Greatland Gold Shares Rise as Partner Newcrest Accelerates Drilling
24 Février 2020 - 10:45AM
Dow Jones News
By Adria Calatayud
Shares in Greatland Gold PLC rose Monday as its partner in the
Havieron gold project in Western Australia, Newcrest Mining Ltd.,
plans to accelerate drilling activity.
Greatland, a U.K. mining company, said Newcrest is investigating
the potential to start an exploration decline at Havieron by the
end of this year, as well as the potential to achieve commercial
production within two to three years from commencement of
decline.
Shares in Greatland are up 6.3% at 5.15 pence, having earlier
peaked at 5.35 pence.
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
February 24, 2020 04:30 ET (09:30 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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