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Greatland Resources Limited (ASX:GGP)

ALERT: Price-sensitive ASX Announcement for GGP
Current share price for GGP : $11.150 -0.62 (-5.27%)+
Announcement
Release
6 Jul 2026 8:20AM
Price at Release
$11.770
Full Release
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Summary
Greatland Resources Limited announced their June 2026 Quarter Production Update, reporting a production of 79,099 ounces of gold and 3,573 tonnes of copper, leading to full-year totals of 328,986 ounces of gold and 14,594 tonnes of copper, surpassing their production guidance by 6%. Sales included 326,859 ounces of gold and 14,729 tonnes of copper. The company holds a cash balance of $1,289 million and maintains its exposure to the gold market with some downside protection. A full report is anticipated later in July 2026.
Key Points
  • Greatland Resources Limited provided a preliminary production update for the June 2026 Quarter.
  • Quarterly production included 79,099 ounces of gold and 3,573 tonnes of copper.
  • Full-year production reached 328,986 ounces of gold and 14,594 tonnes of copper, exceeding the FY26 guidance range by 6%.
  • All-In-Sustaining-Cost (AISC) is yet to be finalized.
  • Sales for the fiscal year included 326,859 ounces of gold and 14,729 tonnes of copper.
  • The company reported a cash balance of $1,289 million with no debt as of 30 June 2026.
  • Greatland Resources maintains exposure to gold price fluctuations with some downside protection through gold put options.
  • A full quarterly report is expected later in July 2026.
  • Greatland Resources is listed on the Australian Securities Exchange and London Stock Exchange's AIM Market.
  • The company operates significant projects in Western Australia including Telfer and Havieron.
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.