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.

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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.

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