Markets
Triple Flag's $440M Ravenswood Gold Stream: What It Signals for Royalty Stocks and Gold Markets
Triple Flag Precious Metals has agreed to acquire a gold stream on the Ravenswood mine for $440 million, a bold capital deployment that underlines royalty companies' appetite for long-life, cash-generative assets at a time when gold is trading near historic highs. Here's what the deal means for the sector and how traders should position around it.