PRECIOUS METALS

Gruyere focus moves from plant to pit

MINING delays may have caused Gold Road Resources to cut its full-year guidance, but today’s production update wasn’t all bad news, with the company enjoying a record average price of A$2961 per ounce for the June quarter.

Gruyere focus moves from plant to pit

That had a knock-on effect on income, with an attributable operating cashflow from its 50%-owned Gruyere of $68 million and free cashflow of $30 million, allowing it to end the quarter with cash and equivalents...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.