Australian mining company Troy Resources Limited has produced 34,740 ounces of gold for the year up to the end of June at its Karouni gold project here and adverse weather conditions and teething problems at its mill are being blamed for hindering operations in the last quarter.
For the March quarter, the company produced 20,195 ounces of gold and this dropped to 14,545 ounces for the June quarter, the firm said in a statement yesterday.
“After a strong start at Karouni, the June quarter presented a number of significant