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Greatland Resources boosts gold reserves 62% to 5Moz, driven by Telfer drilling success.

Market News
29 Jun 2026
Proactive Investors - Finance
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Bullish
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Greatland Resources has increased its Group Ore Reserve by 62% to 5 million ounces of gold, mainly due to a 150% rise in reserves at the Telfer mine following a successful drilling campaign. The Telfer reserve now stands at 1.8 million ounces of gold, supported by significant contributions from the West Dome Open Pit. Additionally, a maiden underground reserve at Main Dome adds 0.2 million ounces, extending mine life. The Havieron project remains a key part of the portfolio with 3.3 million ounces of gold. Greatland also secured a $225 million credit facility to support ongoing development and plans further drilling to grow resources and reserves.

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Viasat and BMW Group demonstrate the first integrated automotive satellite voice call, enabling connectivity in remote areas.

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Iran warns of crushing retaliation if US targets its infrastructure amid escalating strikes.

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Solana (SOL) holds steady in the mid-$70s, boosted by $500M USDC mint, institutional access, and ETF momentum.

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