InvestSMART

Greatland Resources Limited (ASX:GGP)

ALERT: Price-sensitive ASX Announcement for GGP
Current share price for GGP : $11.150 -3.02 (-21.31%)+
Announcement
Release
28 Apr 2026 8:25AM
Price at Release
$14.170
Full Release
download
Summary
Greatland Resources Limited's March 2026 Quarterly Activities Report highlights significant operational and financial achievements. The company reported a record cash build of $260 million with quarterly production of 82,723 ounces of gold and 4,128 tonnes of copper. The All-In Sustaining Cost (AISC) was $2,056 per ounce, and sales generated $742 million in net revenue. Greatland achieved a major resource upgrade at its Telfer site, increasing its total gold resources to nearly 15 million ounces. The company remains debt-free with a cash balance of $1,208 million and continues to progress its Havieron project, with key environmental approvals in place. The report signals strong growth prospects and operational stability, underpinned by ongoing development and exploration activities.
Key Points
  • Record quarterly cash build of $260 million.
  • Quarterly production: 82,723 ounces of gold, 4,128 tonnes of copper.
  • AISC: $2,056 per ounce.
  • Sales generated net revenue of $742 million.
  • Telfer resource upgrade increased total gold resources to nearly 15 million ounces.
  • Debt-free with closing cash balance of $1,208 million.
  • Progress in Havieron project with key environmental approvals.
  • Strong growth prospects and operational stability.
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.