Trinity Metals

Trinity Metals 300x200

Primary ticker: Private
Stage of development: Exploration, Production
Primary minerals: Tin, Tungsten, Tantalum and Lithium
Project to promote: Rutongo Mines, Trinity Nyakabingo Mine, Trinity Musha Mine, Ntunga LI Project
Project location: Rwanda
Website:trinity-metals.com
Corporate Presentation: Click here
Corporate video: Click here

Trinity Metals, is a privately owned Company registered in the BVI. The Company was formed in May 2022 after the merger of two companies which incorporated three operating mines. This entailed the incorporation of Nyakabingo Mine (Tungsten), Rutongo Mines (Tin) and Musha Mines (Tin and Tantalum) in Rwanda.
Since the merger significant progress has been made and Trinity is now the leading mining producer in Rwanda, Africa’s second largest tin producer and Africa’s largest Tungsten producer. The Company produces over 1,400 tons of tin per annum (2024) and over 1,200 tons of Tungsten. Plans are in place to double the production over the next 5 years. The Company also has an exciting Lithium Project. We are the first company to drill below 300m in Rwanda, we await final sampling data, but indicative results are very positive.

Management Profile

Peter Geleta, Group Chief Executive Officer and Board Director

Peter Geleta is the Trinity Metals Group Chief Executive Officer and Board Director. He also sits on the Rutongo Mines Board of Directors. During his career, he amassed 40 years of experience at some of the leading mining organizations in the world.

As the former CEO of Acacia Mining, an FTSE 250 listed Gold Mining company, Peter led the organization’s turnaround from a loss-making to a highly profitable business in two years. Before this, Peter held several operational and corporate leadership roles at AngloGold Ashanti, where he was a part of the team that set up the company’s Africa Region operations and Barrick Gold.

A UK-bred, South African national, Peter has extensive industry experience across every continent except Antarctica. He spent more than 35 years working across several African Countries, including Mali, Guinea, Burkino Faso, Kenya, Tanzania, South Africa, Nambia, Morocco, Ghana, Senegal, Congo, and DRC. He has also served as the Chief Operating Officer for Averda International, leading teams across India, the UAE, Oman, Saudi Arabia, and Qatar.

 

David De Lange, Chief Financial Officer

David De Lange is the Chief Financial Officer at Trinity Metals Group. He has over 30 years of financial experience in the global mining industry with extensive experience in Africa.

A strategic and commercial finance executive with extensive experience in capital-intensive industries, from start-ups to acquisitions and existing asset expansions. A turnaround executive, strategic partner and trusted advisor to the CEO and executive teams.

Demonstrated skills in executive leadership of diverse global functions. Ability to influence and maintain key relationships, internal, external and at Board level. Change management capability, persuading individuals and teams to embed changes in the business environment whilst maximizing benefits and minimizing impacts. Capacity to identify, assess, and resolve obstacles as well as the ability to deal with ambiguity.

 

Shane Ryan, Chief Operating Officer

Shane Ryan is the Trinity Metals’ Chief Operating Officer. He is an accomplished mining executive with a proven track record of delivering results across diverse mining methodologies and a range of commodities in international markets. Shane specializes in the operational facets of mining, including resource recovery, material handling, mineral processing, and logistics for final product delivery. His strategic expertise extends to company culture transformation, safety first enhancements, and the implementation of efficient mining strategies, along with the development and application of robust ESG policies.
He was the former COO and SSE of VECCO Group one of the world’s largest vanadium projects in Northwest Queensland, with downstream battery electrolyte processing facilities in Townsville, the USA, and Europe. Before this, Shane held several operational roles in different companies like Mt Cuthbert Group where he was the General Manager of Operations, Piran Resources where he was the Technical Service Manager and Alternate General Manager. Malaco Mining Group where he was the Technical Service Manager.
He holds a Bachelor of Geology (First Class Honours), a Masters of Business majoring in Risk Management, and an Advanced Diploma of Work Health and Safety (Mining). Shane is also a graduate of the Australian Institute of Company Directors.
Shane combines his deep technical knowledge with a strategic vision to drive sustainable and profitable growth in complex mining operations worldwide

What is your rationale for taking part in 121 Mining Investment?

We mine critical minerals essential for the future, Rwanda is a mining destination with lots of potential for growth. We are looking for new equity investors and/or project financiers. Our assets are long life assets that can become substantial mines with the right invetsment

What recent news would you like to highlight to investors attending?

Positive drilling results from our Li exploration program at Ntunga Project, average grade of over 1% Li20, 35-70 mill tons resource estimate, Tin and tungsten production has doubled across the three Trinity operating mines over the past 18 months and projected to double in the next 5 years

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Complete Maiden Resource Statement for Nyakabingo Mine.
Embed new operating model at Rutongo Mine

6 Months:

Complete maiden resource statement for Musha Mine
Structural geology work for Ntunga Li Project

12 Months:

Complete maiden resource statement for Rutongo Mine
Complete met test work and DFS for Mineral Processing Plant for Nyakabingo Mine

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Investment required to take the Company into its next phase of growth, we are overcoming this by building up a solid track record of results, study work and the development of a qualified resource statement that will allow for the robust marketing of the Company as an excellent long-term investment proposition

What do you think makes your company such a compelling investment?

We are mining critical minerals, we operate in a stable, safe and investment friendly country, we have built up credible track record of performance, we have the right ESG agenda and we have a compelling growth opportunity

What are the top 3 key investor takeaways?

1. The right minerals
2. The right destination
3. Long life assets with huge potential