Franco-Nevada Corporation (FNV) announced that it inked a deal to acquire an existing royalty package on the Côté Gold Mine in Ontario from a private third party for $1.05 billion in cash. This move will boost FNV’s portfolio and add immediate gold revenues from a major new gold mine.Details of FNV’s Côté Gold Mine Royalty AcquisitionThe Côté Gold Mine is a joint venture between IAMGOLD Corporation (IAG) and Sumitomo Metal Mining Co. Ltd., a subsidiary of Sumitomo (SSUMY) . IAG owns 70% of the venture and S ...