Triple Flag closes $550 million gold and silver stream on Northparkes mine

Mining News Pro - Mine financing company Triple Flag Precious Metals has closed a $550 million gold and silver stream on future production from China Molybdenum’s Northparkes mine in Australia.

$550m deal signed at Northparkes

Mining News Pro - The owners of the Northparkes gold/copper mine, in New South Wales, has inked a $550-milion streaming agreement with financier Triple Flag Mining Finance Bermuda, a subsidiary of Triple Flag Precious Metals Corp.

Exciting times ahead for innovative Northparkes copper mine

Mining News Pro - Northparkes was Australia’s first highly efficient block cave mine, celebrated for its high quality copper and gold deposits and being the world’s most automated underground mine. Now, there are significant new operations afoot.

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