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Aussie gold-mining firm offloads billion-dollar mill
Executives of Troy Resources Limited, an Australian gold-mining Company, on Monday took members of the media on tour of the old Omai Wharf facility, at Christianburg, Wismar, Linden, where they offloaded their US$5M, 3.3 megawatts grinding Ball Mill.
The mill is critical to operations at the company’s Karouni project, west of
Executives of Troy Resources with Minister Robert Persaud (third from right) and Clinton Williams of GNIC (centre) as the container is offloaded at the Omai Wharf facility at Linden.
Omai in Region Seven.
At an overall cost of some US$76M, the mining project is expected to last about eight years, but CEO of the company Ken Nilsson said that they have just ‘scratched the surface’. The project is expected to initially employ some 500 people, he said.
On hand to witness the event were Minister of Natural Resources and the Environment, Robert Persaud, Clinton Williams of GNIC, and Linden Interim Management Committee (IMC) Chairman, Orrin Gordon. There were other special invitees.
Addressing those gathered at the simple ceremony, Nilsson expressed his pleasure and satisfaction that the first set of equipment had been brought in. He was particularly pleased that the entity had received ‘a good welcome’ in Guyana.
Nilsson noted that Troy Resources had established another mining project in Brazil over a year and a half ago, and that he was certainly optimistic about the venture in Guyana, which he said is well poised to exploit its mineral wealth.
He added that the policy of his company is to have the local people make up most of its workforce, as they are not in favour of employing expatriates. He noted that in Argentina, where over 500 people are employed, only six expatriates are employed there, while no expatriate is employed in Brazil.
Nilsson said that to date about $54M has been spent in the initial stages. The CEO was quick to point out that cyanide use in the mining process would be very low. The detoxification would be done as is being done in Argentina.
Minister of Natural Resources and the Environment, Robert Persaud, said that the Project had been in the making for several years and there had been many challenges. He added that the gold mining sector has been primarily large and medium scale, and has been ‘pretty successful, doing a great and outstanding job’.
“I want the same good track record of these small and medium scale miners to continue.”
IMC Chairman of Linden, Orrin Gordon, said that any development that comes to Linden is something that should be embraced.
He added that what has happened is that people within Linden, such as the skilled individuals, would be the first to benefit by way of employment.
He said that the project would also prove to be a “national good’ as well, by way of what gold mining will do for the country.
Gordon said that the company during its tenure here might also even look at exploiting other mineral resources.
“The Australian company is not anything new to Linden, as we would have had Minproc which was involved with bauxite mining. This is familiar territory.”
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