Today: 1 July 2026
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NASDAQ:MMSI 9 January 2026 - 11 January 2026

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  • Greatland Resources lifts ore reserve 62%, lands $225M loan
    July 1, 2026, 1:54 AM EDT. Greatland Resources (ASX:GGP) said its Group Ore Reserve jumped 62% to 5 million ounces of gold, mostly on drilling at Telfer's West Dome Open Pit. The company picked up a US$225 million revolving credit facility, set for seven years, to fund working capital and Havieron work. With the loan, Greatland aims to keep funding options open at Telfer-Havieron. The reserve boost points to a long-life gold operation where capital discipline stays key. Analyst forecasts look for A$2.2 billion in revenue and A$526.2 million in earnings by 2029. They see a 26% share price upside, but warn on risks from turning resources into profitable ore on time and within the budget.
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