations. Thank you. Please go ahead. Thank you, Ina. Good morning, everyone. Thank you for joining us today to discuss Franco Nevada's third quarter 2025 results. Accompanying this call is a presentation, which is available on our website at franco-nevada.com, where you will also find our full financial results. During our call this morning, Paul Brink, President and CEO of Franklin Nevada, will provide introductory remarks, followed by Sandy Brana, Chief Financial Officer, who will provide a brief review of our results. This will be followed by a Q&A period. Our full executive team is available to answer any questions. We would like to remind participants that some of today's commentary may contain forward-looking information And we refer you to our detailed cautionary note on slide two of this presentation. I will now turn over the call to Paul Brink, President and CEO of Franco Nevada. Thank you, Candida, and good day to all. For the third time this year, we're announcing record quarterly results. The new benchmark set this quarter was driven by high gold prices, strong operations, new acquisitions, and the sale of Cobre Panama stockpiles. Over the last 18 months, we've made six acquisitions of meaningful new gold interests. Yanacocha, Cascavel, Sabanier's Weste...