Production guidance from the Gruyere gold mine has been downgraded a week before Gold Road Resources’ shareholders vote on a $3.7 billion takeover offer by its project partner Gold Fields.

Gold Road added to the list of Gruyere guidance downgrades on Monday, revealing the mine in central WA is now expected to produce between 310,000 and 320,000 ounces of gold in 2025.

Output of between 325,000oz and 355,000oz was previously pencilled in.

“The lower production is primarily due to previously reported issues with primary crusher maintenance, failure of conveyor belts, and lower than anticipated ore from the mine,” Gold Road stated.

Costs are also anticipated to rise.

“As a result of the lower gold production guidance, and partially offset by lower total mining expenditure, the attributab

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