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Why Did Greatland Slash FY26 Gold Production and Triple Capital Spend?

9:13am on Friday 8th of August, 2025 AEST Mining
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Why Did Greatland Slash FY26 Gold Production and Triple Capital Spend?

9:13am on Friday 8th of August, 2025 AEST
Key Points
  • FY26 gold production target lowered to 260–310koz from 300–340koz
  • Capital expenditure forecast for Telfer growth rises to $230–260 million from $80 million
  • Operating cost guidance slightly increased but deemed immaterial by the company
  • Updated guidance approved post-board meeting on 28 July 2025 and disclosed in June Quarterly Report
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