Greatland Gold (GB:GGP) has released an update.
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Greatland Gold has announced the acquisition of the Havieron gold-copper project and Telfer mine from Newmont Corporation, positioning itself as a major gold and copper producer in Australia. The $475 million deal, supported by substantial equity funding and debt financing, includes a complete ownership of Havieron and the Telfer infrastructure, enhancing Greatland’s mining potential and operational continuity. This strategic move is set to significantly boost Greatland’s production capacity and value for shareholders.
For further insights into GB:GGP stock, check out TipRanks’ Stock Analysis page.
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