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FM
Former Member

Troy Resources Acquires $1.1-Billion in Equipment for Gold Mine in Guyana

 

Robert Spence
Robert Spence - Machinery - 1 day ago, August 29, 2014, Source - Mining Global

 

Troy Resources Acquires $1.1-Billion in Equipment for Gold Mine in Guyana

Troy Resources Acquires $1.1-Billion in Equipment for Gold Mine in Guyana

 

Gold producer Troy Resources Limited (ASX:TRY) (TSX:TRY) has purchased $1.1 billion in mining equipment for its Karouni Gold mine in Guyana. The acquisition will aid the Australian-based company in commencing production of the $87 million project by next year.

 

The mining equipment, which is manufactured in South Korea by Doosan and sold by Farm Supplies, will include 12 Doosan DA40 trucks and three Doosan DX 500 excavators. The purchase will also include training for its Guyanese operators and technicians in the operating and maintenance of the equipment.

 

β€œWith funding in place and all major long lead items ordered, the Company is confident that Karouni will be the first of the new large gold mines coming into production in Guyana over coming years,” said Troy Resources Managing Director Paul Benson.

 

Troy Resources is currently preparing for the construction phase of The Karouni project, setting up a ball mill, mine operations, employee housing and other infrastructure. Once in production, the mine is expected to produce 90,000 ounces of gold a year and a total of 633,000 ounces during its life time.

According to Benson, the Karouni project will benefit the Guyana Government and locals by generating employment and local infrastructure.

 

β€œKarouni will have a major beneficial impact on the economy of Guyana through the creation of jobs and payments of taxes and royalties. In particular, we would like to acknowledge the very strong support received to date from the Government of Guyana and the different agencies and look forward to their continued assistance in bringing the mine into early production."

 

Once in production, the mine is expected to employ roughly 300 workers.

The construction phase of the project is slated to be completed mid 2015 with production commencing in February 2015.

 

Source - http://www.miningglobal.com/ma...-Gold-Mine-in-Guyana

Replies sorted oldest to newest

I only hope that once the big gold companies dig up and destroy these lands and pollute the rivers, they will be forced to pay for the remediation once they have moved on.

 

The small guys do damage, but not on the scale of these big companies. 

 

By the time the Chinese, Canadians, etc., are finished Guyana might be a desert as the removal of the rain forest will definitely result in climatic change.

FM
Originally Posted by caribny:

I only hope that once the big gold companies dig up and destroy these lands and pollute the rivers, they will be forced to pay for the remediation once they have moved on.

While for years gold exploration companies are in operation in Canada, US_of_A, etc., why would they provide subservient and lackadaisical operations in Guyana?

FM

ENVIRONMENTAL IMPACT OF MINING IN THE RAINFOREST

By Rhett Butler   |  Last updated July 27, 2012 

 

Gold, copper, diamonds, and other precious metals and gemstones are important resources that are found in rainforests around the world. Extracting these natural resources is frequently a destructive activity that damages the rainforest ecosystem and causes problems for people living nearby and downstream from mining operations.
In the Amazon rainforest most mining today revolves around alluvial gold deposits. Due to the meandering nature of Amazon rivers, gold is found both in river channels and on the floodplains where rivers once ran. These deposits are actively mined by large-scale operators and informal, small-scale miners. Both operators rely heavily on hydraulic mining techniques, blasting away at river banks, clearing floodplain forests, and using heavy machinery to expose potential gold-yielding gravel deposits. Gold is usually extracted from this gravel using a sluice box to separate heavier sediment and mercury for amalgamating the precious metal. While most of the mercury is removed for reuse or burned off, some may end up in rivers. Studies have found that small-scale miners are less efficient with their use of mercury than industrial miners, releasing an estimated 2.91 pounds (1.32 kg) of mercury into waterways for every 2.2 pounds (1 kg) of gold produced.
While there is no scientific consensus on mercury contamination in the Amazon, according to biologist Michael Goulding, there is evidence of mercury causing problems in other ecosystems. Elemental or inorganic mercury can be transformed (methylated) into organic forms by biological systems and enter food chains. Not only are methylated mercury compounds toxic, but highly bioaccumulative, meaning that mercury concentrations increase up the food chain. Top predators, including otters, birds of prey, and humans, will have the highest levels of mercury in their systems. Those who eat large amounts of fish are at the greatest risk.

  Location of the Grasberg mine.
A Giant Mess on New Guinea
Freeport-McMoRan, based in New Orleans, has operated the Grasberg gold, silver, and copper mine in Indonesian New Guinea (formerly Irian Jaya), since 1972, converting Mount Ertsberg into a 600-meter hole. As documented by the New York Times and dozens of environmental groups, the mining company has dumped substantial amounts of waste into local streams, rendering downstream waterways and wetlands "unsuitable for aquatic life." Relying on large payments to military officials, the mining operation for most of its history was protected by a virtual private army that were implicated in the deaths of an estimated 160 people between 1975 and 1997 in the mine area.
Freeport estimates that it generates 700,000 tons of waste a day and that the waste rock stored in the highlandsβ€”900 feet deep in placesβ€”now covers some three square miles. Government surveys have found that tailings from the mines have produced levels of copper and sediment so high that almost all fish have disappeared from nearly 90 square miles of wetlands downstream from the operation.
Cracking down on the Freeport's environmental abuses and questionable human-rights practices has proved a challenge since the mine is one of the largest sources of revenue for the Indonesian government. An Indonesian government scientist wrote that "the mine's production was so huge, and regulatory tools so weak, that it was like 'painting on clouds' to persuade Freeport to comply with the ministry's requests to reduce environmental damage," according to a December 27, 2005, article in the New York Times.
For more take a look at "Below a Mountain of Wealth, a River of Waste" in the New York Times.  The article was written by JANE PERLEZ and RAYMOND BONNER.

Other toxic compounds are used and generated in the mining process as well. Mining exposes previously buried metal sulfides to atmospheric oxygen causing their conversion to strong sulfuric acid and metal oxides, which run off into local waterways. Oxides tend to more soluble in water and contaminate local rivers with heavy metals.
Cyanide, a highly toxic compound, is also often used to separate gold from sediment and rock. While cyanide is supposed to be carefully monitored to prevent its escape into the surround environment, spills do occurβ€”especially when there's no one around to enforce mining regulations. The effects of poisoning can be widespread, especially when a waste-holding pool overflows or breaks, as it did in Guyana in August 1995.
The Guyana spill made international headlines for its magnitudeβ€”over one billion gallons (four billion liters) of cyanide-laced waste water was released into a tributary of the Essequiboβ€” and its effects, causing widespread die-offs of aquatic and terrestrial plant and animal life, poisoning floodplain soils used for agriculture, polluting the main source of drinking water for thousands of people, and striking a blow to the emerging eco-tourism industry on the river. The mine, run by Golden Star Resources of Denver and Cambior of Montreal, at first tried to cover up the spill by burying fish carcasses. Six days after the spill, after locals found dead wildlife, the mine reported the accident to the Guyana government. Despite the damage inflicted by the spill, the government granted additional mining concessions on the New River shortly thereafter.
Large-scale mining operations, especially those using open-pit mining techniques, can result in significant deforestation through forest clearing and the construction of roads which open remote forest areas to transient settlers, land speculators, and small-scale miners. These settlers and miners are probably a greater threat to the tropical rainforest environment than industrial mining operations. Wildcat miners enter regions rumored to have gold deposits and clear forest in search of riches. They hunt wildlife, cut trees for building material and fuelwood, and trigger erosion by clearing hillsides and detonating explosives. Miners can also bring diseases to local indigenous populations (where they still exist) and battles over land rights. One well-documented example is the conflict between the Yanomani Indians of Northern Brazil and Venezuela and garimpeirosβ€”illegal Brazilian miners. Reports indicated that Yanomani populations have fallen significantly since the first incursion of miners in the 1980s.
While deforestation and chemical pollution from mining can impact the rainforest environment, downstream aquatic habitats fare worse. Increased sediment loads and reduced water flows can seriously affect local fish populations.

 

http://rainforests.mongabay.com/0808.htm

Mitwah
Mitwah
Last edited by Mitwah

Under pressure over pollution complaints, Aceh calls for closure of gold mines

  Loren Bell, Mongabay-Indonesia correspondent August 22, 2014
 
Illegal gold mining operation in Aceh, Indonesia. Photo by Junaidi Hanafi. Illegal gold mining operation in Aceh, Indonesia. Photo by Junaidi Hanafi. Read more at http://news.mongabay.com/2014/...#psDmyfXulgBIftef.99
 
In the wake of massive fish die-offs and repeated calls from environmental groups to do more than just talk about the issue, the government of Aceh has called for the closure of all illegal gold mines throughout the province. Several members of the Regional Leadership Coordination Forum (Fokorpimda)β€”including the Governor and Police Chief, as well as military, political and religious leadersβ€”signed a written appeal for illegal miners to immediately stop their operations.
The appeal states that all procurement and distribution of mercury and cyanide (chemicals often used in illegal gold mining operations) must follow the legal provisions outlined in trade regulation 44/M-DAG/PER/9/2009.
The statement reads in part: "To anyone involved in the procurement, storage, distribution, sale, or purchase and/or use of mercury or cyanide: stop immediately. To the regional and city governments of Aceh: you must monitor, supervise, and take action against the procurement, storage, sale and buying of dangerous materials and non-permitted mining activities to the extent of your authority."
Further, the call to action indicates that those who do not head the warnings in the appeal will face decisive action in accordance with applicable laws.
The head of the Aceh's public relations department, Murthalamuddin, said that the governor has been discussing the issue of illegal mining with local officials for quite some time. Meanwhile, he said that the government of Aceh, in cooperation with Universitas Syiah Kuala (Unsyiah), is researching alternative mining practices that do not use mercury and cyanide. Once these are found, the public will be invited to process gold using environmentally friendly materials that are not harmful to health or the environment. 
Further, Murthalamuddin reiterated: "The Government of Aceh is also evaluating all mining permits, if there is a problem [with a legal mining operation], its license will be revoked." 
This is not the first time the government has spoken out against illegal mining, however. Local environmental groups have been repeatedly frustrated by the lack of action often following such sweeping statements of intent.
Meanwhile, gold miners are concerned by this new appeal, maintaining that they are not responsible for the fish kills. Instead, they place the blame on sulfur emitted by a nearby active volcano, and claim that the rivers in which the dead fish were found do not even have mines on them.
The Governor's office has ordered an investigation into the cause of mass fish kills in rivers in Pidie and Aceh Jaya regencies. The findings have not yet been publicly released.
SOURCE: Junaidi Hanafi. Pemerintah Aceh akan Tutup Tambang Ilegal. Mongabay-Indonesia. August 19, 2014 Read more at http://news.mongabay.com/2014/...#psDmyfXulgBIftef.99
Mitwah
Originally Posted by Demerara_Guy:
Originally Posted by caribny:

I only hope that once the big gold companies dig up and destroy these lands and pollute the rivers, they will be forced to pay for the remediation once they have moved on.

While for years gold exploration companies are in operation in Canada, US_of_A, etc., why would they provide subservient and lackadaisical operations in Guyana?

You just reflexively talk shit. Who owned Omai? Were they not responsible for the worse global spill of cyanide in the world?

 

FM
Originally Posted by Stormborn:
Originally Posted by Demerara_Guy:
Originally Posted by caribny:

I only hope that once the big gold companies dig up and destroy these lands and pollute the rivers, they will be forced to pay for the remediation once they have moved on.

While for years gold exploration companies are in operation in Canada, US_of_A, etc., why would they provide subservient and lackadaisical operations in Guyana?

You just reflexively talk shit. Who owned Omai? Were they not responsible for the worse global spill of cyanide in the world?

 

True and as usual, your comments are unrelated to the main issue.

FM
Originally Posted by Demerara_Guy:
Originally Posted by Stormborn:
Originally Posted by Demerara_Guy:
Originally Posted by caribny:
I only hope that once the big gold companies dig up and destroy these lands and pollute the rivers, they will be forced to pay for the remediation once they have moved on.
While for years gold exploration companies are in operation in Canada, US_of_A, etc., why would they provide subservient and lackadaisical operations in Guyana?
You just reflexively talk shit. Who owned Omai? Were they not responsible for the worse global spill of cyanide in the world?

True and as usual, your comments are unrelated to the main issue.

THis is what you said you senile old fool "for years gold exploration companies are in operation in Canada, US_of_A, etc., why would they provide subservient and lackadaisical operations in Guyana" I am just showing you what a royal pu ss y....cat you are.

FM
Last edited by Former Member
Originally Posted by Stormborn:
Originally Posted by Demerara_Guy:
Originally Posted by Stormborn:
Originally Posted by Demerara_Guy:
Originally Posted by caribny:
I only hope that once the big gold companies dig up and destroy these lands and pollute the rivers, they will be forced to pay for the remediation once they have moved on.
While for years gold exploration companies are in operation in Canada, US_of_A, etc., why would they provide subservient and lackadaisical operations in Guyana?
You just reflexively talk shit. Who owned Omai? Were they not responsible for the worse global spill of cyanide in the world?

True and as usual, your comments are unrelated to the main issue.

THis is what you said you senile old fool "for years gold exploration companies are in operation in Canada, US_of_A, etc., why would they provide subservient and lackadaisical operations in Guyana" I am just showing you what a royal pu ss y....cat you are.

a royal pu ss y....cat you are --- why do you constantly believe that others are like you? 

FM
Originally Posted by Demerara_Guy:
Originally Posted by Stormborn:
Originally Posted by Demerara_Guy:
Originally Posted by Stormborn:
Originally Posted by Demerara_Guy:
Originally Posted by caribny:
I only hope that once the big gold companies dig up and destroy these lands and pollute the rivers, they will be forced to pay for the remediation once they have moved on.
While for years gold exploration companies are in operation in Canada, US_of_A, etc., why would they provide subservient and lackadaisical operations in Guyana?
You just reflexively talk shit. Who owned Omai? Were they not responsible for the worse global spill of cyanide in the world?

True and as usual, your comments are unrelated to the main issue.

THis is what you said you senile old fool "for years gold exploration companies are in operation in Canada, US_of_A, etc., why would they provide subservient and lackadaisical operations in Guyana" I am just showing you what a royal pu ss y....cat you are.

a royal pu ss y....cat you are --- why do you constantly believe that others are like you? 

 I know you cannot come out of your shell of thinking you are a mirror and everyone is talking to themselves when talking to you. but even in that mirror you can learn something

FM
Originally Posted by Stormborn:
Originally Posted by Demerara_Guy:
Originally Posted by Stormborn:
Originally Posted by Demerara_Guy:
Originally Posted by Stormborn:
Originally Posted by Demerara_Guy:
Originally Posted by caribny:
I only hope that once the big gold companies dig up and destroy these lands and pollute the rivers, they will be forced to pay for the remediation once they have moved on.
While for years gold exploration companies are in operation in Canada, US_of_A, etc., why would they provide subservient and lackadaisical operations in Guyana?
You just reflexively talk shit. Who owned Omai? Were they not responsible for the worse global spill of cyanide in the world?

True and as usual, your comments are unrelated to the main issue.

THis is what you said you senile old fool "for years gold exploration companies are in operation in Canada, US_of_A, etc., why would they provide subservient and lackadaisical operations in Guyana" I am just showing you what a royal pu ss y....cat you are.

a royal pu ss y....cat you are --- why do you constantly believe that others are like you? 

 I know you cannot come out of your shell of thinking you are a mirror and everyone is talking to themselves when talking to you. but even in that mirror you can learn something

everyone is talking to themselves -- you are the master.

FM
Originally Posted by Demerara_Guy:
Originally Posted by Stormborn:
Originally Posted by Demerara_Guy:
Originally Posted by Stormborn:
Originally Posted by Demerara_Guy:
Originally Posted by Stormborn:
Originally Posted by Demerara_Guy:
Originally Posted by caribny:
I only hope that once the big gold companies dig up and destroy these lands and pollute the rivers, they will be forced to pay for the remediation once they have moved on.
While for years gold exploration companies are in operation in Canada, US_of_A, etc., why would they provide subservient and lackadaisical operations in Guyana?
You just reflexively talk shit. Who owned Omai? Were they not responsible for the worse global spill of cyanide in the world?

True and as usual, your comments are unrelated to the main issue.

THis is what you said you senile old fool "for years gold exploration companies are in operation in Canada, US_of_A, etc., why would they provide subservient and lackadaisical operations in Guyana" I am just showing you what a royal pu ss y....cat you are.

a royal pu ss y....cat you are --- why do you constantly believe that others are like you? 

 I know you cannot come out of your shell of thinking you are a mirror and everyone is talking to themselves when talking to you. but even in that mirror you can learn something

everyone is talking to themselves -- you are the master.

Does this make you think you somehow make sense? sorry old fellow, it makes you as Mars noted Captain obvious. You say the same crap over and over. That is not sense but senility.

FM
Originally Posted by Stormborn:
Originally Posted by Demerara_Guy:
Originally Posted by Stormborn:
Originally Posted by Demerara_Guy:
Originally Posted by Stormborn:
Originally Posted by Demerara_Guy:
Originally Posted by Stormborn:
Originally Posted by Demerara_Guy:
Originally Posted by caribny:
I only hope that once the big gold companies dig up and destroy these lands and pollute the rivers, they will be forced to pay for the remediation once they have moved on.
While for years gold exploration companies are in operation in Canada, US_of_A, etc., why would they provide subservient and lackadaisical operations in Guyana?
You just reflexively talk shit. Who owned Omai? Were they not responsible for the worse global spill of cyanide in the world?

True and as usual, your comments are unrelated to the main issue.

THis is what you said you senile old fool "for years gold exploration companies are in operation in Canada, US_of_A, etc., why would they provide subservient and lackadaisical operations in Guyana" I am just showing you what a royal pu ss y....cat you are.

a royal pu ss y....cat you are --- why do you constantly believe that others are like you? 

 I know you cannot come out of your shell of thinking you are a mirror and everyone is talking to themselves when talking to you. but even in that mirror you can learn something

everyone is talking to themselves -- you are the master.

Does this make you think you somehow make sense? sorry old fellow, it makes you as Mars noted Captain obvious. You say the same crap over and over. That is not sense but senility.

Perhaps his mirror is cracked..... hence the multiple personalities.

Mitwah
Originally Posted by Stormborn:
Originally Posted by Demerara_Guy:
Originally Posted by Stormborn:
Originally Posted by Demerara_Guy:
Originally Posted by Stormborn:
Originally Posted by Demerara_Guy:
Originally Posted by Stormborn:
Originally Posted by Demerara_Guy:
Originally Posted by caribny:
I only hope that once the big gold companies dig up and destroy these lands and pollute the rivers, they will be forced to pay for the remediation once they have moved on.
While for years gold exploration companies are in operation in Canada, US_of_A, etc., why would they provide subservient and lackadaisical operations in Guyana?
You just reflexively talk shit. Who owned Omai? Were they not responsible for the worse global spill of cyanide in the world?

True and as usual, your comments are unrelated to the main issue.

THis is what you said you senile old fool "for years gold exploration companies are in operation in Canada, US_of_A, etc., why would they provide subservient and lackadaisical operations in Guyana" I am just showing you what a royal pu ss y....cat you are.

a royal pu ss y....cat you are --- why do you constantly believe that others are like you? 

 I know you cannot come out of your shell of thinking you are a mirror and everyone is talking to themselves when talking to you. but even in that mirror you can learn something

everyone is talking to themselves -- you are the master.

Does this make you think you somehow make sense? sorry old fellow, it makes you as Mars noted Captain obvious. You say the same crap over and over. That is not sense but senility.

You say the same crap over and over. That is not sense but senility -- Stormborn is finally gaining a slight insight of himself. 

FM

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