Greatland hails transformative year and plans further Telfer and Havieron expansion
Greatland Resources calls its first year owning the Telfer gold and copper mine transformative, reporting net profit after tax of A$862 million (+156%). With construction spending at Telfer starting in earnest, it targets gold output of 260,000–300,000 ounces and sets growth capital of A$365–435 million at Havieron and A$315–335 million at Telfer, plus A$70–80 million for resource development, entering with about A$1.3 billion net cash.