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

Output expectations at Gruyere adjusted

24th September 2020

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Gold miner Gold Road Resources has reported a seven-day interruption at its Gruyere joint venture (JV) with Gold Fields, in Western Australia.

The company said that a ball mill motor bearing failure occurred on a restart of the Gruyere processing facility after a scheduled maintenance shutdown. Upon detection of the failure, a specialist team was mobilised to site.

Following a thorough inspection, the root cause of the failure has been determined, rectification measures have been taken and the available spare has been installed, with normal processing operations resuming on Thursday, following a seven-day hiatus.

All-in sustaining costs (AISC) for Gold Road’s attributable share of production was expected to peak in the September quarter, with lower gold production as the operation transitioned to fresh rock processing, with the quarter’s costs impacted by reduced gold production. Configuration of the milling circuit for fresh rock processing required some additional plant downtime early in the quarter to maintain throughput rates, Gold Road told shareholders.

Due to the ball mill motor bearing failure and additional plant downtime early in the quarter, Gold Road anticipates gold produced for the September quarter to be 53 000 oz to 57 000 oz, while AISC for the September 2020 quarter are anticipated to be in the range of A$1 540/oz to A$1 590/oz.

As a result of this quarter’s production disruptions, full year production guidance for 2020 is anticipated at 250 000 to 270 000 oz, down from the previous estimate of between 250 000 to 285 000 oz, and Gold Road’s attributable annual AISC guidance is revised to between A$1 250/oz and A$1 350/oz, compared with the previously estimated A$1 150/oz to A$1 250/oz

Edited by Creamer Media Reporter

Comments

Showroom

M and J Mining
M and J Mining

M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...

VISIT SHOWROOM 
SMS group
SMS group

At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024
Resources Watch
Resources Watch
27th March 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:0.117 0.153s - 109pq - 2rq
Subscribe Now