Portfolio Overview

Proven business model

The substantial technical and execution capabilities of our experienced management team has delivered a high-quality, diversified portfolio that remains well positioned for further value-accretive growth.

A high-quality precious metals stream and royalty portfolio

Our diversified portfolio of streams and royalties provides exposure to production from a suite of long-life mining assets, including the Northparkes copper-gold mine in Australia (CMOC), the Cerro Lindo polymetallic mine in Peru (Nexa), the Fosterville gold mine in Australia (Kirkland Lake Gold), the Buriticá gold mine in Colombia (Zijin), the RBPlat PGM Operations in South Africa (Royal Bafokeng Platinum), the Young-Davidson gold mine in Ontario (Alamos Gold), the Gunnison copper project in Arizona (Excelsior) and the Pumpkin Hollow copper mine in Nevada (Nevada Copper), among others.

Investment Criteria

We focus our investments on underlying operations with cost structures that ensure the viability of the mine, while also assessing the financial risk of our counterparties and prioritizing contractual protections in order to enhance the security of our investments.

Commodities exposure: gold and silver

Target long-term portfolio precious metals content of at least 90% with an emphasis on gold. We may occasionally consider exposure to base metals, with our non-precious metals investments focused on metals aligned with decarbonization and electrification. Our strategy excludes investments in fossil fuels 

ESG values: core to Triple Flag

We believe in the essential good that ethical mining provides society, and recognize that optimal ESG performance in the mining and metals business drives operational and reputational performance

Stage: producing or construction-ready and fully-permitted

Balanced by prudent investments across earlier stages of the mine life cycle to maintain exposure to a robust collection of development-stage assets and grow free cash flow per share over the long-term

Geographies: the Americas and Australia 

Balanced by willingness to pursue assets globally for appropriate risk-adjusted returns where we can ensure adequate protections and the asset quality justifies it