CAPITAL MARKETS

Troy reveals good mine in Guyana

SOUTH American gold miner Troy Resources has got away to a “flyer” at its Karouni gold project in Guyana, with the low operating costs achieved reportedly putting the new mine right at the forefront of the lowest cost mines globally.

Michael Quinn

Troy reveals good mine in Guyana

Karouni’s maiden quarter saw 20,195 ounces produced at cash costs of $US412 per ounce and all-in sustaining costs of $638/oz. And the strong performance and a site visit by Troy’s banker Investec has...

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