Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGreatland Gold Share News (GGP)

Share Price Information for Greatland Gold (GGP)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 22.45
Bid: 22.25
Ask: 22.50
Change: -0.05 (-0.22%)
Spread: 0.25 (1.12%)
Open: 22.00
High: 23.25
Low: 22.45
Yest. Close: 22.50
GGP Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

Greatland Gold Sees Newcrest Approve Early Works Funding At Havieron

Wed, 13th Jan 2021 10:32

(Alliance News) - Greatland Gold PLC on Wednesday announced Australian gold mining company Newcrest Mining Ltd has approved funding for early works at the Havieron project in Western Australia following regulatory and funding approval last month.

The London-based precious and base metals focused miner said the approval for the AUD146 million, about USD112 million, funding follows receipt of the regulatory approvals needed to commence the construction of the box cut, exploration decline and associated surface infrastructure at the Havieron project, which the two companies own in a joint venture.

Greatland Gold said the loan agreement it entered into with Newcrest back in November will provide it access to loan facilities of USD50 million and will be used to fund its share of early works and growth drilling activities up to the completion of a pre-feasibility study at the project, which Newcrest expects to complete by late 2021.

"Work is ongoing to finalise the water management plan for the early works program and to progress further approvals and permits which will be required to commence development of any operating underground mine and associated infrastructure at the Havieron project," the company said.

Shares in Greatland Gold were up 3.0% at 34.40 pence in London and shares in Newcrest closed up 3.2% at AUD26.96 in Sydney on Wednesday.

By Zoe Wickens; zoewickens@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News

TRADING UPDATES: Victoria Quarter Earnings Rise, Launches Tender Offer

TRADING UPDATES: Victoria Quarter Earnings Rise, Launches Tender Offer

23 Feb 21 18:08

Greatland Gold outlines 2021 work at Juri joint venture

(Sharecast News) - Precious and base metals exploration and development company Greatland Gold announced the initial 2021 work programme for the Juri joint venture on Tuesday, including the drilling of several targets within the Paterson Range East and Black Hills licences.

23 Feb 21 11:04

IN BRIEF: Greatland Submits Licence Application For Paterson Region

IN BRIEF: Greatland Submits Licence Application For Paterson Region

18 Feb 21 14:02

Greatland Gold applies for new licence in Western Australia

(Sharecast News) - Precious and base metals exploration and development company Greatland Gold has lodged an application for a new exploration licence in the Paterson region of Western Australia, it announced on Thursday.

18 Feb 21 10:35

IN BRIEF: Shaun Day Starts New CEO Role At Greatland Gold

IN BRIEF: Shaun Day Starts New CEO Role At Greatland Gold

8 Feb 21 12:09

IN BRIEF: Greatland Gold CEO Heddle Buys GBP112,000 In Shares

IN BRIEF: Greatland Gold CEO Heddle Buys GBP112,000 In Shares

2 Feb 21 06:25

Director dealings: Outgoing Greatland Gold CEO ups stake

(Sharecast News) - Greatland Gold revealed on Monday that chief executive Gervaise Heddle had acquired 500,000 ordinary shares in the AIM-listed precious metals miner.

1 Feb 21 16:35

TRADING UPDATES: One Media Debuts Motoring Channel; Dekel Plots Raise

TRADING UPDATES: One Media Debuts Motoring Channel; Dekel Plots Raise

28 Jan 21 19:32

LONDON TRADING UPDATES: Luceco Expects To Report Record 2020 Profit

LONDON TRADING UPDATES: Luceco Expects To Report Record 2020 Profit

21 Jan 21 16:55

LONDON TRADING UPDATES: Alliance Pharma 2020 Revenue Slips By 5%

LONDON TRADING UPDATES: Alliance Pharma 2020 Revenue Slips By 5%

20 Jan 21 17:40

Greatland Gold Sees Newcrest Approve Early Works Funding At Havieron

Greatland Gold Sees Newcrest Approve Early Works Funding At Havieron

13 Jan 21 10:32

Newcrest Approves AUD146 Million Funding For Havieron Project

Newcrest Approves AUD146 Million Funding For Havieron Project

12 Jan 21 21:50

IN BRIEF: Greatland Gold Inks Regulatory Green Light At Havieron

IN BRIEF: Greatland Gold Inks Regulatory Green Light At Havieron

29 Dec 20 17:06

UK EXECUTIVE CHANGE SUMMARY: CLS Holdings Founder Sten Mortstedt Dies

UK EXECUTIVE CHANGE SUMMARY: CLS Holdings Founder Sten Mortstedt Dies

15 Dec 20 15:11

Tuesday broker round-up

(Sharecast News) - Calisen: Credit Suisse downgrades to neutral with a target price of 261p.

15 Dec 20 13:40

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.