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Father of gold royalty model: Lassonde

BNN staff
2:23 PM, E.T. | January 31, 2013
Energy & Resources
Tags: Franco-Nevada
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Pierre Lassonde, Chair, Franco-Nevada

Pierre Lassonde, chairman of Franco-Nevada (FNV-T), tells BNN how the company will continue to grow even as more miners enter the gold royalty market. Lassonde, who created the gold royalty model -- which provides an instant cash injection in exchange for a set percentage of future profits based on the mine's production -- has plans to make two to three deals per quarter this year and next.

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