Mining finance glossaryGross marginIn French: marge brute Revenue minus cost of goods sold, divided by revenue. Where the course uses itLecture 3: The income statementLecture 8: Valuation by comparison: trading comps and precedent transactions In the newsFranco-Nevada buys a royalty on the Côté gold mine for $1.05bn 27 May 2025 Practise with flashcardsAll terms Previous: GreenfieldNext: Gross revenue royalty