Northparkes

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

Retrieved on: 
Tuesday, December 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.

Triple Flag Announces Q3 2023 Results – On Track to Achieve Guidance

Retrieved on: 
Tuesday, November 7, 2023
Mining, Minerals, Natural Resources, NSR, Integra, Young-Davidson mine, Platinum, Stawell, Defense, Talon, DeLaMar, Gold, Acquisition, Maintenance, Webcast, Renard, ESG, Department of Defense Architecture Framework, Agnico Eagle, Nickel, Trade and Development Bank of Mongolia, Bank statement, Trade, Growth, Cardinal, GEOS, Development finance institution, Alamos Gold, Investment, National Army, Hang Seng China A Industry Top Index, Larix laricina, PGM, Bushveld Igneous Complex, Satellite navigation device, Palladium, Uranium mining, Rare-earth element, Doris, Camino Rojo mine, E31, Beta Hunt Mine, Stornoway, Northparkes

Guidance and Outlook Maintained: Triple Flag remains on track to achieve its sales guidance for 2023 of 100,000 to 115,000 GEOs, notwithstanding the Renard diamond mine entering care and maintenance in the fourth quarter of 2023 as described further below.

Key Points: 
  • Guidance and Outlook Maintained: Triple Flag remains on track to achieve its sales guidance for 2023 of 100,000 to 115,000 GEOs, notwithstanding the Renard diamond mine entering care and maintenance in the fourth quarter of 2023 as described further below.
  • Northparkes (54% gold stream and 80% silver stream): Sales from Northparkes in Q3 2023 were 3,919 GEOs.
  • In October 2023, Alamos Gold reiterated that Young-Davidson is on track to meet its 2023 production guidance of 185,000 – 200,000 ounces.
  • Triple Flag has not assumed any contributions from Pumpkin Hollow to GEOs sales in the fourth quarter of 2023.

Triple Flag Announces Record Q2 2023 Results and Dividend Increase

Retrieved on: 
Tuesday, August 8, 2023
Mining, Minerals, Natural Resources, Zinc, Excelsior, Sustainability reporting, Fatality, Castle Grande, National bank, National Bank of Canada, Industrialisation, Acquisition, Victorian, Rio Tinto, PGM, Noise, Antofagasta, Integration, Agbaou-Ahéoua, NSR, Research, E31, EPA, KPMG LLP, KPMG, Molybdenum, Gold, Webcast, Agnico Eagle, Barrick Gold, GEOS, Young-Davidson mine, Nevada Copper Belt Railroad, Silver, GR, ETW, Copper, Hunt Block, AA, Maruti Suzuki, Cryptocurrency, Palladium, Nuton, MSCI, Beta Hunt Mine, Doris, Northparkes

Dividend: Triple Flag’s Board of Directors declared a quarterly dividend of US$0.0525 per common share that will be paid on September 15, 2023, to the shareholders of record at the close of business on August 31, 2023.

Key Points: 
  • Dividend: Triple Flag’s Board of Directors declared a quarterly dividend of US$0.0525 per common share that will be paid on September 15, 2023, to the shareholders of record at the close of business on August 31, 2023.
  • This increases the annualized dividend by 5% from US$0.20 per common share to US$0.21 per share and is Triple Flag’s second consecutive annual increase of the dividend since its May 2021 initial public offering.
  • Team: Subsequent to quarter end, David Lee joined Triple Flag as Vice President, Investor Relations.
  • Fosterville (2.0% net smelter return (“NSR”) gold royalty): Royalties from Fosterville in Q2 2023 equated to 1,697 GEOs.

Triple Flag Announces Q1 2023 Results – Record GEOs and Operating Cash Flow

Retrieved on: 
Tuesday, May 9, 2023
Mining, Minerals, Natural Resources, GEOS, Young-Davidson mine, IPO, Noise, Resource, Silver, Elevation, NSR, EPA, Gold, EBITDA, Acquisition, MaveriX, River, Webcast, Adjustment, Cryptocurrency, Palladium, Beta Hunt Mine, Northparkes

The first quarter of consolidated results after the closing of the Maverix transaction on January 19, 2023, has driven record financial results on many key financial metrics, including GEOs, revenue, operating cash flow and adjusted EBITDA.

Key Points: 
  • The first quarter of consolidated results after the closing of the Maverix transaction on January 19, 2023, has driven record financial results on many key financial metrics, including GEOs, revenue, operating cash flow and adjusted EBITDA.
  • Operating Cash Flow of 20 cents per share in Q1 2023 increased from 17 cents per share in Q1 2022.
  • Closing of Maverix Transaction: On January 19, 2023, Triple Flag successfully completed the acquisition of Maverix Metals Inc. (“Maverix”).
  • Upon closing of the transaction, existing Triple Flag and former Maverix shareholders owned approximately 78% and 22% of the pro forma outstanding shares of Triple Flag, respectively.

InvestmentPitch Media Video Discusses Inflection Resources’ Signing of Non-Binding Heads of Agreement with AngloGold Ashanti for Multi-Year Exploration Earn-In Across Portfolio of Copper-Gold Projects in Australia

Retrieved on: 
Friday, February 24, 2023
AngloGold Ashanti, III, News, Inflection, Gold, Phase II, CSE, Lachlan Fold Belt, Evolution, AUD, Agreement, Star Trek: Phase II, Duck Creek, Mining, Pharmaceutical industry, Northparkes

If these links are not enabled, please visit www.InvestmentPitch.com and enter “Inflection” in the search box.

Key Points: 
  • If these links are not enabled, please visit www.InvestmentPitch.com and enter “Inflection” in the search box.
  • Following execution of the Earn-in Agreement, AngloGold shall fund a total of AUD$10 million on exploration expenditures across the portfolio of projects within three years as part of a Phase I exploration program.
  • Alistair Waddell, President and CEO, stated: “The execution of this Heads of Agreement with AngloGold Ashanti is a major milestone for the Company.
  • We fully anticipate recommencing drilling immediately following the execution of the Earn-in Agreement, all of which will now be fully funded by AngloGold.

Triple Flag Announces Record Full Year and Fourth Quarter 2022 Results

Retrieved on: 
Tuesday, February 21, 2023
Mining, Minerals, Natural Resources, MJH, Agnico Eagle, Gold, Silver, Fatality, Public expenditure, Environment, Mineral, Webcast, Copper, Nevada Copper Belt Railroad, E22, Young-Davidson mine, GR, Stawell, NSR, GEOS, Rio Tinto, Gunnison, Child development stages, Excelsior, NSW, Rest, CapeNature, Pucasalla, Beta Hunt Mine, Satellite navigation device, Palladium, Herbert Dargue, Nuton, Northparkes

The long-term production outlook requires no further funding from Triple Flag.

Key Points: 
  • The long-term production outlook requires no further funding from Triple Flag.
  • Fosterville (2.0% NSR gold royalty): Royalties from Fosterville in Q4 2022 and FY2022 equated to 1,855 GEOs and 8,454 GEOs, respectively.
  • Fosterville produced 88,634 ounces of gold in Q4 2022 and 383,206 ounces of gold in the full year 2022.
  • Dargues produced 8,748 ounces of gold in the quarter ended December 31, 2022, slightly lower than the prior quarter’s production of 8,968 ounces.

Triple Flag Announces Record Metal Sales for Q4 and FY 2022

Retrieved on: 
Tuesday, January 10, 2023
Mining, Minerals, Natural Resources, GEO, Weather, Pharmaceutical industry, Internet service provider, Communications satellite, Northparkes

Timing differences were dominated by the previously announced increase in the time for quotational period settlements for Cerro Lindo concentrates, and associated silver streaming volumes, representing a reduction of approximately 1,850 GEO sales in Q4.

Key Points: 
  • Timing differences were dominated by the previously announced increase in the time for quotational period settlements for Cerro Lindo concentrates, and associated silver streaming volumes, representing a reduction of approximately 1,850 GEO sales in Q4.
  • Rail and shipping delays at Northparkes, linked to severe weather events in New South Wales, caused a reduction of over 900 GEO sales in the quarter.
  • We believe the Northparkes team did a remarkable job of mitigating these impacts, narrowly missing an anticipated shipment to Triple Flag in December that was delivered on January 6, 2023.
  • Triple Flag will release its fourth quarter and full-year 2022 results on Tuesday, February 21, 2023, after market close.

Proactive news headlines including KGL Resources, Skyfii Ltd, Polymetals Resources and Sipa Resources

Retrieved on: 
Thursday, July 28, 2022
Lithium, Well, Acquisition, Butcherbird, GLOBE, Industry, DMS, JV, RC, SKF, Axford, Recycling, OTC, MAG, Collection, Gold, ASX, Iron King, News, Iron, Proactivity, Kingswood, LIT, RTX, Manganese, Corvette, AOI, Rare-earth element, Mining, Northparkes

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