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IN BRIEF: Trident Royalties gains USD5.7 million from metals exposure

5th Aug 2022 15:27

Trident Royalties PLC - London-based mining royalty and streaming company - For the second quarter ended June 30, receives USD5.7 million from its exposure to gold, copper and iron ore, particularly with an increase in iron ore sales from the company's royalty tenement at the Koolyanobbing project in Australia.

Also notes first gold at the Santa Luz project in Brazil, however the removal of Mercedes mine leads to lower gold offtakes income, while triggering a one-off payment of USD3.7 million.

Current stock price: 49.06 pence

12-month change: up 38%

By Dayo Laniyan; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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