Franco-Nevada Corporation, incorporated on January 1, 2008, is a gold-focused royalty and stream company. The Company has a diversified portfolio of assets and interests in gold development and exploration projects in the world. The Company also has interests in platinum group metals, oil and gas and other resource assets. The majority of revenues are generated from a diversified portfolio of properties in the United States, Canada, Mexico and South Africa. The portfolio includes over 370 assets covering properties at various stages from production to early stage exploration. As of March 10, 2014, The Company has interests in 153 exploration stage mineral properties. The Company and its subsidiaries' assets are mostly mineral and oil and gas royalties or streams but also include some working and equity interests, undeveloped properties, options to acquire royalties and streams and other assets. A majority of the mineral royalties and streams are characterized as being gold and the majority of revenues are from gold assets including the Goldstrike complex in Nevada, United States operated by Barrick and the Palmarejo gold and silver mine in Chihuahua, Mexico operated by Coeur. The oil and gas assets are located primarily in the Western Canadian sedimentary basin with a larger amount of revenue generated from conventional oil than from natural gas properties.