Greatland Resources records 329,000 ounces of gold production

·       Greatland Resources reported full-year FY26 gold production of 329,000 ounces, beating its target guidance range.

·       The company finished the year with $1.29 billion in cash and zero debt, while its share price traded down.

·       Management pointed to ongoing operational improvements and resource expansion at Telfer and Havieron to support future growth.

Greatland Resources (ASX:GGP) reported full-year FY26 gold production of 329,000 ounces alongside an all-in sustaining cost of $2,179 per ounce.

This performance exceeded the company's initial production guidance range of 260,000 to 310,000 ounces and came in below its cost guidance.

"This was a standout operational period for the business," said Greatland Managing Director Shaun Day.

The June quarter generated $545 million in revenue from sales of 74,600 ounces of gold and 3,500 tonnes of copper.

Following the announcement, the Greatland Resources share price was down at $10.10.

The company completed 41km of drilling during the June quarter across underground, reverse circulation, and diamond drill rigs.

The company ended the financial year debt-free with a cash balance of $1.29 billion after paying quarterly tax instalments.