June 2025 Quarter Production Update

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Stock Gold Road Resources Ltd (GOR.ASX)
Release Time 8 Jul 2025, 8:16 a.m.
Price Sensitive Yes
 Gold Road Resources Announces June 2025 Quarter Production Update
Key Points
  • Gruyere's preliminary production result for the June quarter is 72,980 ounces of gold
  • Gold Road sales totalled 37,741 ounces at an average sales price of A$5,131 per ounce
  • Cash and equivalents increased substantially to approximately A$242.2 million
Full Summary

Gold Road Resources Limited (Gold Road) has released its preliminary production update for the June 2025 quarter. The Gruyere JV, a 50:50 joint venture with Gruyere Mining Company Pty Ltd, a member of the Gold Fields Ltd group, reported that Gruyere's preliminary production result for the June quarter was 72,980 ounces of gold on a 100 per cent basis, up from 71,226 ounces in the previous quarter. Gold Road's sales for the quarter totalled 37,741 ounces at an average sales price of A$5,131 per ounce. The company's cash and equivalents, including gold doré and bullion on hand, increased substantially to approximately A$242.2 million, up from A$203.8 million in the previous quarter, with no debt drawn. Gold Road also held listed investments with a market value of approximately A$921 million as at the end of June 2025. The company anticipates that Gruyere's full-year production will be at the lower end of guidance of 325,000 - 355,000 ounces (162,500 - 177,500 attributable), with AISC anticipated to be around the top end of guidance of between A$2,400 and A$2,600 per ounce.

Guidance

Gold Road anticipates Gruyere's full year production will be at the lower end of guidance of 325,000 - 355,000 ounces (162,500 - 177,500 attributable). AISC is anticipated to be around the top end of guidance of between A$2,400 and A$2,600 per ounce.