Troy gathers momentum at Guyana gold project
PERTH (miningweekly.com) – Gold miner Troy Resources has received the final environmental permit for its Karouni gold project, in Guyana, paving the way for construction to start and operations to follow in the second quarter.
The environmental approval followed a detailed review and assessment of the environmental and social impact assessment. The permit is valid for a five-year period, and formed an essential requirement for approval and operation of the mining licence.
“This is another important milestone in the development of Karouni and presents a significant achievement in terms of constructive working relationships between the authorities in Guyana and Troy’s local management team,” Troy CEO Martin Purvis said on Monday.
“Karouni is now gathering momentum in terms of activity on the ground and the mobilisation of a skilled local workforce, and we look forward to meeting our first production target in the June quarter.”
The opencut operation, which would have a mine life of three years, would produce on average 101 000 oz/y of gold, barring the first year in which 104 400 oz is expected.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation















