Casposo drives Troy production in Dec Q

Gold miner Troy Resources has reported an 87% increase in its production, during the three months to December, at its Casposo operation, in Argentina. During the quarter, Troy produced some 20 701 oz of gold, compared with the previous quarter,...

Casposo mine reaches nameplate target

ASX- and TSX-listed Troy Resources’ Casposo gold and silver mine, in Argentina, has achieved nameplate throughput levels. The mine, which was officially opened in June this year after pouring its first gold in November 2010, has now exceeded...

Troy increases output in full year

Gold junior Troy Resources has reported a 17% increase in gold production for the full year ended June, with the miner producing some 71 614 oz of gold. ASX- and TSX-listed Troy also swung into profitability during the year, posting a profit of...

Troy ups gold output by 68% despite severe weather in Argentina

Gold miner Troy increased its production by 68% in the quarter ended June, despite severe weather conditions slowing operations in Argentina. Troy produced some 26 382 oz during the three months to June, with yearly gold production increasing by...

Troy holds mine opening, announces dividend

TSX- and ASX-listed Troy Resources has officially opened its Casposo gold/silver mine in Argentina and announced on Tuesday it had declared a A$0.04 a share interim dividend. "The declaration of a dividend is a clear signal of the board's...

Troy reports A$5,5m profit, gold output down

ASX- and TSX-listed gold junior Troy Resources on Tuesday posted a half-year profit of A$6-million, from a A$5,5-million loss reported in the previous corresponding period. However, gold production declined by 17% to 28 316 oz in the six months...

Troy lowers 2011 guidance on slow start-up in Argentina

Dual-listed junior miner Troy Resources has downgraded its production guidance for 2011 by as much as 33%, owing to a lower-than-expected ramp-up at its Casposo project in Argentina. The ASX- and TSX-listed company now expects to produce between...

Troy announces first gold pour at Argentina mine

Gold-miner Troy on Friday reported its first gold and silver pour at the Casposo project, in Argentina. The first pour was part of the commissioning process of the refinery section, the miner said in a statement.

Troy says Argentina gold pour delayed

ASX- and TSX-listed gold-miner Troy Resources has pushed back the first gold pour from its Casposo gold/silver project, in Argentina, to October. The company initially targeted the September quarter for the gold pour, but said on Wednesday that a...

Troy to more than double gold output in FY2011

ASX- and TSX-listed gold-miner Troy Resources on Friday reported that it was looking to double its gold production during the 2011 financial year. CEO Paul Benson said that 2010 continued to be a year of transition for the company, as it moved...

Troy to pour first gold at Casposo as Sandstone mine closes

ASX- and TSX-listed Troy Resources CEO Paul Benson said on Friday that the coming quarter would be one of transition, as production at its Sandstone project would come to an end, while its Casposo project would pour its first gold. The Australian...

Troy agrees to sell Andorinhas iron-ore to Brazilian miner

ASX- and TSX-listed Troy Resources has signed a letter of intent to sell the colluvial iron-ore found on its Andorinhas gold leases, in Brazil, to Mineração Floresta Do Arguaia (MFA). MFA, which operates an iron-ore mine adjacent to the...