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Portfolio Overview

Our investment bias is tilted toward cash-generating mines, but we will actively pursue development-stage projects as well as we seek to build a balanced portfolio with good future growth potential.

Portfolio

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 portfolio of precious metals streams and royalties

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 (Evolution), the Cerro Lindo polymetallic mine in Peru (Nexa), the Fosterville gold mine in Australia (Agnico Eagle), the Buriticá gold mine in Colombia (Zijin), the Impala Bafokeng Operations in South Africa (Impala Platinum Holdings Limited), and the Young-Davidson gold mine in Ontario (Alamos Gold), among others.

Investment Criteria

We focus our investments on underlying operations with cost structures and sustainability practices 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 Focus

Balanced by assessing exposure to base metals and bulk commodities

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