Australian mining company Troy Resources Limited hopes to make operations at its Karouni gold project ‘green,’ by purchasing power from a reactivated Tumatumari hydropower facility.
“It is obviously of high interest to Troy since it will provide ‘green’ power replacing fuel oil,” Ken Nilsson, the firm’s Executive Director of Project Development told Stabroek News. “We are willing buyers just waiting for the supply to reach us,” he added.
Recently, Prime Minister Samuel Hinds said that there is a “great likelihood” that local firm Dynamic Engineering and Troy could reach a deal that would see the reactivation of the Tumatumari hydropower facility on the Potaro River. Stabroek News had reported previously that Dynamic Engineering Company Limited of Eccles was