Original article by Peter Ker
The Australian Financial Review – Page: 20 : 11-Sep-24
Greatland Gold has advised the London Stock Exchange that it is in exclusive talks to buy the Telfer gold mine in Western Australia. Greatland added that negotiations are advanced and a deal may be close. Newmont Corporation announced plans to divest Telfer in February. However, Greatland has indicated that any deal to acquire Telfer will be conditional on Newmont repairing leaks in two tailings dams at the mine. Production at Telfer was disrupted by remediation work at the dams earlier in 2024.
CORPORATES
GREATLAND GOLD PLC, NEWMONT CORPORATION – ASX NEM