TSX:TFPMMetals and Mining
Triple Flag Precious Metals (TSX:TFPM) Is Up 12.7% After Expanding Its Northparkes Streaming Deal
Triple Flag Precious Metals recently agreed to invest US$84.3 million in a new gold and silver stream at the Northparkes mine, securing rights to 20% of payable gold and 30% of payable silver at discounted prices while amending its metal purchase agreement with Evolution Mining.
This expanded streaming arrangement deepens Triple Flag’s partnership with Evolution Mining and further embeds Northparkes as a core long-term precious metals asset within its portfolio.
We’ll now examine how this...