BUZZ-Australia's Gold Road Resources jumps on record output, higher sales at WA project

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** Shares of Gold Road Resources GOR.AX rise as much as 2.9% to A$2.15, their highest levels since Dec 12, 2024 ** The gold miner posts a record quarterly gold output of 91,631 ounces for the Dec quarter from the Gruyere project in Western Australia, its joint venture with South Africa's Gold Fields GFIJ.J ** Co reports quarterly gold sales of 47,745 oz at an average sales price of A$4,093/oz, vs 32,507 oz at A$3,719/oz in Sept quarter ** About 2 mln shares change hands, compared with the 30-day average volume of 3.8 mln ** Stock rose 4.3% in 2024 (Reporting by Aaditya Govind Rao in Bengaluru) (([email protected];))
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Published Date
6 Jan 2025 at 10:24 AM
Publisher
Refinitiv
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