Franco-Nevada buys A$170 million Bullabulling gold project royalty from Minerals 260
Reuters2026/09/14 00:39- Franco-Nevada agreed to buy a A$170 million gross royalty from Minerals 260 over the Bullabulling Gold Project in Western Australia.
- The deal adds a 1.45% gross royalty, lifting its effective interest to 3.9% over Bullabulling.
- The royalty steps down to 2.75% once 6 million ounces of gold are produced from royalty lands.
- The area of interest expands to 10 km from the prior boundary, extending coverage to about 650 km2.
- Closing payment is expected from cash on hand; the transaction was announced Sept. 13, 2026.
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