https://www.miningweekly.com
Gold|Resources
Gold|Resources
gold|resources

Karouni settles in

28th January 2021

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Gold production at the Karouni mine, in Guyana has stabilised during the three months to December, ASX-listed Troy Resources reported on Thursday.

Gold production in the three months to December reached 4 195 oz, compared with the 6 334 oz produced in the September quarter, and the 7 235 oz produced in the June quarter. 

Troy told shareholders on Thursday that production for the quarter was below initial expectations, due to a number of factors, including continuing uncertainty related to the Covid-19 pandemic, apparent difficulties in the reconciliation between mine and mill production, as well as apparent process reporting and production issues.

The miner said that a considerable amount of investigation and effort has been undertaken and has identified a number of issues that have since been remedied, encompassing ore modelling, plant procedures and personnel matters.

Troy noted that production levels were now returning to normal, with actual production reconciling well with forecast, with the company expected to revise its production guidance shortly.

Edited by Creamer Media Reporter

Comments

Projects

Location map of the Antler copper project
Antler copper project, US – update
Updated 1 hour 21 minutes ago By: Sheila Barradas

Showroom

Yale Lifting Solutions
Yale Lifting Solutions

Yale Lifting Solutions is a leading supplier of lifting and material handling equipment in Southern Africa. Yale offers a wide range of quality...

VISIT SHOWROOM 
SBS Tanks
SBS Tanks

SBS® Tanks is a leading provider of innovative water security solutions with offices in Southern Africa, East and West Africa, the USA and an...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

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?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.283 0.316s - 108pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: