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Greatland Resources ( (GB:GGP) ) has provided an announcement.
Greatland Resources Limited reported a strong start to FY26 with a quarterly production of 80,890 ounces of gold and 3,366 tonnes of copper, generating $284 million in cash flow from operations and closing with $750 million in cash. The company achieved exceptional gold recovery rates and maintained a zero lost time injury frequency rate, highlighting operational efficiency and safety improvements. Financially, Greatland remains debt-free and has generated significant cash flow since acquiring Telfer, providing flexibility for future developments. The company is progressing with its Telfer growth projects and the Havieron Feasibility Study, which is expected to be completed by December 2025.
More about Greatland Resources
Greatland Resources Limited is a company operating in the mining industry, primarily focusing on the production of gold and copper. The company is involved in resource development and exploration, with significant operations at the Telfer and Havieron projects in Western Australia.
Learn more about GGP stock on TipRanks’ Stock Analysis page.