10:53 AM EDT, 10/09/2025 (MT Newswires) -- Franco-Nevada ( FNV ) , a Canadian company that invests in gold mines in exchange for their royalties or a portion of their output, plans to expand its business in Australia, CEO Paul Brink said on Thursday, Reuters is reporting.

Brink said Franco-Nevada ( FNV ) has recently made two hires in the resource-rich state of Western Australia and would like to find some junior goldmine developers to back. "The reason that we are hiring is our plan is to focus more on Australia," he told a mining event in Melbourne.

Australia is one of the world's largest producers of gold.

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