Gold Road (ASX: GOR)
Will cease trading on the ASX on Friday 26th September 2025, as it is being acquired by Gold Fields, its JV partner at the Gruyere gold mine in Western Australia by way of a scheme of arrangement. Continue reading
Tag Archives: Gold Fields
Gold Road Agrees to Gold Fields’ Takeover
Gold Road Resources (ASX: GOR)
Has entered into a Scheme Implementation Deed with Gold Fields under which Gold Fields has agreed to acquire 100% of the issued share capital in Gold Road by way of a scheme of arrangement.
The current offer price equates to A$3.40 per share plus around a 35 cent special dividend paid at the end. Continue reading
Gold Road Shares Halted Pending Takeover Announcement
Gold Road Resources (ASX: GOR)
The securities of Gold Road Resources Limited (‘GOR’) will be placed in trading halt at the request of GOR, pending it releasing an announcement. Continue reading
Mining Review 30th March 2025
Mining Review 30th March 2025
The story of the week was the bid for Gold Road Resources by it’s mining partner at the Gruyere Gold Mine, Gold Fields.
Gold Road responded by calling the bid “opportunistic”, and making an alternative bid to buy out Gold Fields from their half of the Gruyere mine.
Catalyst Metals sold a mine and announced some good drill results.
Gold Road Announces Gruyere Underground Drill Results
Gold Road Resources (ASX: GOR)
Released initial results from the Gruyere underground drilling program designed to confirm that the Gruyere ore body extends at depth.
The highlights included 119 metres at 1.10 g/t Au including 33 metres at 1.57 g/t Au from 834 metres, from hole GYDDEX00001. Continue reading
Gold Road’s Yamarna Readiness Project Delivering Positive Results
Gold Road (ASX: GOR)
Reported excellent progress as it advances its 100% owned Resources towards mine readiness at Yamarna.
Drilling at Gilmour is on schedule to deliver updated Resources and Reserves in late CY2024. Continue reading
Gold Road Reduces Gruyere Guidance
Gold Road Resources ( ASX: GOR}
Has issed a guidance update reducing their previously stated production and AISC guidance for 2023.
This is blamed on reliability and utilisation of blasting resources, and rain. Continue reading