Creating A ‘Generational’ Gold-Copper Mining Complex

Greatland Gold is set to expand its investor reach and capital markets with its move to cross-list on the ASX.

The cross-listing follows Greatland’s acquisition of Newmont’s Telfer mine and a 70 per cent stake in the Havieron project late last year.

“We are delighted to have formally begun the process today for our listing on the ASX,” Greatland Gold managing director, Shaun Day said.

“The acquisition of Telfer and Havieron, completed in December 2024, immediately transformed Greatland Gold into a leading Australian gold and copper producer. We enjoyed significant Australian institutional investor support for our equity raising to fund the acquisition, and Greatland Gold continues to see strong engagement and interest from the Australian market.

“The ASX listing should enhance our capital markets profile and help facilitate increased research coverage and greater institutional ownership to support improved liquidity and interest in our shares.”

Greatland has also announced its plans for a corporate reorganisation to be implemented through a UK scheme of arrangement. This would see Greatland Gold sit under new Australian parent company, Greatland Resources.

The move, subject to the approval from the UK Court and company investors, is projected to decrease costs and complexity and allow the company to pursue new investment and acquisition opportunities to support longer-term growth.

The Australian gold-copper producer continues to focus on renewing and developing an integrated Telfer–Havieron mining and processing operation, with the hope of developing a “generational” gold-copper mining complex.

Following approvals, Greatland Resources is hoping to list on the ASX on June 23.

Subscribe to Australian Mining and receive the latest news on product announcements, industry developments, commodities and more.