Ernest Henry

Triple Flag Delivers Strong Q4 and Full Year 2023 Results; Long-Term GEOs Outlook Driven by Growth at Northparkes

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Mercredi, février 21, 2024

Mining, Minerals, Natural Resources, Stawell, Engineering, MPO, Oxide, Growth, Agnico Eagle, Henty, Marigold, GEOS, Webcast, Harrier, EPC, Mineral, NSR, JCM, Resource, Gold, E22, Measurement, Silver, National Army, SSR, Evolution, GRR, Environment, Centerra Gold, Metallurgy, Acquisition, DeLaMar, E31, Nature, CMOC, Barrick Gold, Ernest Henry

Triple Flag’s long-term GEOs sales outlook builds on the sector-leading growth achieved since our inception, with a compound annual growth rate of more than 20% since 2017.

Key Points:

Triple Flag’s long-term GEOs sales outlook builds on the sector-leading growth achieved since our inception, with a compound annual growth rate of more than 20% since 2017.
Northparkes (54% gold stream and 80% silver stream): Sales from Northparkes in Q4 2023 were 3,339 GEOs.
Beta Hunt (3.25% gold GRR and 1.5% NSR gold royalty): Royalties from Beta Hunt in Q4 2023 equated to 1,260 GEOs.
Camino Rojo (2.0% NSR gold royalty on oxides): Royalties from Camino Rojo in Q4 2023 equated to 680 GEOs.

Triple Flag Congratulates Evolution Mining on its Proposed Acquisition of a Majority Interest in Northparkes

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Mardi, décembre 5, 2023

Mining, Minerals, Natural Resources, Acquisition, NYSE, CMOC, Gold, GEOS, E31, Rio Tinto, Sumitomo Group, Silver, Partnership, Flag, E22, Growth, TSX, Evolution, News, Ernest Henry, Northparkes

Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX:TFPM, NYSE:TFPM) is pleased to congratulate Evolution Mining Limited (“Evolution”) on its proposed acquisition of an 80% interest in the Northparkes open pit and underground copper-gold mine in New South Wales, Australia from China Molybdenum Co., Ltd (“CMOC”).

Key Points:

Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX:TFPM, NYSE:TFPM) is pleased to congratulate Evolution Mining Limited (“Evolution”) on its proposed acquisition of an 80% interest in the Northparkes open pit and underground copper-gold mine in New South Wales, Australia from China Molybdenum Co., Ltd (“CMOC”).
Triple Flag has a strong relationship with the Evolution management team and we look forward to our new long-term partnership at Northparkes.
This world-class operation is well-positioned to deliver value for all stakeholders for decades to come,” commented Shaun Usmar, Triple Flag CEO.
Complementing CMOC’s sustainability initiatives, Triple Flag provides A$50,000 annually towards scholarships and community projects at the operation.

World Copper Mine Production Output Is Expected To Increase As New Projects Pick up Steam

Retrieved on:

Lundi, novembre 22, 2021

Major projects starting in 2021/2022 and small projects are also expected to come on stream."

Key Points:

Major projects starting in 2021/2022 and small projects are also expected to come on stream."
ICSG continued: "Most projects are producing concentrate which should result in sustained growth in world concentrate output.
World apparent refined copper usage is expected to remain essentially unchanged in 2021 and to grow by about 2.4% in 2022.
However sustained growth in copper demand is expected to resume as copper is essential to economic activity and the modern technological society.

World Copper Mine Production Output Is Expected To Increase As New Projects Pick up Steam

Retrieved on:

Lundi, novembre 22, 2021

Major projects starting in 2021/2022 and small projects are also expected to come on stream."

Key Points:

Major projects starting in 2021/2022 and small projects are also expected to come on stream."
ICSG continued: "Most projects are producing concentrate which should result in sustained growth in world concentrate output.
World apparent refined copper usage is expected to remain essentially unchanged in 2021 and to grow by about 2.4% in 2022.
However sustained growth in copper demand is expected to resume as copper is essential to economic activity and the modern technological society.