Golden road ahead for Gruyere

The Gruyere gold mine (a 50:50 joint venture with Gold Fields) is a tier 1 low-cost and long-life asset with current mine life of more than 10 years.
The Gruyere gold mine (a 50:50 joint venture with Gold Fields) is a tier 1 low-cost and long-life asset with current mine life of more than 10 years.

Gold Road Resources (ASX: GOR) has lifted production to 72,980oz at the Gruyere joint venture in WA for the June 2025 quarter.

This follows Gold Fields’ $3.7b takeover bid aimed at consolidating Gruyere.

Gold Road anticipates Gruyere’s full year production will be at the lower end of guidance of 325,000-255,000oz.

June quarter sales totalled 37,741oz at an average price of $5131/oz with about 2027oz gold doré and bullion on hand for Gold Road.