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TRIPLE FLAG PRECIOUS METALS CORP

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Commented by Mario Hose on March 12th, 2026 | 08:00 CET

Mining without excavators: Franco-Nevada, Triple Flag, and Globex Mining compared

  • Mining
  • royalties
  • PreciousMetals

After a long dry spell, mining stocks are back in vogue. However, operating mines comes with its own risks. Geological challenges, technical failures, rising energy costs, or labor strikes can quickly disrupt operations. There is, however, a clever alternative: so-called royalty and streaming companies. These firms benefit from mining activity without having to drill holes in the ground themselves. In this article, we compare three representatives of this business model across different size classes: Franco-Nevada, an established industry giant; Triple Flag Precious Metals, a mid-tier player; and Globex Mining Enterprises, a (still) small but particularly diversified challenger.

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