Troy profit surges as Argentina mine ramps up

Dual-listed gold miner Troy Resources, which reported a 76% increase in profit as its Casposo project, in Argentina, ramped up to full production during the first half of its 2012 financial year. Profit for the year increased to A$10.7-million,...

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 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 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...

Troy adds more gold-equivalent ounces to Argentina project

ASX- and TSX-listed Troy Resources has added a further 29 700 gold-equivalent ounces to its Casposo project, in Argentina, following a maiden inferred resource estimate for the Julieta prospect. The Julieta prospect is now estimated to host an...