Gold Road Resources Sees Record Quarterly Output at Gruyere Joint Venture; Annual Production Misses Guidance

MT Newswires Live
01-06

Gold Road Resources (ASX:GOR) logged a record production at its Gruyere joint venture in Western Australia in the December 2024 quarter, but annual output slightly missed its guidance, according to a Monday filing with the Australian bourse.

Based on preliminary data, the joint venture produced 91,631 ounces of gold in the three months to December, compared with 68,781 ounces in the prior quarter, the filing said. Annual production for 2024 totaled 287,270 ounces, missing the guidance of between 290,000 ounces and 305,000 ounces.

Gold sales reached 47,745 ounces at an average sales price of AU$4,093 per ounce, the filing said.

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