Elliott-Backed Triple Flag Lining Up First Mining Finance Deals

  • Singer’s firm willing to invest $1 billion-plus, Usmar says
  • Run by ex-Barrick CFO, Triple Flag has put in one binding bid

Triple Flag's Usmar Hunting for Deals in Mine Financing

The former finance chief of Barrick Gold Corp. says his new mining-finance company backed by billionaire Paul Singer’s Elliott Management Corp. is on the prowl for opportunities in the Americas and Australia, primarily targeting precious metals deals.

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