Greatland Resources Limited reported a net profit after tax of $862 million for the fiscal year ending June 30, 2026. Revenue reached $2.26 billion during the period. Both profit and revenue figures more than doubled compared to the previous year. This performance marks the company's first full year operating the Telfer mine.
The company sold 326,859 ounces of gold and 14,730 tonnes of copper. Cash reserves increased to $1.29 billion by the end of the fiscal year. Greatland Resources reported a zero-debt balance sheet.
Gold production guidance for fiscal year 2027 is set between 260,000 and 300,000 ounces. The company outlined significant capital spending plans for its Telfer and Havieron projects.