Greatland Gold makes strong start to ownership of Telfer mine
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Greatland Gold PLC reported a successful start to its ownership of the Telfer mine, producing nearly 30,000 oz of gold and over 1,100 tonnes of copper in the first month. The dual train processing operations resumed immediately, processing 1,466kt of ore by the end of December 2024.
January 22, 2025 | 8:00 am
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POSITIVE IMPACT
Greatland Gold PLC has made a strong start at the Telfer mine, producing significant amounts of gold and copper in the first month of ownership, indicating potential positive revenue impacts.
The successful production figures from the Telfer mine suggest a positive impact on Greatland Gold's revenues, which could lead to a short-term increase in stock price. The immediate resumption of dual train processing operations further supports operational efficiency and output.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90