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Greatland Resources Limited (ASX:GGP)

ALERT: Price-sensitive ASX Announcement for GGP
Current share price for GGP : $13.490 5.86 (76.80%)+
Announcement
Release
27 Oct 2025 8:38AM
Price at Release
$7.630
Full Release
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Summary
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 at an all-in sustaining cost (AISC) of $2,155 per ounce. The company generated a cash flow of $284 million from operations, resulting in a closing cash balance of $750 million, with no debt. Growth capital expenditures were directed towards projects at Telfer and Havieron, along with significant investment in exploration and resource development. The Havieron Feasibility Study is ongoing and set for completion by December 2025. Greatland continues to benefit from gold put options providing price protection, and it remains focused on resource development, particularly at the Telfer site where a substantial drilling program is underway.
Key Points
  • Quarterly production of 80,890 ounces of gold
  • All-in sustaining cost of $2,155 per ounce
  • Operating cash flow of $284 million
  • Closing cash balance of $750 million, debt-free
  • Growth capital expenditure on Telfer and Havieron
  • Havieron Feasibility Study completion targeted for December 2025
  • Gold put options provide price protection
  • Significant resource development drilling at Telfer
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.