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How Greatland pulled off 'gold deal of the decade'

Apr 21, 2025 (The Australian - ABIX via COMTEX) --

Greatland Gold is expected to seek a dual-listing on the Australian sharemarket in June. The company's shares - which are listed on the London Stock Exchange's AIM sub-market - have gained 170 per cent since November 2024, shortly before it secured a deal to buy the ageing Telfer gold and copper mine in Western Australia from Newmont Corporation. Canaccord Genuity analyst Alex Bedwany notes that the gold price was trading at around $US2,350 an ounce when the deal was announced in early December; it has since peaked at $US3,357.40 an ounce. The deal with Newmont also included the Havieron copper and gold project..

Publication Date: 21 April 2025

GREATLAND GOLD PLC
NEWMONT CORPORATION - ASX NEM
comtex tracking

COMTEX_464783692/2229/2025-04-21T20:44:45

By Brad Thompson

Copyright 2025 Roy Morgan Research. All Rights Reserved.

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