Trident Royalties PLC


Equinox Gold RDM Offtake

Trident owns an offtake for 35% of the gold produced at Equinox Gold’s Santa Luz, Riacho Dos Machados (“RDM”), and Fazenda Mines up to 658,333 delivered ounces.

Equinox Gold RDM Offtake

RDM is a producing open pit gold mine in Minas Gerais State, Brazil, with 2023 production of 52,6000 koz of gold. In 2024, RMD is expected to produce 50,000-60,000 koz of gold.

The mine is expected to produce an average c. 70koz p.a. from 2021-2027. The mine life is expected to be ~5 years with current reserves sitting at 556 koz @ 0.99 g/t Au

OperatorEquinox Gold
Mining MethodOpen Pit
RDM Proven12Mt @ 0.96 g/t – 360koz
RDM Probable6Mt @ 1.04g/t – 196koz
RDM Total18Mt @ 0.99 g/t – 556koz

Source: Equinox Gold