Business
Triple Flag Precious Metals Announces Strong Q2 2024 GEOs Deliveries
TORONTO / Jul 11, 2024 / Business Wire / Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM) annou
About this update from Triple Flag Precious Metals Corp.
[{"type":"text","content":"TORONTO / Jul 11, 2024 / Business Wire / Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM) announced record quarterly revenue of US$63.6 million for the second quarter of 2024, which represented quarterly metal sales of 27,192 gold equivalent ounces1 (“GEOs”). All dollar amounts are expressed in US dollars, unless otherwise noted. “Triple Flag achieved another strong quarter of deliveries, including quarter-on-quarter growth from Northparkes due to the ongoing processing of the higher-gold-grade E31 and E31N open pits. With year-to-date GEOs sold of 54,986 ounces, the Company is on track to deliver 2024 GEOs sales guidance of 105,000 to 115,000 ounces,” commented Shaun Usmar, CEO. “We continue to prioritize sustainable investments and strong governance, improving our Sustainalytics ESG Risk Rating to 2nd out of 118 companies in the precious metals industry and 1st in the precious metals mining subindustry. Triple Flag remains well positioned to deliver meaningful per share growth driven by a solid organic growth outlook and a strong precious metals price environment.” Preliminary Q2 2024 GEOs Sold and Revenue GEOs Sold and Revenue by Commodity2 Q2 2024 GEOs Sold Revenue ($M) Gold 16,124 37.7 Silver 11,068 25.9 Total 27,192 63.6 Conference Call Details Triple Flag will release its Q2 2024 results on Wednesday, August 7, 2024, after market close. A conference call and live webcast presentation will be held the following day, August 8, 2024, starting at 9:00 a.m. ET (6:00 a.m. PT) to discuss these results. The live webcast can be accessed by visiting the Events and Presentations page on the Company’s website at: www.tripleflagpm.com. An archived version of the webcast will be available on the website for one year following the webcast. Live Webcast: https://events.q4inc.com/attendee/841971665 Dial-In Details: Toll-Free (U.S. & Canada): +1 (888) 330-2384 International: +1 (647) 800-3739 Conference ID: 4548984, followed by # key Replay (Until August 22): Toll-Free (U.S. & Canada): +1 (800) 770-2030 International: +1 (647) 362-9199 Conference ID: 4548984, followed by # key About Triple Flag Precious Metals Triple Flag is a pure play, precious-metals‐focused streaming and royalty company. We offer bespoke financing solutions to th...