Gold Road Resources (ASX:GOR) said output from the 50-50 joint venture, Gruyere mine, reached 91,631 tonnes of gold in the December 2024 quarter, up from 68,781 ounces produced in the September quarter, according to a Wednesday filing with the Australian bourse.
The mining company reported an all-in-sustaining cost (AISC) of AU$1,811 per ounce, compared with AU$2,551 in the prior quarter.
For 2025, annual production for Gruyere is projected to be between 325,000 ounces and 355,000 ounces at an attributable AISC of AU$2,400 to AU$2,600 per ounce, the filing stated.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.