Troy Ounce


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Troy Ounce

A unit used to measure the mass of precious metals. It is equal in weight to 31.1034768 grams.
References in periodicals archive ?
With gold at times nearing $1,000 troy ounce, the industry must surely be re-evaluating the potential for profit.
Under the terms & conditions of the agreement, WPM expects to commence production on or before: June 1st, 2008, at the rate of ten (10) troy ounces of 999.
This gold inventory has an estimated value of approximately $504 million at a gold price of $800 per troy ounce.
The increased flows through the leach facility have increased daily gold recoveries from a June 2006 low of 580 troy ounces per day to approximately 1,000 troy ounces per day during November 2006.
is the only company in the world with a "Beneficial Use Photochemical, Silver, and Water Recycling" facility that extracts more than 99 percent of the silver and virtually all the other toxic heavy metals from used photoliquids and converts the resulting liquids into environmentally beneficial, chelated, multinutrient liquid fertilizer products sold under the GOLD'n GRO trademark, and 5 troy ounce, 0.
The Buen Futuro project has current estimated proven and probable reserves of 84,000 troy ounces of gold and 82 million pounds of copper.
13 million troy ounces as of the beginning of December 2012, the NBU said in a statement.
The miner lowered its production guidance for the year to 750,000-800,000 troy ounces, from 800,000-850,000 ounces, because of lower expected output at its Buzwagi gold mine.
Inductotherm manufactures a complete line of coreless and channel-type induction melting systems with furnace capabilities ranging from troy ounces to 250 tons and power supplies from 15-23,000 kW.
A former gold mine on the property produced 231,000 troy ounces of gold from three mineral rich vein systems.
Preliminary testing has shown confirmed reserves in excess of 80,000 troy ounces of gold to date, and more than two million additional troy ounces possible.
At present ABG operates four mines namely Bulyanhulu, Buzwagi, North Mara and Tulawaka gold mines and has estimated its gold forecast is between 760000 troy ounces to 800000 troy ounces of gold and Tanzania is vying for the Africa s third gold producer position.