It means the existing mine shell is projected to last until 2032. Then there is a further estimated 3 million ounces below the existing pit shell that may be mined in the future.
By then the De Grey mine in the Pilbara will have had a number of years of production if GOR hold their 20% ownership.
GOR still has a very bright future.
Ann: Gruyere 3-Year Outlook & Mine Life Reaffirmed, 1 Moz, page-4
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