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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