What were the key production figures for Greatland Resources (ASX:GGP) in the March 2026 quarter?

Greatland Resources produced 82,723 ounces of gold and 4,128 tonnes of copper during the March quarter. This performance brings the year-to-date production totals to 249,887 ounces of gold and 11,022 tonnes of copper.

How much cash does Greatland Resources (ASX:GGP) currently have on its balance sheet?

As of 31 March 2026, Greatland Resources holds a cash balance of $1.21 billion (reported as $1,208 million). This follows a substantial quarterly cash build of $260 million.

Does Greatland Resources (ASX:GGP) have any debt following its March 2026 update?

Greatland Resources remains debt-free as of the end of the March 2026 quarter. Maintaining a nil-debt status alongside a $1.21 billion cash reserve provides the company with a highly defensive balance sheet.

How is the conflict in the Middle East affecting Greatland Resources' operations?

Greatland Resources reports no current impact on its Telfer operations from Middle Eastern supply chain volatility. The company secured its diesel supply through long-term contracts with a global oil major via Port Hedland.

What is the current status of the Telfer mine's stockpiles?

Greatland maintains significant surface stockpiles of 22 million tonnes at grades of 0.36g/t gold and 0.05% copper. These stockpiles represent more than 12 months of mill feed, acting as a critical buffer for the processing plant.

Is Greatland Resources (ASX:GGP) protected against a drop in gold prices?

Greatland maintains full upside exposure to rising gold prices but has secured "partial downside price protection" through gold put options.

What are the key risks for Greatland Resources (ASX:GGP) despite the strong update?

While production is strong, Greatland noted that All-In-Sustaining-Costs (AISC) are still being finalised and will not be released until later in April. Investors should monitor these costs closely, as rising inflationary pressures in the mining sector could impact margins.

Greatland Resources hits production highs with $1.2B cash

Q: Has Greatland Resources (ASX:GGP) changed its full-year production guidance for FY26?

Management has tightened its outlook, now expecting full-year gold production to meet or slightly exceed the upper end of its 260,000 to 310,000-ounce guidance range. This upward bias suggests the company is performing better than its original mid-point estimates.

Written by Isaac FrancisPublished Apr. 7 2026Last Updated Apr. 7 2026

Greatland Resources (ASX:GGP) has delivered a commanding preliminary production update for the March 2026 quarter.

The company reported a quarterly production of 82,723 ounces of gold (Au) and 4,128 tonnes of copper (Cu), bringing year-to-date totals to nearly 250,000 ounces of gold.

The operational momentum has translated into a substantial cash build of $260 million, lifting Greatland's total cash reserves to a formidable $1.21 billion as of March 31.

The company maintains a debt-free status, even after accounting for capital expenditure and a $73 million tax payment for the previous financial year.

Operational resilience at the Telfer mine remains a highlight, particularly amidst global supply chain volatility triggered by conflicts in the Middle East.

Greatland confirmed that its operations remain unaffected by diesel supply disruptions, thanks to long-term direct contracts and a transition towards reduced diesel intensity.

The site’s processing plant is powered by Western Australian natural gas, while the underground operation utilises an electric shaft hoist for its highest-grade ore.

Management now expects full-year FY26 gold production to meet or slightly exceed the upper end of its 260,000 to 310,000-ounce guidance range.