CAPITAL MARKETS

First profit for Gold Road

GOLD Road Resources has posted its first profit off the back of a strong first year of production at the Gruyere mine in Western Australia.

 Gold Road and Gold Fields' Gruyere mine in eastern Western Australia

Gold Road and Gold Fields' Gruyere mine in eastern Western Australia

Half-year revenue was A$135.1 million from the sale of 60,400 ounces of gold at an average price of $2237 an ounce. On a 100% basis, Gruyere produced 131,460oz at all-in sustaining costs of $1186/oz...

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