logo-loader

Greatland Resources ramp-up continued through June 2026

Published: 02:26 06 Jul 2026 EDT

Greatland Resources ramp-up continued through June 2026

Greatland Resources Ltd (AIM:GGP, OTC:GRLGF, FRA:G8G, ASX:GGP) told investors that its full-year gold production topped guidance after a June quarter that also lifted its cash balance to almost US$1.3 billion with no debt.

The AIM- and ASX-listed miner produced 79,099 ounces of gold and 3,573 tonnes of copper in the three months to 30 June 2026, taking full-year production to 328,986 ounces of gold and 14,594 tonnes of copper.

Full-year gold output was 6% above the top end of Greatland’s FY26 guidance range. Quarterly sales were 74,648 ounces of gold and 3,531 tonnes of copper, taking full-year sales to 326,859 ounces of gold and 14,729 tonnes of copper.

Cash at the end of June stood at US$1.29 billion, up from US$1.21 billion at the end of March, representing an US$81 million cash build after capital expenditure and US$87 million of quarterly tax instalments. A further US$20 million of sales were completed in late June, with cash received after the quarter end.

Greatland said all-in sustaining cost figures are still being finalised and will be included in its full June 2026 quarterly activities report, due later this month.

Morning Report: Caledonia Mining to report 'substantially higher' 2019 earnings

Headlines from the Proactive UK newsroom. Caledonia Mining (LON:CMCL) has upped its earnings estimate for 2019 by 80% due to a combination of a higher gold price, better production and lower operating costs. Adjusted earnings are now expected to be in a range of US$1.55 to US$1.75 per...

on 30/1/20