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Trident Resources secures US$5mln copper royalty acquisition

Trident Resources (LON:TRR) CEO Adam Davidson says he's delighted to announce the acquisition of a cash generative royalty over the Mimbula copper mine. He says the project has a large, well-defined JORC resource of 84 million tonnes of ore grading 0.95% copper for a total of 798,000 tonnes of contained copper at a 0.3% cut-off.

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Price: 20.5 GBX

LSE:TRR
Market: LSE
Market Cap: £21.22 m
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Trident Resources: A new growth-focused diversified mining royalty company

Adam Davidson, CEO of Trident Resources PLC (LON:TRR), tells Proactive London's Andrew Scott they're a new mining royalty and streaming company looking to give investors exposure to a mix of base and precious metals as well as bulk materials. He adds that they've recently agreed to acquire a...

on 1/4/20

2 min read