Franco-Nevada Corporation (TSX: FNV) is an investment company that owns diversified portfolio of royalties and streams in precious metals and other commodities. It does operate mining sites or conduct development and exploration projects. The company was originally founded as ‘Franco-Nevada Mining Corporation Limited’ founded in the 1980s. In 2002, Newmont Mining purchased it. It then sold a portfolio of royalty assets in 2007 following which the new ‘Franco-Nevada Corporation was formed.