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Gold Road Resources and partner officially open Gruyere Gold Mine in Western Australia’s Eastern Goldfields

A key focus of the Gruyere JV has been to work with the traditional owners, the Yilka people, to provide employment and develop and deliver career pathways for the local community.

Gold Road Resources Ltd - Gold Road Resources opens Gruyere Gold Mine in Western Australia’s Eastern Goldfields
Gold Fields chair Cheryl Carolus, Gold Road chairman Tim Netscher, WA Minister for Mines and Petroleum Bill Johnston and Yilka Talintji Aboriginal Corporation chair Harvey Murray

Gold Road Resources Ltd (ASX:GOR) officially opened the Gruyere Gold Mine joint venture with Gold Fields Limited (NYSE:GFI) earlier this week and Western Australia’s Mines and Petroleum Minister, the Honourable Bill Johnston, was present.

A ceremony was held at the mine site attended by representatives of the joint venture parties, key contractors and the traditional owners of the land – the Yilka people.

To provide around 250 jobs

Speaking at Gruyere’s opening Minister Johnston said: “Congratulations to Gold Road and Gold Fields on the opening of Western Australia’s newest gold mine.

“The Gruyere project is vitally important to Western Australia, not only because of its gold output but also because it will provide around 250 jobs over the next 12 years and open up a new gold province.”

Gold Road managing director and CEO Duncan Gibbs said: “Gruyere’s development has been an amazing journey for Gold Road and a testament to the company’s vision and persistence.

“We made the discovery six years ago and today we have opened a greenfield operation that is the first to produce gold in the prospective Yamarna Belt.

Gold Fields executive vice president Australasia Stuart Mathews with Gold Road's managing director and CEO Duncan Gibbs at the Gruyere Process Plant

“Gold Road is proud that our exploration success has led to the creation of employment and contracting opportunities in regional Western Australia, including for the Yilka people with whom we have forged a strong relationship.

“Our focus now is to work with our partner Gold Fields to deliver sustained value from Gruyere while our exploration team is focused on further unlocking the gold potential of the Yamarna Belt.” 

Gold Fields executive vice president Australasia Stuart Mathews said: “Gold Fields is excited to have Gruyere as part of its portfolio of mines in Western Australia including St Ives, Granny Smith and Agnew operations.

“Gold Fields has a demonstrated commitment to Western Australia and Gruyere is an incredible example of a gold mining operation which provides long-term jobs, sustained industry investment and ongoing spend and support to the local economy.” 

Quick facts: Gold Road Resources Ltd

Price: 1.75 AUD

Market: ASX
Market Cap: $1.54 billion

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