Greatland Gold
Under Review
04,February, 2025
The AIM-traded firm said that in the 27 days from completion to the end of December, Telfer produced 29,864 ounces of gold and 1,189 tonnes of copper, equivalent to 33,882 ounces of gold.
It said the production rate exceeded initial expectations by about 33%, though the company noted that the short timeframe and higher-than-average mill grades contributed to the strong performance.
A total of 1.47 million tonnes of ore were processed during the period, with 639,000 tonnes mined from the West Dome Open Pit and 95,000 tonnes from the Telfer Underground operations.
As of 31 December, Telfer's estimated stockpiles included 10.9 million tonnes of run-of-mine material containing 247,000 ounces of gold and 7,600 tonnes of copper, alongside 24.5 million tonnes of low-grade stockpiles containing 262,000 ounces of gold and 12,200 tonnes of copper.