Gold Road Resources Limited Presents Preliminary Production Update for June Quarter 2025

Strategic Insights -

Gold Road Resources Limited, a key player in the gold mining industry, has released a preliminary production update for the June 2025 quarter at the Gruyere gold mine, a 50:50 joint venture with Gruyere Mining Company Pty Ltd, a member of the Gold Fields Ltd group. The update provides insight into the mine's performance, including gold production and sales, financial metrics, and operational highlights. The full quarterly report, scheduled for release later this month, will provide further details on the company's financial and corporate performance.

Key Takeaways:

  • Gold Road's attributable gold production for the June quarter 2025 was 36,490 ounces, based on 100% of total gold production of 72,980 ounces.
  • The company's average sales price for gold in the June quarter was A$5,131 per ounce, resulting in total gold sales of 37,741 ounces.
  • Gold Road's cash and equivalents increased substantially to approximately A$242.2 million in the June quarter, with no debt drawn.
  • The company held listed investments with a market value of approximately A$921 million as of June 2025.
  • Gold Road anticipates the Gruyere mine's full-year production will be at the lower end of guidance of 325,000 - 355,000 ounces (162,500 - 177,500 attributable).
  • AISC is expected to be around the top end of guidance of between A$2,400 and A$2,600 per ounce, subject to confirmation in the June quarterly report.

Statistics:

  • June Quarter Gold Production: 72,980 ounces (100% basis)
  • Attributable Gold Production: 36,490 ounces
  • Average Sales Price per Ounce: A$5,131
  • Total Gold Sales: 37,741 ounces
  • Cash and Equivalents: A$242.2 million
  • Market Value of Listed Investments: A$921 million
  • Anticipated Full-Year Gold Production: 325,000 - 355,000 ounces (162,500 - 177,500 attributable)
  • Anticipated AISC: A$2,400 - A$2,600 per ounce

Sources:

  • Gold Road Resources Limited (2025) Preliminary Production Update for June Quarter 2025.
  • Gold Road Resources Limited, Statement to the Australian Securities Exchange (ASX), 5 May 2025.