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Greatland Resources ( (GB:GGP) ) has provided an update.
Greatland Resources has released a feasibility study for the Havieron project, confirming its potential as a world-class, low-cost gold-copper mine. The project is expected to generate substantial cash flow and has a significant ore reserve, positioning it as Australia’s third-largest underground gold reserve. The development is fully funded through cash reserves, ongoing operations, and a lending syndicate, with plans to integrate operations with the Telfer mine for cost savings and extended mine life.
More about Greatland Resources
Greatland Resources Limited operates in the mining industry, focusing on gold and copper extraction. The company is leveraging existing infrastructure to develop the Havieron project, which is set to become a significant gold-copper mine in Australia.
Learn more about GGP stock on TipRanks’ Stock Analysis page.