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

Reuters

2025/01/06

** Shares of Gold Road Resources 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

** 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)

((Aaditya.govindrao@thomsonreuters.com;))

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