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Gold Road/Gold Fields JV flags Gruyere delay, possible cost increases

By:  
Creamer Media Senior Deputy Editor: Australasia
 
GOLD
The Gruyere gold project, in Western Australia, is likely to be late in delivering its first gold, project developers Gold Road Resources and Gold Fields have warned, with the companies also flagging possible cost increases. The joint venture (JV) partners said on Monday that the abnormal weather events during the March quarter had impacted on the project schedule and costs, with first gold now likely to be poured in the June quarter of 2019, rather than the March quarter of 2019, as previously forecast.
 
 
 
 
 

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