CAPITAL MARKETS

Troy getting Smarts back

GUYANA gold miner Troy Resources may lose up to 10,000 ounces in reserves at its Karouni operation following a pit wall failure in the Smarts pit in December, though on a more positive note, full-scale mining of the open cut is set to resume this month.

Michael Quinn

Troy getting Smarts back

Ore reserves at the end of June last year stood at 330,000oz, meaning the company now has about 290,000oz based on production in the past two quarters and an accurate assessment of 10,000oz being lost...

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