Greatland Gold eyes 'generational mining complex' at Havieron/Telfer
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Greatland Gold PLC is set to complete a feasibility study for its Havieron project within a year and will finalize its acquisition of the Telfer mine from Newmont by December. This acquisition will position Greatland as a major Australian gold and copper producer.
November 18, 2024 | 3:45 pm
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Newmont is selling its Telfer mine to Greatland Gold, which could impact its asset portfolio and focus on other projects.
The sale of the Telfer mine is a strategic move for Newmont, potentially allowing it to focus on other projects. However, the immediate impact on Newmont's stock price is uncertain as it depends on how the market perceives this divestment.
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