Greatland Gold to acquire Havieron and Telfer assets from Newmont for $475m.

Greatland Gold, a company that engages in the exploration and development of natural resources, agreed to acquire Havieron and Telfer assets from Newmont, a gold mining company, for $475m. "We are delighted to be combining the Havieron and Telfer projects under our single ownership, making Greatland a material producer of gold and copper. Through constructive bilateral discussions with Newmont, our joint venture partner at Havieron, we now have a compelling opportunity to create value for our shareholders. Havieron is a truly world class orebody with a defined pathway to become a low-cost long life gold-copper asset of significant scale," Shaun Day, Greatland Managing Director.