Wyloo is pleased to support Greatland Gold plc’s (Greatland’s) consolidation of the world-class Havieron gold-copper development project (Havieron) and the producing Telfer gold-copper mine (Telfer) in the Paterson region of Western Australia, with a funding package of up to US$100 million.
Wyloo’s investment will support Greatland’s acquisition of the remaining 70 per cent interest in Havieron (consolidating Greatland’s ownership of Havieron to 100 per cent), 100 per cent of Telfer, and other related interests in assets in the region.
“The consolidation of Havieron and Telfer will enable Greatland to create a world-class mining and processing hub in the emerging Paterson Range province,” said Luca Giacovazzi, CEO Wyloo.
“We look forward to continuing to support Greatland as it develops the Havieron project and establishes itself as a leading Australian gold producer.”
Wyloo’s support of this transformational acquisition builds upon its position as a cornerstone investor in Greatland since 2022.
Greatland will emerge from the transaction as a multi-project gold and copper company with material production from an established mine in Telfer complemented by a low-cost, long-life growth asset in Havieron.
Read more here: https://greatlandgold.com/