CAPITAL MARKETS

Record production bolsters Troy's bottom line

TROY Resources increased its annual net profit by 51% to $5.62 million in 2002-03 thanks to the additional gold production from its 70%-owned Sertao mine in Brazil.

Brad Ricks
Record production bolsters Troy's bottom line

The Brazilian mine opened in April and had produced 29,789oz by the end of the financial year, of which 20,852oz were attributable to Troy. Cash costs were kept to $52/oz, making it one of the lowest-cost...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.