Greatland Resources Ltd (AIM:GGP, OTC:GRLGF, ASX:GGP) delivered a solid preliminary production and sales performance for the September 2025 quarter, while reiterating financial year 2026 guidance and flagging a materially higher cash balance.
The company produced 80,890 ounces gold (Au) and 3,366 tonnes copper (Cu) in the quarter, with sales of 82,199 ounces Au and 3,277 tonnes Cu.
All-in sustaining cost (AISC) for the period is yet to be finalised and will be reported in the September 2025 Quarterly Activities Report, but is expected to be around the lower end of financial year 2026 guidance.
Guidance for the financial year 2026 remains unchanged at 260,000–310,000 ounces Au at an AISC of $2,400–$2,800 per ounce Au.
Balance sheet strength improved with cash of $750 million at September 30, 2025 (June 30, 2025: $575 million) and nil debt, representing a cash build of $175 million for the quarter after capital expenditure.
Greatland will release its full September 2025 Quarterly Activities Report on Monday, October 27, 2025, and will host a webcast the same day, with details to follow.
In trading in Australia, the shares rose 10% to $8.35.