https://www.miningweekly.com
Gold|Repairs|Resources|Road|Maintenance|Operations
Gold|Repairs|Resources|Road|Maintenance|Operations
gold|repairs|resources|road|maintenance|operations

Gruyere production to be lower than expected - Gold Road

28th June 2021

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Gold miner Gold Road Resources on Monday warned of lower production from its Gruyere joint venture in Western Australia, for the June quarter.

The company told shareholders that owing to disruptions to the processing plant operations at Gruyere, the mine was expected to produce between 52 000 oz and 55 000 oz for the June quarter, compared with the 66 213 oz produced in the March quarter.

As a result of the lower-than-expected gold production and additional plant maintenance, all-in sustaining costs for the June quarter will range between A$1 675/oz and A$1 800/oz, compared with the A$1 386/oz achieved in the March quarter.

The miner said on Monday that gold production for the full 2021 would be at the lower-end of the previous guidance of between 260 000 oz and 300 000 oz, while all-in sustaining costs for the full year would reach between A$1 325/oz and A$1 475/oz.

The disruptions to the processing plant operations included a torn mill feed conveyor belt, which resulted in temporary repairs and reduced processing rates while specialist personnel and materials for the belt replacement were obtained.

Following the shutdown of the milling circuit to replace the conveyor belt, a coupling at the ball mill failed. As a result, processing at Gruyere continued at a reduced rate, with only the semi-autogenous grinding mill in operation.

Repairs to the ball mill were completed at the tail end of last week, and the processing plant has now resumed full operations.

Edited by Creamer Media Reporter

Comments

Showroom

Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 10 May 2024
Magazine round up | 17 May 2024
17th May 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.198 0.236s - 93pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: