our operations
Troilus
 

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Location: Canada
Ownership: 100%
Type of mine: open pit
Type of ore body: gold and copper deposit
Primary metal: gold
Secondary metal: copper
End product: copper concentrate, gold doré
Mining method: open pit
Opened: 1995
Expected mine life: 2009
Average reserve grades: gold – 0.8 grams per tonne, copper – 0.1%
Infrastructure: close to roads and rail
Employees: 256
Contractors: 29

As at December 31, 2007.

Troilus is an open pit gold mine located in northwestern Quebec. The mine produces two products: a high gold, low copper-containing copper concentrate, and gold doré (bullion).

In 2007, 80 percent of Troilus’s revenue was from gold and 20 percent was from copper.


Targets and results


 

three months ended Mar. 31

year ended December 31

objective

    2008 2007 change 2007 2006 change 2008
Tonnes of ore milled(000's)   1,400 1,635 - 14% 6,000 6,500 - 8% 6,600
Tonnes of ore milled per day   15,400 18,200 - 14% 16,500 17,800 - 8% 18,100
Strip ratio   1.2 0.9 + 33% 1.1 1.5 - 27% 1.1
Grades

gold
(grams/tonne)

0.93 0.79 + 18% 0.87 0.86 + 1% 0.93
  copper
(percent)
0.07 0.05 + 40% 0.05 0.05 - 0.11
Mill recoveries (percent) gold 84 80 + 5% 82 82 - 83
  copper 91 84 + 8% 88 87 + 1% 92
Production gold
(ounces)
35,000 33,200 + 5% 138,400 147,900 - 6% 163,200
  copper
(tonnes)
900 600 + 50% 2,800 2,900 - 3% 7,000
Cost per tonne of ore milled (C$) $14 $12 + 17% $13 $12 + 8% $12



quick links

Download the Troilus section from our first quarter press release for the most recent update.

Download the Troilus section from our 2007 annual information form.

Troilus 2007 sustainability report
(PDF English - 1,889 kB)



Latest news
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