Greatland Gold CEO on Telfer and Havieron acquisition
Published: 04:15 05 Dec 2024 GMT
Greatland Gold PLC (AIM:GGP, OTC:GRLGF) CEO Shaun Day spoke with Proactive’s Tylah Tully about the acquisition of the Telfer Mine and Havieron Project from Newmont.
This milestone marks a transformative moment for Greatland, as it transitions into a gold and copper producer with a strong development pipeline in Australia.
Shaun Day reflected on the acquisition's significance, stating, "We take 100% ownership of Telfer and Havieron, positioning us as a significant Australian gold-copper producer."
He shared insights from the first day on-site under Greatland’s ownership, highlighting a renewed focus on safety, exploration and long-term mine planning.
"Telfer isn’t lost in a global portfolio. This is our focus," Day emphasised.
Greatland aims to integrate production from Telfer’s open pit and underground mines with output from Havieron, creating a unified mine plan for the Telfer mill.
Additionally, the company plans to extend mine life, incorporate new resources and explore further regional opportunities.
Day described the breadth of opportunities as “exciting,” with plans to maximize reserves and maintain a long-term growth strategy.
