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Greatland Resources Limited (ASX:GGP)

ALERT: Price-sensitive ASX Announcement for GGP
Current share price for GGP : $9.430 -4.49 (-32.26%)+
Announcement
Release
26 May 2026 8:31AM
Price at Release
$13.920
Full Release
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Summary
Greatland Resources Limited has successfully secured both State and Commonwealth primary environmental approvals for its Havieron gold-copper project in Western Australia. This milestone allows the company to move towards a Final Investment Decision targeted in the June 2026 Quarter. The Havieron project is poised to be a significant underground mining endeavor, expected to yield 270,000 ounces of gold annually at low costs over an initial 17-year mine life. Development efforts are already underway, underscoring the project's potential to establish a prominent gold-copper mining hub in the Paterson Province.
Key Points
  • Greatland Resources Limited received Western Australian State primary environmental approval for the Havieron gold-copper project.
  • The Commonwealth primary environmental approval was received on April 24, 2026.
  • Greatland is advancing towards a Final Investment Decision in the June 2026 Quarter.
  • Early works and critical path project packages at Havieron are underway, including underground development.
  • Havieron is expected to produce around 270,000 ounces of gold annually at low costs with an initial 17-year mine life.
  • The project aims to establish a world-class gold-copper mining hub in the Paterson Province.
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.