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Greatland Resources shares jump 14% after strong gold and copper production boosts cash to $1.2bn.

Market News
08 Apr 2026
Proactive Investors
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Bullish
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Greatland Resources reported a strong March quarter with gold production of 82,723 ounces and copper production of 4,128 tonnes, raising its cash reserves by $260 million to $1.208 billion. The company ended the quarter debt-free despite a $73 million tax payment and capital expenditures. Year-to-date production reached nearly 250,000 ounces of gold, with full-year output expected near or above the high end of guidance (260,000-310,000 ounces). The Telfer operation in Western Australia remains unaffected by Middle East supply chain tensions, supported by a long-term fuel contract and ample stockpiles.

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Purecore signs LOI to option 100% of Yurchison uranium property in Canada's Athabasca Basin

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Point closes $508.6M HEI securitization, largest ever in home equity investment class

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