Greatland tops FY26 guidance with 328,986 ounces of gold Proactive uses images sourced from Shutterstock

Greatland Resources Ltd (AIM:GGP, OTC:GRLGF, ASX:GGP) has delivered full-year gold production of 328,986 ounces, beating the top end of its FY26 guidance range after producing 79,099 ounces in the June quarter.

The Western Australian gold and copper producer also reported June quarter copper production of 3,573 tonnes, taking full-year copper output to 14,594 tonnes.

Meanwhile, Full-year gold production was 6% above the top end of its 260,000 to 310,000-ounce FY26 guidance range.

Last month, Greatland had increased its Group Ore Reserve by 62% to 5.0 million ounces of gold, marking a major step in its plan to build a long-life gold-copper operation around the Telfer mine and Havieron development in Western Australia’s Paterson Province.

Strong sales and cash build

Greatland recorded June quarter sales of 74,648 ounces of gold and 3,531 tonnes of copper, bringing full-year sales to 326,859 ounces of gold and 14,729 tonnes of copper.

The company ended June with cash of $1.289 billion and no debt, up from $1.208 billion at the end of March, representing a cash build of $81 million for the quarter.

This was achieved following capital expenditure and an $87 million quarterly tax instalment payment for FY26. Greatland also completed $20 million of sales in late June, with the cash received after quarter-end.

Cost update still to come

Greatland said all-in sustaining cost (AISC) figures are still being finalised and will be reported in the company’s full June 2026 Quarterly Activities Report.

The company also noted it retains full upside exposure to the gold price, while partial downside protection is provided through gold put options.

Greatland had secured a US$500 million corporate debt facility and approved the final investment decision for Havieron, giving the company funding firepower to advance one of Australia’s major gold-copper development projects.

About Greatland

Greatland is a gold and copper mining company listed on the ASX and London Stock Exchange’s AIM Market, with operations based in Western Australia.

Its portfolio includes the 100%-owned Telfer mine, the adjacent 100%-owned Havieron gold-copper development project and a significant exploration portfolio in the surrounding region. The company says the combination of Telfer and Havieron provides the platform for a substantial, long-life gold-copper operation in the Paterson Province of Western Australia’s East Pilbara.