Articles for tag: Gold, Greatland, Havieron, million, Newmont, sells, stake, Telfer

September 20, 2024

Ron Finklestien

mining

Striking Gold: Greatland Gold Acquires Telfer, Havieron Stake from Newmont for $475 Million

Newmont’s Divestiture Program Gains Traction Newmont’s bold divestiture program gained momentum with the recent sale of Telfer and Havieron to Greatland Gold for a substantial $475 million. These assets were part of a strategic move devised by Newmont earlier this year, including the likes of Éléonore, Musselwhite, Porcupine, CC&V, and Akyem mines. Greatland Gold’s Promising Predicament The acquisition marks a significant step for Greatland Gold, positioning them favorably to take charge of the Havieron gold-copper project. This endeavor, initiated back in 2018 and a focus of Australian junior’s efforts, is set to align with existing infrastructure from the Telfer mine.

May 23, 2024

Ron Finklestien

mining

Greatland grows exploration portfolio in Western Australia

Greatland has identified that the area contains mantle tapping structures, which are a critical component in the formation of large-scale gold and copper mineral systems. The tenement includes a 25km strike length of mantle tapping structures, which are a key component in the formation of large-scale gold and copper mineral systems. Greatland Gold said there is already an Indigenous Land Use agreement in place at Woodlands. The company plans to speed up the exploration process by using current agreements with indigenous landowners, making exploration activities quick and efficient. The first exploration activities at Mount Egerton will include reviewing existing data