PRECIOUS METALS

Gruyere grows again

THE 50:50 joint venture between Gold Fields and ASX-listed Gold Road Resources has delivered a 29% increase in resources at Western Australia’s new A$610 million Gruyere gold mine, increasing the JV’s total resources to 6.6 million ounces, even after mining depletion of 190,000oz.

Rivers of gold should continue to flow from the mine this year.

Rivers of gold should continue to flow from the mine this year.

The boost comes from 11,300m of diamond and RC drilling at the recently-commissioned mine that delivered a 1.23Moz boost in measured and indicated resources to 6.1Moz.   The Gruyere deposit hosts 5.6Moz,...

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