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General mining & base metals

Greatland Resources reveals strong set of financials

Greatland Resources Ltd (AIM:GGP, OTC:GRLGF, ASX:GGP) reported a net profit after tax of $337.3 million for the year ended 30 June,

In the financial results statement, Greatland's first set since acquiring the Telfer gold-copper mine in December, revenue reached $961.3 million, with an average realised gold price of $4,785 per ounce. Operating cash flow amounted to $601.1 million.

The gold miner ended June with $574.7 million of cash and equivalents, with no debt at year-end.

“Producing such a strong set of financial results from the first seven months of ownership of Telfer is a great credit to the significant efforts of our team," said managing director Shaun Day.

"Our focus continues to be on the delivery of our FY2026 operational plan and progressing the growth opportunities at Haverion and Telfer”.

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