Proactive news headlines: Greatland Gold, Galileo Resources, NetScientific Galliford Try...
A snapshot of the stories on the Proactive website today
Company
LON:GGP
Greatland Resources is a new leading Australian gold and copper producer, operating the Telfer gold mine, one of Australia’s largest gold-copper mining complexes. The company is concurrently developing the nearby world-class Havieron gold-copper project and exploring across a significant regional portfolio.
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A snapshot of the stories on the Proactive website today
“We consider these licences significant and exciting additions to our growth portfolio," said Shaun Day
Some of the week's mining and metals stories covered by Proactive
A snap of some of the stories on the Proactive site today
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Revenue came in at $48.1m (H1/20: $29.9m) reflecting stronger price environment for precious and base metals during the period as well as stronger contribution from processing of 3rd party material ($11.1 v nil in H1/20). Kapan produced a t
Exploration activities at Havieron are operated by Newcrest Mining Ltd under a joint venture agreement with Greatland
Results from the remaining drill holes at Los Diablos, Parlay and Saddle Reef and sections of the Outamind are expected next month.
Greatland's flagship asset, the world-class Havieron gold-copper deposit, is also in the Paterson region
Callum Baxter was also appointed to the Technical Advisory Committee
The drilling is focused on a number of high-priority targets in ground adjacent to the Havieron joint venture project
“To appoint someone of Otto's calibre and skillset in this newly created role is a significant addition to the company and reflects the scale of the opportunity ahead,” said CEO Shaun Day
Greatland is currently capitalised at around £750mln
Seven new drill holes have all intersected significant mineralisation
The world class Havieron gold-copper deposit in the Paterson region of Western Australia is Greatland’s flagship asset
Havieron is one of the mining industry's most noteworthy discoveries in years
"Greatland stands out to us as a differentiated player, with a significant stake in what we believe will become a large scale, top-tier asset,” the broker said alongside a new 'Speculative Buy' recommendation.
All the latest holes continue to intersect significant mineralisation
"This fast-tracked milestone is indicative of the potential scale of the deposit," said chief executive Shaun Day
Exploration activities at Havieron are operated by Newcrest Mining under a joint venture agreement with Greatland.
Greatland Gold has been a trailblazer in the Paterson region