Trident Royalties PLC


Mimbula Copper Royalty

Trident owns a 0.30% GRR royalty over Moxico Resources plc’s Mimbula Copper Mine located in Zambia. The GRR will decrease from 0.30% to 0.20% once the royalty has been paid on 575,000 tonnes of copper.

Mimbula Copper Royalty

The Mimbula Copper Project is Moxico’s first producing asset. The Phase 1 mining operations produce 10,000t of copper cathode per annum using a heap leach and solvent extraction/electrowinning (SX/EW) process. Phase 2 mining operations target an expansion to a total of 56,000t of copper cathode production per annum.

April 2022

Recent news

Moxico Resources plans to invest US$100M into the expansion of the Mimbula copper mine in Zambia. In October 2022, Moxico successfully produced the first copper cathode at its 10,000tpy copper cathode Phase 1 operation.

June 2021

Recent news

Moxico raised US$73M to fast-track the construction of a standalone processing center at Mimbula capable of producing 30,000tpy of copper. Phase 1 of the project will target 10,000tpy, with Phase 2 increasing production to the full 30,000tpy.

OperatorMoxico Resources plc
Mining TypeOpen Pit

Location Map

Mineral Reserve Statement

Measured & Indicated77.10Mt @ 0.97% Cu
Inferred16.70Mt @ 0.95% Cu
Total93.70Mt @ 0.97% Cu

Source: Capital IQ