Greatland Resources Limited (LSE:GGP) has confirmed a change in its senior leadership team, with Chief Operating Officer Simon Tyrrell stepping down from his position. Tyrrell will remain available to assist with the handover process through 30 June 2026 to ensure a smooth transition.
The company has initiated a formal recruitment process to identify a permanent replacement, underscoring its focus on maintaining operational stability and leadership continuity during the interim period.
In the meantime, long-serving Group Mining Engineer Otto Richter has been appointed Acting COO. Richter brings more than 25 years of experience in both open-pit and underground gold mining and has played a central role in Greatland’s operational planning and development strategy. His appointment is intended to provide steady oversight of the company’s Telfer mine and Havieron project as the board reviews its longer-term executive structure.
Greatland’s outlook is largely supported by a marked improvement in financial performance in FY2025, characterised by strong margins, solid cash generation and low leverage. Technical indicators remain favourable, reflecting a sustained upward trend in the share price, although overbought conditions may introduce short-term volatility. Valuation metrics remain stretched, however, with a high price-to-earnings ratio weighing on the overall assessment.
More about Greatland Resources
Greatland Resources Limited is a gold and copper mining company dual-listed on the Australian Securities Exchange and AIM in London, with operations based in Western Australia. Its core assets include the wholly owned Telfer gold-copper mine, the nearby Havieron development project, and a substantial exploration portfolio in the Paterson Province, positioning the group to build a long-life gold-copper production centre.
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