Triple Flag Precious Metals

It was great to be part of the Denver Gold Group 36th Annual Gold Forum Americas this week.   Our CFO and incoming CEO, Sheldon Vanderkooy, shared an update on Triple Flag and then sat down with Cosmos Chiu for a fireside chat, where they discussed several industry topics.   Topics included: 💼 Triple Flag’s strong portfolio, producing robust cash flows and embedded growth 🔨 Our cornerstone asset, Northparkes, and its potential for future expansion  🔮 Sheldon’s vision for Triple Flag in the next five years ✨ Triple Flag’s unique position within the market   Watch the full conversation: https://lnkd.in/eKtd4Fcx #TFPM #PreciousMetals #Gold #GoldForumAmericas

Congratulations to Westgold Resources Limited on the declaration of the Fletcher Global Exploration Target of 23-27Mt at 2.1-2.5g/t Au for 1.6-2.1Moz.   This target sits against the current Beta Hunt Mineral Resource of 30.6Mt at 2.7g/t Au for 2.7Moz, demonstrating the potential scale and importance of the Fletcher discovery.   Fletcher is parallel and located within 300m of the existing Western Flanks development, with three rigs expected to continue resource definition drilling over the near-term.   Triple Flag has a 1.5% NSR royalty on gold; 0.5% NSR royalty on nickel; 3.25% GR royalty (excluding nickel) and 1.0% GR royalty on nickel at Beta Hunt, Western Australia.   #TFPM #Mining #Gold  

Triple Flag has been included in the S&P/TSX Composite Index, the headline index comprised of the largest and most liquid companies on the Toronto Stock Exchange. Inclusion in the S&P/TSX Composite Index provides exposure to a broader investor base leading to greater liquidity and trading flexibility. Triple Flag will be added to the S&P/TSX Composite Index prior to market open on September 23, 2024. Read the full press release from S&P Dow Jones Indices: https://bit.ly/47k1vAm #TFPM #TSX #MiningNews

Gold purchases by central banks more than doubled in July month-over-month as demand for the precious metals continues despite record prices.   Triple Flag’s current revenue exposure is derived solely from precious metals, and we are excited to benefit from the growth potential of our commodity exposure alongside our operating partners. #TFPM #Mining #Gold

Congratulations to Westgold Resources Limited on the success of the Stage 3 Resource Definition drilling program at the Fletcher Zone of the Beta Hunt Mine.   With these findings, two additional drill rigs will be deployed to accelerate the program, aiming for a Maiden Mineral Resource Estimate by late Q2 / early Q3 2025.   Triple Flag has a 1.5% NSR royalty on gold; 0.5% NSR royalty on nickel; 3.25% GR royalty (excluding nickel) and 1.0% GR royalty on nickel at Beta Hunt, Western Australia.   #TFPM #Mining #Gold

⬇️ Explore a tour of underground activity, at the Northparkes project operated by Evolution Mining, courtesy of the NSW Minerals Council. Communications and Engagement Superintendent at Evolution Mining, Brooke Plunkett, demonstrates the mine’s control centre, details the block cave mining method implemented at Northparkes, before heading underground for a closer look. Triple Flag has a 54% gold stream and 80% silver stream with a 10% ongoing payment on the Northparkes Copper-Gold Mine in New South Wales, Australia. #TFPM #Gold #Mining

This week marks the 2nd consecutive year of the Triple Flag Summer Internship Program. Immersing in key areas of our business including Talent, Sustainability and Technical (Mining), our interns brought diverse perspectives from backgrounds in business, environmental studies and mining engineering. Their contributions advanced projects and provided valuable mentorship opportunities for our team. As some of our interns return to their studies this fall, we wish them all the best. And to those continuing with us long-term, congratulations – we are excited to see your continued impact. Stay tuned for updates on our 2025 internship program application dates by following our page. #TFPM #Internships #Talent

Congratulations to Excelsior Mining Corp. EXMGF / MIN: TSX on commencing construction activities at the Johnson Camp Mine (“JCM”), with first copper anticipated in H1 of 2025.   This development marks a key step in revitalizing the historic JCM, which includes two open pits and a fully operational SX-EW plant capable of producing 25 million pounds of copper cathode per year.   Triple Flag has a 1.5% gross royalty on the Johnson Camp Mine in Arizona, which is also within the coverage area of our copper stream on Excelsior’s flagship Gunnison property.   #TFPM #Mining

This week, we announced that Triple Flag has entered into definite agreements for the acquisition of 3% gold streams on each of the Agbaou and Bonikro mines operated by Allied Gold Corporation for a total cash consideration of US$53 million.   The Agbaou and Bonikro producing gold mines are located in Côte d’Ivoire within the Birimian Greenstone Belt, approximately 20 kilometers apart, and operated as a single complex.   On a combined basis, Allied is targeting a production rate of 180 to 200 thousand ounces per annum and a greater than 10-year mine life from the complex, driven by an extensive exploration program.   Commenting on the acquisition, our Founder and CEO Shaun Usmar said: “The acquisition of new 3% gold streams on each of the Agbaou and Bonikro mines adds immediate cash flow to Triple Flag from two producing assets, with an operator that has already created significant value at these operations from exploration initiatives.   We fully expect this exploration track record to continue and see significant upside potential for further growth in reserves and resources.”   Learn more below, or via: https://lnkd.in/e3M-cAXk   #TFPM #Mining #Gold

Today, we announced record results for Q2 2024 with a dividend increase, and remain on track to deliver our sales guidance of 105,000 – 115,000 gold equivalent ounces (“GEOs”) for 2024:   1. Revenue of US$63.6 million 2. Gold equivalent ounces sold of 27,192 3. Operating cash flow of US$49.4 million 4. Quarterly dividend declared of US$0.055 per common share, increasing the annualized dividend by 5% 5. Sales outlook of 135,000 – 145,000 GEOs in 2028 6. Promotion of Eban Bari to Chief Financial Officer and James Dendle to Chief Operating Officer   “Triple Flag is firmly on track to achieve sales guidance of 105,000 to 115,000 gold equivalent ounces for 2024, following record performance in the first half of this year. Northparkes delivered another quarter of stronger GEOs driven by higher open-pit grades, which underpinned year-over-year growth of 25% in operating cash flow per share for the Company.   Our portfolio’s organic growth profile is strong and well positioned to deliver long-term value, with expected sales of 135,000 to 145,000 GEOs in 2028.   Finally, I am pleased to announce the promotion of Eban Bari to Chief Financial Officer and James Dendle to Chief Operating Officer, effective upon Sheldon Vanderkooy assuming the role of Chief Executive Officer and Director in the fourth quarter of 2024. The promotion of Eban and James is a testament to their expertise and dedication as core members of Triple Flag’s high-performing team, as well as their integral role in building this business into the fourth-largest precious metals streaming and royalty company,” commented Shaun Usmar, CEO.   Join our Q2 2024 Results webcast on Thursday, August 8, at 09:00 AM ET: https://lnkd.in/eHaShNYa   View our full news release below, or via: https://lnkd.in/edceA7Gr #TFPM