Australian mining company Troy Resources Limited has achieved commercial production at its Karouni gold project here and less than two months after its first gold pour, the operation is now self-funding.
In a statement yesterday, the company announced that commercial production has been declared at its Karouni gold project in Region Seven following successful commissioning and operation of all key components of the processing plant.
“Commercial production is defined as the point when the mine is in the condition necessary for it to be capable of operating to the design specification set by management for long term sustainable production. It marks the completion of project development, commissioning and operational ramp-up of the mine and processing plant. The key design parameters considered include the
