Episode Details

Achieving 26% Per Year Growth with Shaun Usmar of Triple Flag Precious Metals

Episode 211 Published 4 years, 4 months ago

Description

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.