Dig Deep Achieving 26% Per Year Growth with Shaun Usmar of Triple Flag Precious Metals
In this episode, we chat with Shaun Usmar, Founder & CEO of Triple Flag Precious Metals. A growing, gold-focused royalty and streaming company with proven execution capabilities in the most attractive segment of this market.
With a Metallurgy and Minerals background, Shaun is an international mining executive with over 25 years of experience working around the globe in operational, financial, and executive leadership roles working for the likes of Xstrata, BHP, and Barrick Gold. We discuss the successes that Triple Flag has had and what the future has in store for the company.
KEY TAKEAWAYS
- Triple Flag has deployed around $1.7b, over 5 years.
- Out of the 500 deals they have investigated they have closed 17. Thirteen of them have been put together by working opposite other mining companies.
- Triple Flag has seen a 26% cumulative annual growth rate and delivery. The highest in the sector.
- The portfolio is high margin, with strong cash generation, and robust long-term potential.
- Every member of the management team is an investor in the company.
- Ninety percent of the portfolio is gold and silver, with strong, long-term potential. But, when the deal is right, they add other metals to their portfolio.
- The company uses the royalty and streaming models, which provide many benefits, that Shaun talks about in the podcast.
- Triple Flag has found that there is huge potential for growth for the streaming sector at the level they are targeting.
- Once a deal is done with a partner, Triple Flag helps and provides advice that maximizes extraction.
- Triple Flag is a zero-carbon business, that champions environmentally friendly mining practices and high levels of community investment.
- The majority of their portfolio is in Australia, North and South America. But deals in other jurisdictions are always investigated.
BEST MOMENTS
‘We focus on streams and royalties. And don´t take on a lot of illiquid equities, as some junior mining companies do. ´
‘We´ve seen a 26% cumulative annual growth rate and delivery …the highest in the sector.’
‘We are very active on the deal front and will continue to be discerning.’
‘Very often, the best mines are found within existing mining sites.’
EPISODE RESOURCES
Website: https://www.tripleflagpm.com
Contact via the website: https://www.tripleflagpm.com/contact/default.aspx
LinkedIn: https://ca.linkedin.com/company/triple-flag-precious-metals
LinkedIn: https://ca.linkedin.com/in/shaun-usmar?trk=people_directory
Email: info@tripleflagpm.com
VALUABLE RESOURCES
Email: rob@mining-international.org
Website: https://www.mining-international.org/
LinkedIn: https://www.linkedin.com/in/rob-tyson/
Twitter: https://twitter.com/MiningRobTyson
Facebook: https://www.facebook.com/DigDeepTheMiningPodcast/
Instagram: https://www.instagram.com/theminingpodcast/
YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast/videos
ABOUT THE HOST
Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community insight into people's experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.
Rob is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specializing in all areas of mining across the globe from the first world to third world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our client's organizations in any mining discipline or level.
Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.
Podcast Description
Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.