Triple Flag Precious Metals (TFPM) 6-K8 Aug 232023 Q2 Current report (foreign)Financial data

Company Profile

Document and Entity Information

Document and Entity Information	6 Months Ended
Document and Entity Information	Jun. 30, 2023
Document Information [Line Items]
Document Type	6-K
Document Period End Date	Jun. 30, 2023
Entity Registrant Name	Triple Flag Precious Metals Corp
Entity Central Index Key	0001829726
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Amendment Flag	false

Condensed Interim Consolidated

Condensed Interim Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
ASSETS
Cash and cash equivalents	$ 16,438	$ 71,098
Amounts receivable and prepaid expenses	14,803	9,603
Loans receivable	2,000
Financial assets	15,474	9,906
Income tax receivable	460
Current assets	49,175	90,607
Mineral interests	1,795,011	1,228,171
Loans receivable	37,181	11,096
Other assets	4,022	4,547
Deferred income tax	3,783	2,610
Financial assets	33,587
Non-current assets	1,873,584	1,246,424
TOTAL ASSETS	1,922,759	1,337,031
Liabilities
Amounts payable and other liabilities	7,261	11,320
Lease obligation	376	277
Income tax payable	2,970	989
Current liabilities	10,607	12,586
Long-term debt	65,000
Lease obligation	1,906	1,640
Deferred income tax	902	1,485
Other non-current liabilities	3,377	2,841
Non-current liabilities	71,185	5,966
Shareholders' equity
Share capital	1,758,822	1,250,194
Retained earnings	70,333	63,670
Other	11,812	4,615
Shareholders' equity	1,840,967	1,318,479
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 1,922,759	$ 1,337,031

Condensed Interim Consolidate_2

Condensed Interim Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Condensed Interim Consolidated Statements of Income
Revenue	$ 52,591	$ 36,490	$ 102,860	$ 74,245
Cost of sales
Cost of sales excluding depletion	9,904	3,723	21,372	6,755
Depletion	15,740	11,485	31,668	24,664
Gross profit	26,947	21,282	49,820	42,826
General administration costs	5,184	3,382	10,856	7,457
Business development costs	782	1,090	2,355	1,238
Sustainability initiatives	104	243	222	383
Operating income	20,877	16,567	36,387	33,748
Gain (loss) on disposition of mineral interests	(1,000)		(1,000)	2,099
Increase (decrease) in fair value of financial assets	(954)	(3,834)	2,699	(4,492)
Finance costs, net	(1,269)	(442)	(2,578)	(979)
Foreign currency translation gain (loss)	6	(100)	52	(153)
Other expenses	(3,217)	(4,376)	(827)	(3,525)
Earnings before income taxes	17,660	12,191	35,560	30,223
Income tax expense	(1,626)	(1,269)	(2,992)	(3,412)
Net earnings	$ 16,034	$ 10,922	$ 32,568	$ 26,811
Earnings per share - Basic	$ 0.08	$ 0.07	$ 0.17	$ 0.17
Earnings per share - Diluted	$ 0.08	$ 0.07	$ 0.17	$ 0.17

Condensed Interim Consolidate_3

Condensed Interim Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Operating activities
Net earnings	$ 16,034	$ 10,922	$ 32,568	$ 26,811
Adjustments for the following items:
Depletion of mineral interests	15,740	11,485	31,668	24,664
Non-cash cost of sales related to prepaid gold interests	4,921		10,481
Amortization	93	92	184	189
(Gain) Loss on disposition of mineral interests	1,000		1,000	(2,099)
(Increase) decrease in fair value of financial assets	954	3,834	(2,699)	4,492
Stock-based compensation expense	941	995	1,788	1,737
Income tax expense	1,626	1,269	2,992	3,412
Finance and other costs	1,923	931	3,839	1,754
Operating cash flow before working capital and taxes	43,232	29,528	81,821	60,960
Income taxes paid	(1,857)	(1,815)	(3,083)	(3,485)
Change in working capital	(500)	2,227	1,006	(1,176)
Operating cash flow	40,875	29,940	79,744	56,299
Investing activities
Acquisition of mineral interests	(17,593)	(5,434)	(163,597)	(14,562)
Proceeds on disposition of mineral interests	1,700		1,700	4,500
Proceeds on sale of investments				6,258
Acquisition of loans receivables	(8,833)		(17,333)
Acquisition of investments			(741)	(2,357)
Net cash used in investing activities	(24,726)	(5,434)	(179,971)	(6,161)
Financing activities
Proceeds from long-term debt	5,000		115,000
Repayments of long-term debt	(20,000)		(50,000)
Proceeds from exercise of stock options and warrants	16,398		17,203
Normal course issuer bid purchase of common shares	(10,505)	(106)	(13,075)	(331)
Dividends paid	(10,100)	(7,411)	(20,142)	(14,822)
Repayments and interest on lease obligation	(139)	(83)	(223)	(166)
Payments of interest on long-term debt	(2,096)	(486)	(3,217)	(982)
Net cash from (used in) financing activities	(21,442)	(8,086)	45,546	(16,301)
Effect of exchange rate changes on cash and cash equivalents	19	(121)	21	(78)
(Decrease) Increase in cash and cash equivalents during the period	(5,274)	16,299	(54,660)	33,759
Cash and cash equivalents at beginning of the period	21,712	58,132	71,098	40,672
Cash and cash equivalents at end of the period	$ 16,438	$ 74,431	$ 16,438	$ 74,431

Condensed Interim Consolidate_4

Condensed Interim Consolidated Statements of Changes in Equity - USD ($) $ in Thousands	Share Capital	Retained Earnings	Other Equity and Reserves	Total
Balance at beginning at Dec. 31, 2021	$ 1,253,013	$ 40,298	$ 1,311	$ 1,294,622
Balance at beginning (in shares) at Dec. 31, 2021	156,036,737
Normal course issuer bid purchase of common shares	$ (215)	(116)		(331)
Normal course issuer bid purchase of common shares (in shares)	(26,808)
Stock-based compensation			1,737	1,737
Net earnings		26,811		26,811
Dividends		(14,822)		(14,822)
Balance at ending at Jun. 30, 2022	$ 1,252,798	52,171	3,048	1,308,017
Balance at ending (in shares) at Jun. 30, 2022	156,009,929
Balance at beginning at Dec. 31, 2021	$ 1,253,013	40,298	1,311	1,294,622
Balance at beginning (in shares) at Dec. 31, 2021	156,036,737
Normal course issuer bid purchase of common shares	$ (2,819)
Normal course issuer bid purchase of common shares (in shares)	(351,144)
Balance at ending at Dec. 31, 2022	$ 1,250,194	63,670	4,615	1,318,479
Balance at ending (in shares) at Dec. 31, 2022	155,685,593
Shares issued to Maverix shareholders	$ 491,111			491,111
Shares issued to Maverix shareholders (in shares)	45,097,390
Issuance of shares from exercise of stock options	$ 493			493
Issuance of shares from exercise of stock options (in shares)	256,799
Normal course issuer bid purchase of common shares	$ (7,312)	(5,763)		$ (13,075)
Normal course issuer bid purchase of common shares (in shares)	(911,646)			(911,646)
Stock-based compensation granted to Maverix employees			6,709	$ 6,709
Stock-based compensation			1,788	1,788
Net earnings		32,568		32,568
Dividends		(20,142)		(20,142)
Warrants issued to Maverix shareholders			7,938	7,938
Issuance of shares from exercise of warrants	$ 24,336		(7,938)	16,398
Issuance of shares from exercise of warrants (In shares)	1,800,000
Automatic Share Purchase Plan			(1,300)	(1,300)
Balance at ending at Jun. 30, 2023	$ 1,758,822	$ 70,333	$ 11,812	$ 1,840,967
Balance at ending (in shares) at Jun. 30, 2023	201,928,136			201,928,136

Nature of operations

Nature of operations	6 Months Ended
Nature of operations	Jun. 30, 2023
Nature of operations
Nature of operations	1. Nature of operations Triple Flag Precious Metals Corp. (“ TF Precious Metals Canada Business Corporations Act The condensed interim consolidated financial statements of TF Precious Metals for the three and six months ended June 30, 2023 and 2022 comprise TF Precious Metals and its wholly owned subsidiaries (together, the “ Company Triple Flag The Company is a gold-focused streaming and royalty company. Its revenues are largely generated from a diversified portfolio of properties in Australia, Canada, Colombia, Mexico, Mongolia, Peru, South Africa and the United States.

Basis of presentation

Basis of presentation	6 Months Ended
Basis of presentation	Jun. 30, 2023
Basis of presentation
Basis of presentation	2. Basis of presentation These condensed interim consolidated financial statements of TF Precious Metals and its subsidiaries have been prepared in accordance with International Financial Reporting Standards (“ IFRS IASB IAS Interim Financial Reporting These condensed interim consolidated financial statements should be read in conjunction with TF Precious Metals’ most recently issued audited financial statements for the years ended December 31, 2022 and 2021 (“ 2022 Annual Financial Statements

Critical accounting estimates a

Critical accounting estimates and judgments	6 Months Ended
Critical accounting estimates and judgments	Jun. 30, 2023
Critical accounting estimates and judgments
Critical accounting estimates and judgments	3. Critical accounting estimates and judgments The judgments, estimates, assumptions and risks discussed here reflect updates from the 2022 Annual Financial Statements. For judgments, estimates, assumptions and risks related to other areas not discussed in these condensed interim consolidated financial statements, please refer to Note 4 of the 2022 Annual Financial Statements. Accounting for the acquisition of Maverix Metals Inc. Management determined that the Company’s acquisition of Maverix Metals Inc. (“ Maverix Impairment As at June 30, 2023, the Company did not identify any indicators of impairment or reversal of impairment for any of its mineral interests and as a result, no impairment test was performed for the three and six months ended June 30, 2023.

Key developments

Key developments	6 Months Ended
Key developments	Jun. 30, 2023
Key developments
Key developments	4. Key developments a. Acquisition of Agbaou Royalty On June 23, 2023, the Company entered into an agreement with Auramet Capital Partners, L.P. (“ Auramet NSR Agbaou Royalty b. January 19, 2023 Cash and cash equivalents $ 4,080 Amounts receivable 5,869 Inventory 1,261 Financial Assets 47,494 Mineral Interest 587,817 Loan receivable 10,231 Amounts payable and other liabilities (11,133) Lease obligation (460) Income tax payable (351) Total assets acquired, net of liabilities assumed $ 644,808 Number of Triple Flag shares issued to Maverix shareholders 45,097,390 Value of Triple Flag shares issued to Maverix shareholders 491,111 Cash consideration paid to Maverix shareholders 86,666 Cash paid to retire Maverix credit facility 46,608 Maverix share options exchanged for Triple Flag replacement share options 1 6,709 Maverix warrants exercisable for 1,800,000 Triple Flag shares 7,938 Transaction costs 5,776 Purchase consideration $ 644,808 1 On January 19, 2023, the Company acquired all of the issued and outstanding common shares of Maverix pursuant to the terms of an arrangement agreement dated November 9, 2022 (the “ Agreement RSUs Maverix Warrants The transaction was accounted for as an asset acquisition on January 19, 2023, with mineral interests of $587,817. The other net assets acquired in the transaction included cash and cash equivalents, amounts receivable, prepaid gold interests and loans receivable of approximately $68,935, amounts payable and other liabilities, lease liabilities and income tax payable of $11,944. The other liabilities included change of control under the terms of Maverix’s employment agreements.

Amounts receivable and prepaid

Amounts receivable and prepaid expenses	6 Months Ended
Amounts receivable and prepaid expenses	Jun. 30, 2023
Amounts receivable and prepaid expenses
Amounts receivable and prepaid expenses	5. Amounts receivable and prepaid expenses As at June 30, 2023 December 31, 2022 Royalties receivable $ 12,706 $ 7,510 Other receivables 656 551 Prepaid expenses 477 1,306 Sales tax recoverable 964 236 Total amounts receivable and prepaid expenses $ 14,803 $ 9,603 Royalties receivable represent amounts that are generally collected within 45 days of quarter-end. Prepaid expenses largely represent various insurance programs that are in place.

Loans receivable

Loans receivable	6 Months Ended
Loans receivable	Jun. 30, 2023
Loans receivable
Loans receivable	6. Loans receivable As at June 30, 2023 December 31, 2022 Bridge Financing - Stornoway Diamonds 1 $ 11,557 $ 11,096 Convertible Debenture – Excelsior Mining 2 1,524 — Loan Receivable – Nevada Copper 3 8,373 — Loan Receivable – Elevation Gold 4 17,727 — Total Loans receivable $ 39,181 $ 11,096 Current portion 2,000 — Loans Receivable - Long-term $ 37,181 $ 11,096 1 Represents a receivable under a bridge financing facility provided by certain secured lenders, including the Company, in June 2019 to Stornoway and certain of its subsidiaries. The loan bears interest at 8.25 % per annum, which is calculated and compounded monthly and is capitalized until repayment. The increase in the loan balance during the six months ended June 30, 2023 represents interest accrued on the loan. 2 On February 9, 2023, Triple Flag invested $1,500 in Excelsior Mining Corp (“ Excelsior ”) in the form of a Convertible Debenture (“ Debenture ”). The Debenture matures on February 9, 2026 and carries interest at 10% . Interest is payable in cash or in Excelsior Shares, at the election of Triple Flag. The Debenture also has a conversion feature whereby Triple Flag has the option to convert it into Excelsior shares prior to maturity. 3 In connection with the Nevada Copper restart financing package for operations at the Pumpkin Hollow mine, its senior credit facility was amended on October 28, 2022, to provide for a new tranche of up to $25,000 . The Company made a $2,500 payment on each of February 22, 2023 and March 13, 2023, respectively. Pursuant to the binding financing package agreement dated May 9, 2023, entered with Triple Flag, Pala Investments Limited and Mercuria Energy Holdings (Singapore) Pte. Ltd, Triple Flag funded an additional $3,333 to Nevada Copper during the second quarter of 2023. The loan carries interest at SOFR plus an adjustment spread and a fixed margin, at the time funds were advanced. The loan matures on July 31, 2029 and can be repaid prior to maturity with no penalty. 4 In conjunction with the acquisition of Maverix, Triple Flag acquired a loan receivable from Elevation Gold (“ Elevation ”) and subsequently provided an additional $2,000 loan during the first quarter of 2023. On May 15, 2023, Triple Flag entered into an amended and restated loan agreement with Elevation and subsequently provided an additional $5,500 loan during the second quarter of 2023. Under the terms of the amended and restated agreement, interest accrues at an interest rate of 10% per annum, payable quarterly. A $1,500 principal payment is due on or before December 15, 2023, with subsequent principal payments of $250 due quarterly until December 15, 2024. The balance of principal payable is due on or before February 28, 2025.

Financial assets

Financial assets	6 Months Ended
Financial assets	Jun. 30, 2023
Financial assets.
Financial assets	7. Financial assets As at June 30, 2023 December 31, 2022 Investments 1 $ 8,085 $ 5,372 Prepaid gold interests – Steppe Gold 2 — 4,534 Prepaid gold interests – Auramet Capital Partners 3 40,976 — Total financial assets $ 49,061 $ 9,906 Financial assets – current 15,474 9,906 Financial assets – long-term $ 33,587 $ — 1 Investments comprise equity interests and warrants in publicly traded and private companies and have been recorded at fair value. The fair value of the public equity investments is classified as level 1 of the fair value hierarchy because the main valuation inputs used are quoted prices in active markets, the fair value of the warrants is classified as level 2 because one or more of the significant inputs are based on observable market data, and the fair value of the private equity investments is classified as level 3 of the fair value hierarchy because the relevant observable inputs are not available. Refer to Note 12 for additional details. During the first quarter of 2023, the Company subscribed to 15,384,615 shares of Monarch Corporation for C $1,000 through a private placement. 2 On September 26, 2022, the Company entered into an agreement with Steppe Gold to acquire a prepaid gold interest. The Company made a cash payment of $4,800 to acquire the prepaid gold interest in exchange for delivery of 3,000 ounces of gold that were delivered by Steppe Gold in 8 month ly deliveries. The final delivery was made in May 2023. The Steppe Gold Prepaid Gold Interest was accounted for as a financial asset at fair value through profit or loss and fair value was calculated based on the London Bullion Market Association PM fix on the last trading day of the quarter. 3 On January 19, 2023, as part of the Maverix acquisition, the Company acquired a prepaid gold interest with Auramet Capital Partners, L.P., a subsidiary of Auramet International LLC. The contract requires Auramet to deliver 1,250 ounces of gold to Triple Flag per quarter. Triple Flag is required to make ongoing cash payments equal to 16% of the spot gold price for each gold ounce delivered. On and after ten years and 50,000 ounces of gold have been delivered (since inception), Auramet shall have the option to terminate the stream for a cash payment of $5,000 less certain cash flows related to the gold deliveries. The Auramet Prepaid Gold Interest is accounted for as a financial asset at fair value through profit or loss. The remaining contractual ounces to be delivered as of June 30, 2023 is 40,000 ounces of gold. The change in fair value of financial assets for the three months ended June 30, 2023 was $954 loss (2022: $3,834 loss), and for the six months ended June 30, 2023 was $2,699 gain (2022: $4,492 loss).

Mineral interests

Mineral interests	6 Months Ended
Mineral interests	Jun. 30, 2023
Mineral interests
Mineral interests	8. Mineral interests Mineral June 30, 2023 Streams Royalties Total (1) Cost As at January 1, 2023 $ 1,281,254 $ 285,857 $ 1,567,111 Additions (2) 76,700 524,808 601,508 Disposals (3) — (3,000) (3,000) As at June 30, 2023 $ 1,357,954 $ 807,665 $ 2,165,619 Accumulated depletion and impairments As at January 1, 2023 $ (284,095) $ (54,845) $ (338,940) Depletion (22,061) (9,607) (31,668) As at June 30, 2023 $ (306,156) $ (64,452) $ (370,608) Carrying value $ 1,051,798 $ 743,213 $ 1,795,011 Mineral December 31, 2022 Streams Royalties Total (1) Cost As at January 1, 2022 $ 1,277,091 $ 234,476 $ 1,511,567 Additions (4) 4,163 53,782 57,945 Disposals (5) — (2,401) (2,401) As at December 31, 2022 $ 1,281,254 $ 285,857 $ 1,567,111 Accumulated depletion and impairments As at January 1, 2022 $ (244,506) $ (41,828) $ (286,334) Depletion (39,589) (9,417) (49,006) Impairment charges (6) — (3,600) (3,600) As at December 31, 2022 $ (284,095) $ (54,845) $ (338,940) Carrying value $ 997,159 $ 231,012 $ 1,228,171 1. Includes 1,186,455 (2022: $1,036,220 ) of depletable mineral interest and $608,556 (2022: $191,951 ) of non-depletable mineral interest. 2. Reflects acquisition of Maverix, including transaction costs that have been capitalized during the first quarter of 2023. In addition, Triple Flag acquired the Agbaou royalty in the second quarter of 2023 for $ 15,463 and funded an additional $ 3,667 for the Clean Air Metals royalty. 3. Reflects the Eastern Borosi royalty buy-down in the second quarter of 2023 which resulted in a loss of $ 1,000 . 4. Reflects NCU Royalty and Stream amendment, acquisition of Clean Air Metals royalty, Beaufor royalty, and Sofia royalty. Transaction costs incurred to date have been capitalized. 5. Reflects Talon royalty buy-down in 2022 which resulted in a gain of $2,099 . 6. Reflects impairment charge taken for the Beaufor royalty in 2022. Significant cash flowing mineral interests acquired as part of the Maverix acquisition includes (see Note 4): La Colorada La Colorada mine is a long life underground polymetallic mine located in Mexico. Under the stream agreement with Pan American Silver, operator of La Colorada mine, the Company receives 100% of the gold produced from the mine with an ongoing payment of $650 per ounce of gold. The stream is uncapped and has no buyback provisions. On acquisition, the fair value ascribed to the stream interest was $22,500, which was determined using a discounted cash flow model. Key assumptions used in the analysis were a 5% discount rate, long term consensus prices and an estimated mine life of 18 years. El Mochito El Mochito is a mine located in north-western Honduras. Under the stream arrangement with Kirungu, the operator of El Mochito mine, the Company receives 25% of the silver produced from the mine with an ongoing payment of 25% of spot silver price. The stream is uncapped and has no buyback provisions. On acquisition, the fair value ascribed to the stream interest was $24,300, which was determined using a discounted cash flow model. Key assumptions used in the analysis were a 5% discount rate, long term consensus prices and an estimated mine life of 9 years. Beta Hunt Beta Hunt mine is located in the prolific Kambalda mining district, located 600km from Perth, Western Australia. As part of the royalty agreement with Karora Resources, operator of Beta Hunt, the Company holds a 3.25% GRR and 1.5% NSR Royalty on gold and 1.5% NSR royalty on nickel. The royalty is uncapped and has no buyback provisions. On acquisition, the fair value ascribed to the royalty interest was $46,400, which was determined using a discounted cash flow model. Key assumptions used in the analysis were a 5% discount rate, long term consensus prices and an estimated mine life of 8 years. Camino Rojo Camino Rojo oxide gold mine is a gold and silver open-pit heap leach mine located in Mexico. As part of the royalty agreement with Orla Mining, operator of Camino Rojo, the Company holds a 2.0% NSR Royalty. The royalty is uncapped and has no buyback provisions. On acquisition, the fair value ascribed to the royalty interest was $27,400, which was determined using a discounted cash flow model. Key assumptions used in the analysis were 5% discount rate, long term consensus prices and an estimated mine life of 10 years.

Other assets

Other assets	6 Months Ended
Other assets	Jun. 30, 2023
Other assets
Other assets	9. Other assets As at June 30, 2023 December 31, 2022 Deferred charges – Credit Facility 1 $ 2,104 $ 2,445 Right-of-use asset 2 1,687 1,811 Leasehold improvements, furniture and fixtures 231 291 Total other assets $ 4,022 $ 4,547 1 Represents costs associated with the issuance and amendment of the Credit Facility. These costs are being amortized as a component of interest over the life of the Credit Facility. 2 Represents the asset recognized under IFRS 16. It relates to a lease entered into by the Company and is being amortized over the remaining life of the lease.

Long-term debt

Long-term debt	6 Months Ended
Long-term debt	Jun. 30, 2023
Long-term debt
Long-term debt	10. Long-term debt As at Long-term debt – January 1, 2023 $ — Revolving Credit Facility drawdown 115,000 Repayments (50,000) Long term debt - June 30, 2023 $ 65,000 Revolving Credit Facility On September 22, 2022, the Company extended the maturity of the $500,000 Credit Facility by four years, with a new maturity date of August 30, 2026 (the “ Credit Facility The Credit Facility is to be used for general corporate purposes and investments in the mineral industry, including the acquisition of mineral interests and other assets. The Credit Facility is secured by the Company’s assets, present and future (including mineral interests and other assets). Advances under the Credit Facility can be drawn as follows: ● Base rate loans with interest payable monthly at the greater of: (a) the aggregate of (i) the Federal Funds Effective Rate and (ii) 1/2 of 1.0% per annum and (b) the Base Rate Canada, plus between 0.75% and 1.75% per annum (December 31, 2022: 0.75% and 1.75% per annum) depending on the Company’s leverage ratio; or ● Term benchmark loans for periods of 1, 2, 3 or 6 months with interest payable at a rate of SOFR, plus between 1.75% and 2.75% per annum (December 31, 2022: SOFR, plus 1.75% and 2.75% per annum), depending on the Company’s leverage ratio. Finance costs, net relating to the Credit Facility for the three months ended June 30, 2023 were $1,269 (2022: $442) and for the six months ended June 30, 2023 were $2,578 (2022: $979), including amortization of debt issuance costs and standby fees. The Credit Facility includes covenants that require the Company to maintain certain financial ratios, including leverage ratios, as well as certain non-financial requirements. As at June 30, 2023, all such ratios and requirements were met.

Operating Expenses by Nature

Operating Expenses by Nature	6 Months Ended
Operating Expenses by Nature	Jun. 30, 2023
Operating Expenses by Nature
Operating Expenses by Nature	11. Operating expenses by nature 1 For the three months ended June 30 For the six months ended June 30 2023 2022 2023 2022 Employee costs 2,3 $ 4,059 $ 2,721 $ 7,223 $ 5,430 Office, insurance and other expenses 1,295 883 2,459 1,778 Professional services 3 519 776 3,345 1,298 Amortization 93 92 184 189 Total operating expenses $ 5,966 $ 4,472 $ 13,211 $ 8,695 1 Includes general administration costs and business development costs. 2 Includes share-based compensation expense of $ 1,276 for the three months ended June 30, 2023 (2022: $ 1,230 ) and $ 2,902 for the six months ended June 30, 2023 (2022: $ 2,566 ). 3 Certain costs have been presented within business development costs due to their nature.

Financial instruments

Financial instruments	6 Months Ended
Financial instruments	Jun. 30, 2023
Financial instruments
Financial instruments	12. Financial instruments The Company’s financial instruments include cash and cash equivalents, amounts receivable (excluding sales taxes and prepaid expenses), financial assets (including investments and prepaid gold interests), loans receivable, amounts payable and other liabilities, lease obligations and long-term debt. The cash and cash equivalents balance as at June 30, 2023 consists of cash on deposit with major Canadian and U.S. banks in interest bearing accounts totaling $16,438. The Company applies all of the requirements of IFRS 9 to its financial instruments. The approach in IFRS 9 is based on how an entity manages its financial instruments and the contractual cash flow characteristics of the financial asset. IFRS 9 introduced a single expected credit loss impairment model, which is based on changes in debt or credit quality since initial recognition. IFRS 9 applies an expected credit loss model to evaluate financial assets for impairment. The Company’s financial assets which are subject to credit risk include cash and cash equivalents, amounts receivable (excluding sales taxes and prepaid expenses) and loans receivable. The amounts receivable (excluding sales taxes and prepaid expenses) are carried at amortized cost and had a carrying value of $13,362 as at June 30, 2023 (December 31, 2022: $8,061). Considering the current turnover and credit risk associated with the amounts receivable (excluding sales taxes and prepaid expenses) and loans receivable, the application of the expected credit loss model did not have a significant impact on the Company’s financial assets, because the Company determined that the expected credit losses on its financial assets were nominal. To provide an indication of the reliability of the inputs used in determining fair value, the Company classifies its financial instruments into the three levels prescribed under the accounting standards. The fair value hierarchy establishes three levels to classify the inputs to valuation techniques used to measure fair value. Refer to Note 7 for additional details on investments that are measured at fair value. The carrying value of amounts receivable (excluding sales taxes and prepayments), cash and cash equivalents, financial assets (including investments and prepaid gold interests), loans receivable, amounts payable and other liabilities, lease obligations and long-term debt approximate their fair value. Financial assets and financial liabilities as at June 30, 2023 and December 31, 2022 were as follows: Financial Financial Assets Liabilities at amortized at amortized As at June 30, 2023 FVTPL cost cost Cash and cash equivalents $ — $ 16,438 $ — Amounts receivable 1 — 13,362 — Financial assets 49,061 — — Loans receivable — 39,181 — Amounts payable and other liabilities and lease obligation — — 9,388 Long-term debt — — 65,000 Total $ 49,061 $ 68,981 $ 74,388 Financial Financial Assets Liabilities at amortized at amortized As at December 31, 2022 FVTPL cost cost Cash and cash equivalents $ — $ 71,098 $ — Amounts receivable 1 — 8,061 — Financial assets 9,906 — — Loans receivable — 11,096 — Amounts payable and other liabilities and lease obligation — — 13,237 Total $ 9,906 $ 90,255 $ 13,237 1 Excluding expenses

Earnings per share - basic and

Earnings per share - basic and diluted	6 Months Ended
Earnings per share - basic and diluted	Jun. 30, 2023
Earnings per share - basic and diluted
Earnings per share - basic and diluted	13. Earnings per share - basic and diluted For the three months ended June 30 2023 2022 Basic Diluted Basic Diluted Net earnings $ 16,034 $ 16,034 $ 10,922 $ 10,922 Weighted average shares outstanding 202,041,353 202,383,167 156,013,993 156,044,014 Earnings per share $ 0.08 $ 0.08 $ 0.07 $ 0.07 For the six months ended June 30 2023 2022 Basic Diluted Basic Diluted Net earnings $ 32,568 $ 32,568 $ 26,811 $ 26,811 Weighted average shares outstanding 196,938,120 197,133,344 156,020,615 156,034,617 Earnings per share $ 0.17 $ 0.17 $ 0.17 $ 0.17

Share capital

Share capital	6 Months Ended
Share capital	Jun. 30, 2023
Share capital
Share capital	14. Share capital The Company is authorized to issue an unlimited number of common and preferred shares. As at June 30, 2023, the share capital comprises 201,928,136 common shares with no par value. Number of common shares Share Capital Balance at December 31, 2021 156,036,737 $ 1,253,013 Normal course issuer bid purchase of common shares (351,144) (2,819) Balance at December 31, 2022 155,685,593 $ 1,250,194 Issuance of shares pursuant to the Maverix acquisition 45,097,390 491,111 Exercise of stock options 256,799 493 Issuance of shares upon exercise of warrants 1 1,800,000 24,336 Normal course issuer bid purchase of common shares and ASPP (911,646) (7,312) Balance at June 30, 2023 201,928,136 $ 1,758,822 1 On April 12, 2023, the holder of 1,800,000 Triple Flag share warrants, exercised the warrants and acquired 1,800,000 Triple Flag shares at an exercise price of $9.11 per share. Normal Course Issuer Bid and Automatic Share Purchase Plan In November 2022, Triple Flag received approval from the TSX to renew its normal course issuer bid (“ NCIB On June 30, 2023, in connection with the NCIB, the Company entered into an Automatic Share Purchase Plan (“ ASPP Dividends For the three and six months ended June 30, 2023, the Company declared and paid dividends in United States dollars totaling $10,100 (2022: $7,411) and $20,142 (2022: $14,822), respectively. For the three six months DRIP

Revenue

Revenue	6 Months Ended
Revenue	Jun. 30, 2023
Revenue
Revenue	15. Revenue Revenue is comprised of the following: For the three months ended June 30 For the six months ended June 30 2023 2022 2023 2022 Revenue from contracts with customers Streaming and related interests Silver $ 15,696 $ 12,564 $ 36,540 $ 28,554 Gold 20,992 13,679 39,286 24,663 Other 1 2,191 2,514 4,326 5,091 Royalty Interests 13,712 7,733 22,708 15,937 Total revenues $ 52,591 $ 36,490 $ 102,860 $ 74,245 Stream and royalty interest revenues were mainly earned from the following mineral interests: For the three months ended June 30 For the six months ended June 30 2023 2022 2023 2022 Revenue from contracts with customers Streaming and related interests Cerro Lindo $ 8,012 $ 10,049 $ 21,987 $ 22,402 Altan Tsagaan Ovoo 5,617 4,846 11,727 5,616 Northparkes 9,006 6,340 14,195 13,210 Moss 2,952 — 5,946 — RBPlat 3,163 3,377 6,037 7,609 Buriticá 2,825 1,125 5,617 3,635 Auramet 2,390 — 4,850 — Renard 1,989 2,287 4,124 4,630 Other 2 2,925 733 5,669 1,206 $ 38,879 $ 28,757 $ 80,152 $ 58,308 Royalty Interests Fosterville $ 3,354 $ 4,517 $ 5,036 $ 8,587 Beta Hunt 2,853 — 4,687 — Young-Davidson 1,383 1,411 2,569 2,936 Other 3 6,122 1,805 10,416 4,414 $ 13,712 $ 7,733 $ 22,708 $ 15,937 Revenue from contracts with customers $ 52,591 $ 36,490 $ 102,860 $ 74,245 1 Consists of diamonds and copper 2 Includes revenue from El Mochito, Gunnison, La Colorada and Pumpkin Hollow. 3 Includes revenue from Dargues, Eagle River, Hemlo, Henty and Stawell and other royalties, including royalties acquired pursuant to the Maverix acquisition.

Segment disclosure

Segment disclosure	6 Months Ended
Segment disclosure	Jun. 30, 2023
Segment disclosure
Segment disclosure	16. Segment disclosure The Company’s business is organized into one single operating segment, consisting of acquiring and managing precious metal and other high-quality streams and royalties. The Company’s chief operating decision-maker, the CEO, makes capital allocation decisions, reviews operating results and assesses performance. Geographic revenues from the sale of metals and diamonds received or acquired from streams and related interests and royalties are determined by the location of the mining operations giving rise to the stream and related interests or royalties. For the three and six months ended June 30, 2023 and 2022, stream and royalty revenues were mainly earned from the following jurisdictions: Revenue by Geography For the three months ended June 30 For the six months ended June 30 2023 2022 2023 2022 Australia 1 $ 16,821 $ 12,338 $ 26,902 $ 25,630 United States 2 6,462 733 12,423 1,206 Peru 3 8,165 10,049 22,290 22,402 Canada 4 4,118 4,022 7,840 8,147 Mongolia 5 5,617 4,846 11,727 5,616 South Africa 5 3,163 3,377 6,037 7,609 Mexico 6 2,975 — 5,903 — Colombia 5 2,825 1,125 5,617 3,635 Others 7 2,445 — 4,121 — Total revenue $ 52,591 $ 36,490 $ 102,860 $ 74,245 1 Includes revenue from streams for the three months ended June 30, 2023 of $9,005 (2022: $6,340 ) and six months ended June 30, 2023 of $ 14,195 (2022: $ 13,210 ), revenue from royalties for the three months ended June 30, 2023 of $ 7,816 (2022: $ 5,998 ) and six months ended June 30, 2023 of $12,707 (2022: 12,420 ). 2 Includes revenue from streams for the three months ended June 30, 2023 of $5,546 (2022: $733 ) and six months ended June 30, 2023 of $ 10,998 (2022: $ 1,206 ), revenue from royalties for the three months ended June 30, 2023 of $ 916 (2022: nil ) and six months ended June 30, 2023 of $1,425 (2022: nil ). 3 Includes revenue from streams for the three months ended June 30, 2023 of $8,012 (2022: $10,049 ) and six months ended June 30, 2023 of $21,988 (2022: $ 22,402 ), revenue from royalties for the three months ended June 30, 2023 of $ 153 (2022: nil ) and six months ended June 30, 2023 of $ 302 (2022: nil ). 4 Includes revenue from streams for the three months ended June 30, 2023 of $1,989 (2022: $2,287 ) and six months ended June 30, 2023 of $ 4,124 (2022: $ 4,630 ), revenue from royalties for the three months ended June 30, 2023 of $ 2,129 (2022: $ 1,735 ) and six months ended June 30, 2023 of $3,716 (2022: $3,517 ). 5 All revenue from streams. 6 Includes revenue from streams for the three months ended June 30, 2023 of $ 1,389 (2022: nil ) and six months ended June 30, 2023 of $2,655 (2022: nil ), revenue from royalties for the three months ended June 30, 2023 of $1,586 (2022: nil ) and six months ended June 30, 2023 of $ 3,248 (2022: nil ). 7 Includes revenue from streams for the three months ended June 30, 2023 of $ 1,333 (2022: nil ) and six months ended June 30, 2023 of $ 2,811 (2022: nil ), revenue from royalties for the three months ended June 30, 2023 of $ 1,112 (2022: nil ) and six months ended June 30, 2023 of $1,310 (2022: nil ).

Key developments (Tables)

Key developments (Tables)	6 Months Ended
Key developments (Tables)	Jun. 30, 2023
Key developments
Schedule of total assets acquired, net of liabilities assumed	January 19, 2023 Cash and cash equivalents $ 4,080 Amounts receivable 5,869 Inventory 1,261 Financial Assets 47,494 Mineral Interest 587,817 Loan receivable 10,231 Amounts payable and other liabilities (11,133) Lease obligation (460) Income tax payable (351) Total assets acquired, net of liabilities assumed $ 644,808
Schedule of purchase consideration	Number of Triple Flag shares issued to Maverix shareholders 45,097,390 Value of Triple Flag shares issued to Maverix shareholders 491,111 Cash consideration paid to Maverix shareholders 86,666 Cash paid to retire Maverix credit facility 46,608 Maverix share options exchanged for Triple Flag replacement share options 1 6,709 Maverix warrants exercisable for 1,800,000 Triple Flag shares 7,938 Transaction costs 5,776 Purchase consideration $ 644,808 1

Amounts receivable and prepai_2

Amounts receivable and prepaid expenses (Tables)	6 Months Ended
Amounts receivable and prepaid expenses (Tables)	Jun. 30, 2023
Amounts receivable and prepaid expenses
Schedule of amounts receivable and prepaid expenses	As at June 30, 2023 December 31, 2022 Royalties receivable $ 12,706 $ 7,510 Other receivables 656 551 Prepaid expenses 477 1,306 Sales tax recoverable 964 236 Total amounts receivable and prepaid expenses $ 14,803 $ 9,603

Loans receivable (Tables)

Loans receivable (Tables)	6 Months Ended
Loans receivable (Tables)	Jun. 30, 2023
Loans receivable
Schedule of loans receivable	As at June 30, 2023 December 31, 2022 Bridge Financing - Stornoway Diamonds 1 $ 11,557 $ 11,096 Convertible Debenture – Excelsior Mining 2 1,524 — Loan Receivable – Nevada Copper 3 8,373 — Loan Receivable – Elevation Gold 4 17,727 — Total Loans receivable $ 39,181 $ 11,096 Current portion 2,000 — Loans Receivable - Long-term $ 37,181 $ 11,096 1 Represents a receivable under a bridge financing facility provided by certain secured lenders, including the Company, in June 2019 to Stornoway and certain of its subsidiaries. The loan bears interest at 8.25 % per annum, which is calculated and compounded monthly and is capitalized until repayment. The increase in the loan balance during the six months ended June 30, 2023 represents interest accrued on the loan. 2 On February 9, 2023, Triple Flag invested $1,500 in Excelsior Mining Corp (“ Excelsior ”) in the form of a Convertible Debenture (“ Debenture ”). The Debenture matures on February 9, 2026 and carries interest at 10% . Interest is payable in cash or in Excelsior Shares, at the election of Triple Flag. The Debenture also has a conversion feature whereby Triple Flag has the option to convert it into Excelsior shares prior to maturity. 3 In connection with the Nevada Copper restart financing package for operations at the Pumpkin Hollow mine, its senior credit facility was amended on October 28, 2022, to provide for a new tranche of up to $25,000 . The Company made a $2,500 payment on each of February 22, 2023 and March 13, 2023, respectively. Pursuant to the binding financing package agreement dated May 9, 2023, entered with Triple Flag, Pala Investments Limited and Mercuria Energy Holdings (Singapore) Pte. Ltd, Triple Flag funded an additional $3,333 to Nevada Copper during the second quarter of 2023. The loan carries interest at SOFR plus an adjustment spread and a fixed margin, at the time funds were advanced. The loan matures on July 31, 2029 and can be repaid prior to maturity with no penalty. 4 In conjunction with the acquisition of Maverix, Triple Flag acquired a loan receivable from Elevation Gold (“ Elevation ”) and subsequently provided an additional $2,000 loan during the first quarter of 2023. On May 15, 2023, Triple Flag entered into an amended and restated loan agreement with Elevation and subsequently provided an additional $5,500 loan during the second quarter of 2023. Under the terms of the amended and restated agreement, interest accrues at an interest rate of 10% per annum, payable quarterly. A $1,500 principal payment is due on or before December 15, 2023, with subsequent principal payments of $250 due quarterly until December 15, 2024. The balance of principal payable is due on or before February 28, 2025.

Financial assets (Tables)

Financial assets (Tables)	6 Months Ended
Financial assets (Tables)	Jun. 30, 2023
Financial assets.
Schedule of financial assets	As at June 30, 2023 December 31, 2022 Investments 1 $ 8,085 $ 5,372 Prepaid gold interests – Steppe Gold 2 — 4,534 Prepaid gold interests – Auramet Capital Partners 3 40,976 — Total financial assets $ 49,061 $ 9,906 Financial assets – current 15,474 9,906 Financial assets – long-term $ 33,587 $ — 1 Investments comprise equity interests and warrants in publicly traded and private companies and have been recorded at fair value. The fair value of the public equity investments is classified as level 1 of the fair value hierarchy because the main valuation inputs used are quoted prices in active markets, the fair value of the warrants is classified as level 2 because one or more of the significant inputs are based on observable market data, and the fair value of the private equity investments is classified as level 3 of the fair value hierarchy because the relevant observable inputs are not available. Refer to Note 12 for additional details. During the first quarter of 2023, the Company subscribed to 15,384,615 shares of Monarch Corporation for C $1,000 through a private placement. 2 On September 26, 2022, the Company entered into an agreement with Steppe Gold to acquire a prepaid gold interest. The Company made a cash payment of $4,800 to acquire the prepaid gold interest in exchange for delivery of 3,000 ounces of gold that were delivered by Steppe Gold in 8 month ly deliveries. The final delivery was made in May 2023. The Steppe Gold Prepaid Gold Interest was accounted for as a financial asset at fair value through profit or loss and fair value was calculated based on the London Bullion Market Association PM fix on the last trading day of the quarter. 3 On January 19, 2023, as part of the Maverix acquisition, the Company acquired a prepaid gold interest with Auramet Capital Partners, L.P., a subsidiary of Auramet International LLC. The contract requires Auramet to deliver 1,250 ounces of gold to Triple Flag per quarter. Triple Flag is required to make ongoing cash payments equal to 16% of the spot gold price for each gold ounce delivered. On and after ten years and 50,000 ounces of gold have been delivered (since inception), Auramet shall have the option to terminate the stream for a cash payment of $5,000 less certain cash flows related to the gold deliveries. The Auramet Prepaid Gold Interest is accounted for as a financial asset at fair value through profit or loss. The remaining contractual ounces to be delivered as of June 30, 2023 is 40,000 ounces of gold.

Mineral interests (Tables)

Mineral interests (Tables)	6 Months Ended
Mineral interests (Tables)	Jun. 30, 2023
Mineral interests
Schedule of mineral interests	Mineral June 30, 2023 Streams Royalties Total (1) Cost As at January 1, 2023 $ 1,281,254 $ 285,857 $ 1,567,111 Additions (2) 76,700 524,808 601,508 Disposals (3) — (3,000) (3,000) As at June 30, 2023 $ 1,357,954 $ 807,665 $ 2,165,619 Accumulated depletion and impairments As at January 1, 2023 $ (284,095) $ (54,845) $ (338,940) Depletion (22,061) (9,607) (31,668) As at June 30, 2023 $ (306,156) $ (64,452) $ (370,608) Carrying value $ 1,051,798 $ 743,213 $ 1,795,011 Mineral December 31, 2022 Streams Royalties Total (1) Cost As at January 1, 2022 $ 1,277,091 $ 234,476 $ 1,511,567 Additions (4) 4,163 53,782 57,945 Disposals (5) — (2,401) (2,401) As at December 31, 2022 $ 1,281,254 $ 285,857 $ 1,567,111 Accumulated depletion and impairments As at January 1, 2022 $ (244,506) $ (41,828) $ (286,334) Depletion (39,589) (9,417) (49,006) Impairment charges (6) — (3,600) (3,600) As at December 31, 2022 $ (284,095) $ (54,845) $ (338,940) Carrying value $ 997,159 $ 231,012 $ 1,228,171 1. Includes 1,186,455 (2022: $1,036,220 ) of depletable mineral interest and $608,556 (2022: $191,951 ) of non-depletable mineral interest. 2. Reflects acquisition of Maverix, including transaction costs that have been capitalized during the first quarter of 2023. In addition, Triple Flag acquired the Agbaou royalty in the second quarter of 2023 for $ 15,463 and funded an additional $ 3,667 for the Clean Air Metals royalty. 3. Reflects the Eastern Borosi royalty buy-down in the second quarter of 2023 which resulted in a loss of $ 1,000 . 4. Reflects NCU Royalty and Stream amendment, acquisition of Clean Air Metals royalty, Beaufor royalty, and Sofia royalty. Transaction costs incurred to date have been capitalized. 5. Reflects Talon royalty buy-down in 2022 which resulted in a gain of $2,099 . 6. Reflects impairment charge taken for the Beaufor royalty in 2022.

Other assets (Tables)

Other assets (Tables)	6 Months Ended
Other assets (Tables)	Jun. 30, 2023
Other assets
Schedule of other assets	As at June 30, 2023 December 31, 2022 Deferred charges – Credit Facility 1 $ 2,104 $ 2,445 Right-of-use asset 2 1,687 1,811 Leasehold improvements, furniture and fixtures 231 291 Total other assets $ 4,022 $ 4,547 1 Represents costs associated with the issuance and amendment of the Credit Facility. These costs are being amortized as a component of interest over the life of the Credit Facility. 2 Represents the asset recognized under IFRS 16. It relates to a lease entered into by the Company and is being amortized over the remaining life of the lease.

Long-term debt (Tables)

Long-term debt (Tables)	6 Months Ended
Long-term debt (Tables)	Jun. 30, 2023
Long-term debt
Schedule of long-term debt	As at Long-term debt – January 1, 2023 $ — Revolving Credit Facility drawdown 115,000 Repayments (50,000) Long term debt - June 30, 2023 $ 65,000

Operating Expenses by Nature (T

Operating Expenses by Nature (Tables)	6 Months Ended
Operating Expenses by Nature (Tables)	Jun. 30, 2023
Operating Expenses by Nature
Schedule of operating expenses by nature	For the three months ended June 30 For the six months ended June 30 2023 2022 2023 2022 Employee costs 2,3 $ 4,059 $ 2,721 $ 7,223 $ 5,430 Office, insurance and other expenses 1,295 883 2,459 1,778 Professional services 3 519 776 3,345 1,298 Amortization 93 92 184 189 Total operating expenses $ 5,966 $ 4,472 $ 13,211 $ 8,695 1 Includes general administration costs and business development costs. 2 Includes share-based compensation expense of $ 1,276 for the three months ended June 30, 2023 (2022: $ 1,230 ) and $ 2,902 for the six months ended June 30, 2023 (2022: $ 2,566 ). 3 Certain costs have been presented within business development costs due to their nature.

Financial instruments (Tables)

Financial instruments (Tables)	6 Months Ended
Financial instruments (Tables)	Jun. 30, 2023
Financial instruments
Summary of financial assets and financial liabilities	Financial Financial Assets Liabilities at amortized at amortized As at June 30, 2023 FVTPL cost cost Cash and cash equivalents $ — $ 16,438 $ — Amounts receivable 1 — 13,362 — Financial assets 49,061 — — Loans receivable — 39,181 — Amounts payable and other liabilities and lease obligation — — 9,388 Long-term debt — — 65,000 Total $ 49,061 $ 68,981 $ 74,388 Financial Financial Assets Liabilities at amortized at amortized As at December 31, 2022 FVTPL cost cost Cash and cash equivalents $ — $ 71,098 $ — Amounts receivable 1 — 8,061 — Financial assets 9,906 — — Loans receivable — 11,096 — Amounts payable and other liabilities and lease obligation — — 13,237 Total $ 9,906 $ 90,255 $ 13,237 1 Excluding expenses

Earnings per share - basic an_2

Earnings per share - basic and diluted (Tables)	6 Months Ended
Earnings per share - basic and diluted (Tables)	Jun. 30, 2023
Earnings per share - basic and diluted
Summary of earnings per share - basic and diluted	For the three months ended June 30 2023 2022 Basic Diluted Basic Diluted Net earnings $ 16,034 $ 16,034 $ 10,922 $ 10,922 Weighted average shares outstanding 202,041,353 202,383,167 156,013,993 156,044,014 Earnings per share $ 0.08 $ 0.08 $ 0.07 $ 0.07 For the six months ended June 30 2023 2022 Basic Diluted Basic Diluted Net earnings $ 32,568 $ 32,568 $ 26,811 $ 26,811 Weighted average shares outstanding 196,938,120 197,133,344 156,020,615 156,034,617 Earnings per share $ 0.17 $ 0.17 $ 0.17 $ 0.17

Share capital (Tables)

Share capital (Tables)	6 Months Ended
Share capital (Tables)	Jun. 30, 2023
Share capital
Schedule of share capital	Number of common shares Share Capital Balance at December 31, 2021 156,036,737 $ 1,253,013 Normal course issuer bid purchase of common shares (351,144) (2,819) Balance at December 31, 2022 155,685,593 $ 1,250,194 Issuance of shares pursuant to the Maverix acquisition 45,097,390 491,111 Exercise of stock options 256,799 493 Issuance of shares upon exercise of warrants 1 1,800,000 24,336 Normal course issuer bid purchase of common shares and ASPP (911,646) (7,312) Balance at June 30, 2023 201,928,136 $ 1,758,822 1 On April 12, 2023, the holder of 1,800,000 Triple Flag share warrants, exercised the warrants and acquired 1,800,000 Triple Flag shares at an exercise price of $9.11 per share.

Revenue (Tables)

Revenue (Tables)	6 Months Ended
Revenue (Tables)	Jun. 30, 2023
Revenue
Summary of total revenues	For the three months ended June 30 For the six months ended June 30 2023 2022 2023 2022 Revenue from contracts with customers Streaming and related interests Silver $ 15,696 $ 12,564 $ 36,540 $ 28,554 Gold 20,992 13,679 39,286 24,663 Other 1 2,191 2,514 4,326 5,091 Royalty Interests 13,712 7,733 22,708 15,937 Total revenues $ 52,591 $ 36,490 $ 102,860 $ 74,245 For the three months ended June 30 For the six months ended June 30 2023 2022 2023 2022 Revenue from contracts with customers Streaming and related interests Cerro Lindo $ 8,012 $ 10,049 $ 21,987 $ 22,402 Altan Tsagaan Ovoo 5,617 4,846 11,727 5,616 Northparkes 9,006 6,340 14,195 13,210 Moss 2,952 — 5,946 — RBPlat 3,163 3,377 6,037 7,609 Buriticá 2,825 1,125 5,617 3,635 Auramet 2,390 — 4,850 — Renard 1,989 2,287 4,124 4,630 Other 2 2,925 733 5,669 1,206 $ 38,879 $ 28,757 $ 80,152 $ 58,308 Royalty Interests Fosterville $ 3,354 $ 4,517 $ 5,036 $ 8,587 Beta Hunt 2,853 — 4,687 — Young-Davidson 1,383 1,411 2,569 2,936 Other 3 6,122 1,805 10,416 4,414 $ 13,712 $ 7,733 $ 22,708 $ 15,937 Revenue from contracts with customers $ 52,591 $ 36,490 $ 102,860 $ 74,245 1 Consists of diamonds and copper 2 Includes revenue from El Mochito, Gunnison, La Colorada and Pumpkin Hollow. 3 Includes revenue from Dargues, Eagle River, Hemlo, Henty and Stawell and other royalties, including royalties acquired pursuant to the Maverix acquisition.

Segment disclosure (Tables)

Segment disclosure (Tables)	6 Months Ended
Segment disclosure (Tables)	Jun. 30, 2023
Segment disclosure
Schedule of Revenue by Geography	For the three months ended June 30 For the six months ended June 30 2023 2022 2023 2022 Australia 1 $ 16,821 $ 12,338 $ 26,902 $ 25,630 United States 2 6,462 733 12,423 1,206 Peru 3 8,165 10,049 22,290 22,402 Canada 4 4,118 4,022 7,840 8,147 Mongolia 5 5,617 4,846 11,727 5,616 South Africa 5 3,163 3,377 6,037 7,609 Mexico 6 2,975 — 5,903 — Colombia 5 2,825 1,125 5,617 3,635 Others 7 2,445 — 4,121 — Total revenue $ 52,591 $ 36,490 $ 102,860 $ 74,245 1 Includes revenue from streams for the three months ended June 30, 2023 of $9,005 (2022: $6,340 ) and six months ended June 30, 2023 of $ 14,195 (2022: $ 13,210 ), revenue from royalties for the three months ended June 30, 2023 of $ 7,816 (2022: $ 5,998 ) and six months ended June 30, 2023 of $12,707 (2022: 12,420 ). 2 Includes revenue from streams for the three months ended June 30, 2023 of $5,546 (2022: $733 ) and six months ended June 30, 2023 of $ 10,998 (2022: $ 1,206 ), revenue from royalties for the three months ended June 30, 2023 of $ 916 (2022: nil ) and six months ended June 30, 2023 of $1,425 (2022: nil ). 3 Includes revenue from streams for the three months ended June 30, 2023 of $8,012 (2022: $10,049 ) and six months ended June 30, 2023 of $21,988 (2022: $ 22,402 ), revenue from royalties for the three months ended June 30, 2023 of $ 153 (2022: nil ) and six months ended June 30, 2023 of $ 302 (2022: nil ). 4 Includes revenue from streams for the three months ended June 30, 2023 of $1,989 (2022: $2,287 ) and six months ended June 30, 2023 of $ 4,124 (2022: $ 4,630 ), revenue from royalties for the three months ended June 30, 2023 of $ 2,129 (2022: $ 1,735 ) and six months ended June 30, 2023 of $3,716 (2022: $3,517 ). 5 All revenue from streams. 6 Includes revenue from streams for the three months ended June 30, 2023 of $ 1,389 (2022: nil ) and six months ended June 30, 2023 of $2,655 (2022: nil ), revenue from royalties for the three months ended June 30, 2023 of $1,586 (2022: nil ) and six months ended June 30, 2023 of $ 3,248 (2022: nil ). 7 Includes revenue from streams for the three months ended June 30, 2023 of $ 1,333 (2022: nil ) and six months ended June 30, 2023 of $ 2,811 (2022: nil ), revenue from royalties for the three months ended June 30, 2023 of $ 1,112 (2022: nil ) and six months ended June 30, 2023 of $1,310 (2022: nil ).

Critical accounting estimates_2

Critical accounting estimates and judgments (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2023 USD ($)
Critical accounting estimates and judgments
Impairment	$ 0

Key developments - Assets acqui

Key developments - Assets acquired, net of liabilities assumed (Details) - Maverix Metals Inc $ in Thousands	Jan. 19, 2023 USD ($)
Acquisition of Agbaou Royalty and Maverix Metals Inc.
Cash and cash equivalents	$ 4,080
Amounts receivable	5,869
Inventory	1,261
Financial Assets	47,494
Mineral Interest	587,817
Loan receivable	10,231
Amounts payable and other liabilities	(11,133)
Lease obligation	(460)
Income tax payable	(351)
Total assets acquired, net of liabilities assumed	$ 644,808

Key developments - Purchase con

Key developments - Purchase consideration (Details) - Maverix Metals Inc $ in Thousands	Jan. 19, 2023 USD ($) shares
Acquisition of Agbaou Royalty and Maverix Metals Inc.
Number of Triple Flag shares issued to Maverix shareholders	45,097,390
Value of Triple Flag shares issued to Maverix shareholders	$ 491,111
Cash consideration paid to Maverix shareholders	86,666
Cash paid to retire Maverix credit facility	46,608
Maverix share options exchanged for Triple Flag replacement share options	6,709
Maverix warrants exercisable for 1,800,000 Triple Flag shares	7,938
Transaction costs	5,776
Purchase consideration	$ 644,808
Shares issued upon exercise of warrants \| shares	1,800,000

Key developments - Additional i

Key developments - Additional information (Details) - USD ($) $ / shares in Units, $ in Thousands	Jun. 23, 2023	Jun. 30, 2023	Apr. 12, 2023	Jan. 19, 2023
Acquisition of Agbaou Royalty and Maverix Metals Inc.
Exercise price of Warrants per share			$ 9.11
Agbaou Royalty \| Auramet
Acquisition of Agbaou Royalty and Maverix Metals Inc.
Percentage of NSR	2.50%
Total consideration	$ 15,463	$ 15,463
Cash payment	$ 13,500
Maverix Metals Inc
Acquisition of Agbaou Royalty and Maverix Metals Inc.
Exercise price of Warrants per share				$ 9.11
Shares issued upon exercise of warrants				1,800,000
Cash consideration paid to Maverix shareholders				$ 86,666
Number of Triple Flag shares issued to Maverix shareholders				45,097,390
Transaction costs				$ 5,776
Mineral Interest				587,817
Other net assets acquired				68,935
Liabilities assumed				$ 11,944
Maverix Metals Inc \| Maximum
Acquisition of Agbaou Royalty and Maverix Metals Inc.
Percentage of cash consideration on total consideration				15%
Percentage of share consideration on total consideration				85%
Maverix Metals Inc \| Marverix Warrants
Acquisition of Agbaou Royalty and Maverix Metals Inc.
Warrants outstanding				5,000,000
Exercise price of Warrants per share				$ 3.28
Maverix Metals Inc \| Maverix Shareholders
Acquisition of Agbaou Royalty and Maverix Metals Inc.
Option to receive shares of acquirer, per share				0.36
Option to receive cash per share				$ 3.92

Amounts receivable and prepai_3

Amounts receivable and prepaid expenses (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Amounts receivable and prepaid expenses
Royalties receivable	$ 12,706	$ 7,510
Other receivables	656	551
Prepaid expenses	477	1,306
Sales tax recoverable	964	236
Total amounts receivable and prepaid expenses	$ 14,803	$ 9,603
Royalties receivable, collectability period (in days)	45 days

Loans receivable (Details)

Loans receivable (Details) - USD ($) $ in Thousands					3 Months Ended		9 Months Ended
Loans receivable (Details) - USD ($) $ in Thousands	Dec. 15, 2023	Mar. 13, 2023	Feb. 22, 2023	Feb. 09, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 15, 2024	Dec. 31, 2022	Oct. 28, 2022
Loans receivable
Total loans receivable					$ 39,181			$ 11,096
Current portion					2,000
Loans Receivable - Long-term					37,181			11,096
Bridge Financing - Stornoway Diamonds
Loans receivable
Total loans receivable					$ 11,557			$ 11,096
Interest rate (percent)					8.25%
Convertible Debenture - Excelsior Mining
Loans receivable
Total loans receivable					$ 1,524
Interest rate (percent)					10%
Amount invested				$ 1,500
Loan Receivable - Nevada Copper
Loans receivable
Total loans receivable					$ 8,373
Penalty on prepayment of loan					0
Additional loan provided		$ 2,500	$ 2,500		3,333
Loan Receivable - Nevada Copper \| Nevada Copper
Loans receivable
Senior credit facility, maximum borrowing capacity under the new tranche									$ 25,000
Loan Receivable - Elevation Gold
Loans receivable
Total loans receivable					$ 17,727
Interest rate (percent)					10%
Additional loan provided					$ 5,500	$ 2,000
Principal payment due	$ 1,500
Subsequent quarterly principal payments							$ 250

Financial assets (Details)

Financial assets (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Financial assets
Total financial assets	$ 49,061	$ 9,906
Financial assets - current	15,474	9,906
Financial assets - long-term	33,587
Investments
Financial assets
Investments	8,085	5,372
Prepaid gold interests - Steppe Gold
Financial assets
Prepaid gold interest		$ 4,534
Prepaid gold interests - Auramet Capital Partners
Financial assets
Prepaid gold interest	$ 40,976

Financial assets - Additional i

Financial assets - Additional information (Details) $ in Thousands, $ in Thousands				3 Months Ended			6 Months Ended
	Jun. 30, 2023 oz	Jan. 19, 2023 USD ($) oz	Sep. 26, 2022 USD ($) oz	Jun. 30, 2023 USD ($)	Mar. 31, 2023 CAD ($) shares	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)
Financial assets
Payments to acquire prepaid gold interest				$ 8,833			$ 17,333
Gain (loss) as a result of changes in fair value of financial assets				$ 954		$ 3,834	$ (2,699)	$ 4,492
Investments \| Monarch Corporation
Financial assets
Number of shares subscribed \| shares					15,384,615
Payments to acquire shares in a private placement					$ 1,000
Prepaid gold interests - Steppe Gold
Financial assets
Payments to acquire prepaid gold interest			$ 4,800
Ounces of gold to be received \| oz			3,000
Period to deliver gold			8 months
Prepaid gold interests - Auramet Capital Partners
Financial assets
Ounces of gold to be received \| oz	40,000	1,250
Percentage of spot gold price for each ounce of gold delivered as ongoing payments		16%
Period after which the Auramet shall have the option to terminate the stream		10 years
Ounces of delivered gold after which the Auramet shall have the option to terminate the stream \| oz		50,000
Cash payment to be made by the Auramet to terminate the stream		$ 5,000

Mineral interests (Details)

Mineral interests (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended		12 Months Ended
Mineral interests (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Mineral interests
As at beginning		$ 1,228,171
As at ending	$ 1,795,011	1,795,011		$ 1,228,171
Depletable mineral interest	1,186,455	1,186,455		1,036,220
Non-depletable mineral interest	608,556	608,556		191,951
Gain (loss) on disposition of mineral interests	(1,000)	(1,000)	$ 2,099
Clean Air Metals royalty
Mineral interests
Additional funding	3,667
Talon royalty
Mineral interests
Gain (loss) on disposition of mineral interests		2,099
Eastern Borosi royalty
Mineral interests
Loss on disposition of mineral interests	1,000
Cost
Mineral interests
As at beginning		1,567,111	1,511,567	1,511,567
Additions		601,508		57,945
Disposals		(3,000)		(2,401)
As at ending	2,165,619	2,165,619		1,567,111
Accumulated depletion and impairments
Mineral interests
As at beginning		(338,940)	(286,334)	(286,334)
Depletion		(31,668)		(49,006)
Impairment charges				(3,600)
As at ending	(370,608)	(370,608)		(338,940)
Mineral Streams
Mineral interests
As at beginning		997,159
As at ending	1,051,798	1,051,798		997,159
Mineral Streams \| Cost
Mineral interests
As at beginning		1,281,254	1,277,091	1,277,091
Additions		76,700		4,163
As at ending	1,357,954	1,357,954		1,281,254
Mineral Streams \| Accumulated depletion and impairments
Mineral interests
As at beginning		(284,095)	(244,506)	(244,506)
Depletion		(22,061)		(39,589)
As at ending	(306,156)	(306,156)		(284,095)
Royalties
Mineral interests
As at beginning		231,012
As at ending	743,213	743,213		231,012
Royalties \| Cost
Mineral interests
As at beginning		285,857	234,476	234,476
Additions		524,808		53,782
Disposals		(3,000)		(2,401)
As at ending	807,665	807,665		285,857
Royalties \| Accumulated depletion and impairments
Mineral interests
As at beginning		(54,845)	$ (41,828)	(41,828)
Depletion		(9,607)		(9,417)
Impairment charges				(3,600)
As at ending	$ (64,452)	$ (64,452)		$ (54,845)

Mineral interests - Additional

Mineral interests - Additional information (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2023 USD ($)
La Colorada mine
Mineral interests
Percentage of gold produced to be received	100%
Ongoing payment per ounce of gold to be made	$ 650
Fair value ascribed to the stream interest	$ 22,500
Discount rate percentage	5%
Estimated mine life	18 years
El Mochito mine
Mineral interests
Percentage of silver produced to be received	25%
Ongoing payment to be made as a percentage of spot silver price	25%
Fair value ascribed to the stream interest	$ 24,300
Discount rate percentage	5%
Estimated mine life	9 years
Beta Hunt mine
Mineral interests
Gross Revenue Return, percentage	3.25%
NSR royalty on gold, percentage	1.50%
NSR royalty on Nickel, percentage	1.50%
Fair value ascribed to the stream interest	$ 46,400
Discount rate percentage	5%
Estimated mine life	8 years
Camino Rojo mine
Mineral interests
NSR royalty to be received, percentage	2%
Fair value ascribed to the stream interest	$ 27,400
Discount rate percentage	5%
Estimated mine life	10 years

Other assets (Details)

Other assets (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Other assets
Deferred charges - Credit Facility	$ 2,104	$ 2,445
Right-of-use asset	1,687	1,811
Leasehold improvements, furniture and fixtures	231	291
Total other assets	$ 4,022	$ 4,547

Long-term debt (Details)

Long-term debt (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
Long-term debt (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2023
Long-term debt
Revolving Credit Facility drawdown	$ 5,000	$ 115,000
Repayments	(20,000)	(50,000)
Long-term debt	$ 65,000	$ 65,000

Long-term debt - Additional inf

Long-term debt - Additional information (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
	Sep. 22, 2022	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Long-term debt
Long-term debt		$ 65,000		$ 65,000
Revolving credit facility
Long-term debt
Notional amount	$ 500,000
Extension in maturity term of borrowings	4 years
Working capital facility	$ 700,000
Finance costs, net		$ 1,269	$ 442	$ 2,578	$ 979
Revolving credit facility \| Minimum
Long-term debt
Uncommitted Accordion Amount	100,000
Revolving credit facility \| Maximum
Long-term debt
Uncommitted Accordion Amount	$ 200,000
Revolving credit facility \| Federal Funds Effective Rate
Long-term debt
Additional interest added to the base rate (in percent)		0.50%		0.50%
Revolving credit facility \| Base rate canada \| Minimum
Long-term debt
Additional interest added to the base rate (in percent)		0.75%		0.75%		0.75%
Revolving credit facility \| Base rate canada \| Maximum
Long-term debt
Additional interest added to the base rate (in percent)		1.75%		1.75%		1.75%
Revolving credit facility \| SOFR loan \| Minimum
Long-term debt
Additional interest added to the base rate (in percent)		1.75%		1.75%		1.75%
Revolving credit facility \| SOFR loan \| Maximum
Long-term debt
Additional interest added to the base rate (in percent)		2.75%		2.75%		2.75%

Operating Expenses by Nature (D

Operating Expenses by Nature (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Operating Expenses by Nature
Employee costs	$ 4,059	$ 2,721	$ 7,223	$ 5,430
Office, insurance and other expenses	1,295	883	2,459	1,778
Professional services	519	776	3,345	1,298
Amortization	93	92	184	189
Total operating expenses	5,966	4,472	13,211	8,695
Share-based compensation expense	$ 1,276	$ 1,230	$ 2,902	$ 2,566

Financial instruments - Financi

Financial instruments - Financial assets and financial liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Financial instruments
Cash and cash equivalents balance	$ 16,438
Financial Liabilities at amortized cost
Financial instruments
Financial Liabilities at amortized cost	74,388	$ 13,237
FVTPL
Financial instruments
FVTPL	49,061	9,906
Financial Assets at amortized cost
Financial instruments
Financial Assets at amortized cost	68,981	90,255
Cash and cash equivalents \| Financial Assets at amortized cost
Financial instruments
Financial Assets at amortized cost	16,438	71,098
Amounts receivable (excluding sales taxes and prepaid expenses)
Financial instruments
Financial Assets at amortized cost	13,362	8,061
Amounts receivable \| Financial Assets at amortized cost
Financial instruments
Financial Assets at amortized cost	13,362	8,061
Financial assets \| FVTPL
Financial instruments
FVTPL	49,061	9,906
Loans receivable \| Financial Assets at amortized cost
Financial instruments
Financial Assets at amortized cost	39,181	11,096
Amounts payable and other liabilities and lease obligation \| Financial Liabilities at amortized cost
Financial instruments
Financial Liabilities at amortized cost	9,388	$ 13,237
Long-term debt \| Financial Liabilities at amortized cost
Financial instruments
Financial Liabilities at amortized cost	$ 65,000

Earnings per share - basic an_3

Earnings per share - basic and diluted (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Earnings per share - basic and diluted
Net earnings, Basic	$ 16,034	$ 10,922	$ 32,568	$ 26,811
Net earnings, Diluted	$ 16,034	$ 10,922	$ 32,568	$ 26,811
Weighted average shares outstanding, Basic	202,041,353	156,013,993	196,938,120	156,020,615
Weighted average shares outstanding, Diluted	202,383,167	156,044,014	197,133,344	156,034,617
Earnings per share - Basic	$ 0.08	$ 0.07	$ 0.17	$ 0.17
Earnings per share - Diluted	$ 0.08	$ 0.07	$ 0.17	$ 0.17

Share capital (Details)

Share capital (Details)	Jun. 30, 2023 $ / shares shares
Share capital
Number of shares outstanding \| shares	201,928,136
Par value \| $ / shares	$ 0

Share capital, tabular (Details

Share capital, tabular (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended	6 Months Ended		12 Months Ended
	Apr. 12, 2023	Jun. 30, 2023	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Number of common shares
Normal course issuer bid purchase of common shares (in shares)		(720,440)	(911,646)
Issuance of shares upon exercise of warrants (in shares)	1,800,000
Balance at ending (in shares)		201,928,136	201,928,136
Share Capital
Normal course issuer bid purchase of common shares		$ (10,505)	$ (13,075)	$ (331)
Issuance of shares upon exercise of warrants			16,398
Exercise of stock options			$ 493
Number of warrants exercised	1,800,000
Exercise price	$ 9.11
Issued capital
Number of common shares
Balance at beginning (in shares)			155,685,593	156,036,737	156,036,737
Normal course issuer bid purchase of common shares (in shares)			(911,646)	(26,808)	(351,144)
Issuance of shares pursuant to the Maverix acquisition (in shares)			45,097,390
Exercise of stock options (in shares)			256,799
Issuance of shares upon exercise of warrants (in shares)			1,800,000
Normal course issuer bid purchase of common shares and ASPP (in shares)			(911,646)
Balance at ending (in shares)		201,928,136	201,928,136	156,009,929	155,685,593
Share Capital
Balance at beginning			$ 1,250,194	$ 1,253,013	$ 1,253,013
Normal course issuer bid purchase of common shares			(7,312)	$ (215)	(2,819)
Issuance of shares pursuant to the Maverix acquisition			491,111
Issuance of shares upon exercise of warrants			24,336
Exercise of stock options			493
Normal course issuer bid purchase of common shares and ASPP			(7,312)
Balance at ending		$ 1,758,822	$ 1,758,822		$ 1,250,194

Share capital - Normal Course I

Share capital - Normal Course Issuer Bid and Automatic Share Purchase Plan (Details) - USD ($) $ in Thousands		3 Months Ended	6 Months Ended			12 Months Ended
	Nov. 14, 2023	Jun. 30, 2023	Jun. 30, 2023	Oct. 31, 2022	Jun. 30, 2022	Dec. 31, 2022	Nov. 30, 2022
Share capital
Number of shares authorized to be repurchased per day	9,186
Number of shares authorized to be repurchased							2,000,000
Percentage of average daily trading volume of the common shares that can be repurchased				25%
Average daily trading volume of the common shares				36,744
Repurchase of common shares under NCIB (in shares)		720,440	911,646
Repurchase of common shares under NCIB		$ 10,505	$ 13,075		$ 331
Remaining number of shares authorized to be repurchased		919,332	919,332
Recorded liability reflecting obligation to purchase shares under ASPP			$ (1,300)
Share Capital
Share capital
Repurchase of common shares under NCIB (in shares)			911,646		26,808	351,144
Repurchase of common shares under NCIB			$ 7,312		$ 215	$ 2,819

Share capital - Dividends (Deta

Share capital - Dividends (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Share capital
Dividends declared	$ 10,100	$ 7,411	$ 20,142	$ 14,822
Dividends paid	$ 10,100	$ 7,411	$ 20,142	$ 14,822
Number of shares issued from treasury	0		0

Revenue - Total revenues (Detai

Revenue - Total revenues (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Revenue - Total revenues (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Revenue
Streaming Interests, Silver	$ 15,696	$ 12,564	$ 36,540	$ 28,554
Streaming Interests, Gold	20,992	13,679	39,286	24,663
Streaming Interests, Other	2,191	2,514	4,326	5,091
Royalty Interests	13,712	7,733	22,708	15,937
Total revenues	$ 52,591	$ 36,490	$ 102,860	$ 74,245

Revenue - Stream and royalty in

Revenue - Stream and royalty interest revenues earned from mineral interests (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Revenue
Revenue from streams	$ 38,879	$ 28,757	$ 80,152	$ 58,308
Revenues from royalties	13,712	7,733	22,708	15,937
Revenue from contracts with customers	52,591	36,490	102,860	74,245
Cerro Lindo
Revenue
Revenue from streams	8,012	10,049	21,987	22,402
Altan Tsagaan Ovoo
Revenue
Revenue from streams	5,617	4,846	11,727	5,616
Northparkes
Revenue
Revenue from streams	9,006	6,340	14,195	13,210
Moss
Revenue
Revenue from streams	2,952		5,946
RBPlat
Revenue
Revenue from streams	3,163	3,377	6,037	7,609
Buritica
Revenue
Revenue from streams	2,825	1,125	5,617	3,635
Auramet
Revenue
Revenue from streams	2,390		4,850
Renard
Revenue
Revenue from streams	1,989	2,287	4,124	4,630
Other
Revenue
Revenue from streams	2,925	733	5,669	1,206
Revenues from royalties	6,122	1,805	10,416	4,414
Fosterville
Revenue
Revenues from royalties	3,354	4,517	5,036	8,587
Beta Hunt
Revenue
Revenues from royalties	2,853		4,687
Young-Davidson
Revenue
Revenues from royalties	$ 1,383	$ 1,411	$ 2,569	$ 2,936

Segment disclosure (Details)

Segment disclosure (Details)	6 Months Ended
Segment disclosure (Details)	Jun. 30, 2023 segment
Segment disclosure
Number of operating segment	1

Segment disclosure - Revenue by

Segment disclosure - Revenue by Geography (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Segment disclosure
Revenue	$ 52,591	$ 36,490	$ 102,860	$ 74,245
Revenue from streams	38,879	28,757	80,152	58,308
Revenues from royalties	13,712	7,733	22,708	15,937
Australia
Segment disclosure
Revenue	16,821	12,338	26,902	25,630
Revenue from streams	9,005	6,340	14,195	13,210
Revenues from royalties	7,816	5,998	12,707	12,420
United States
Segment disclosure
Revenue	6,462	733	12,423	1,206
Revenue from streams	5,546	733	10,998	1,206
Revenues from royalties	916	0	1,425	0
Peru
Segment disclosure
Revenue	8,165	10,049	22,290	22,402
Revenue from streams	8,012	10,049	21,988	22,402
Revenues from royalties	153	0	302	0
Canada
Segment disclosure
Revenue	4,118	4,022	7,840	8,147
Revenue from streams	1,989	2,287	4,124	4,630
Revenues from royalties	2,129	1,735	3,716	3,517
Mongolia
Segment disclosure
Revenue	5,617	4,846	11,727	5,616
South Africa
Segment disclosure
Revenue	3,163	3,377	6,037	7,609
Mexico
Segment disclosure
Revenue	2,975		5,903
Revenue from streams	1,389	0	2,655	0
Revenues from royalties	1,586	0	3,248	0
Colombia
Segment disclosure
Revenue	2,825	1,125	5,617	3,635
Other
Segment disclosure
Revenue	2,445		4,121
Revenue from streams	1,333	0	2,811	0
Revenues from royalties	$ 1,112	$ 0	$ 1,310	$ 0