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Gruyere JV's capital cost estimate adjusted

By:  
Creamer Media Senior Deputy Editor: Australasia
 
GOLD
The capital cost of the Gruyere gold joint venture (JV), in Western Australia, has increased from A$507-million to A$532-million, following an engineering, procurement and construction review by the JV partners. ASX-listed Gold Road Resources on Wednesday told shareholders that since the JV was formed with South Africa’s Gold Fields, the partners have been working on a detailed review of the feasibility study, which has resulted in a number of improvements and enhancements to the project.
 
 
 
 
 

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