Greatland’s Telfer targets new ore nearby Telfer is a gold-copper mine in WA, around 485km south-east of Port Hedland. The site already has a mill/processing plant, which is the key advantage — it can handle ore without needing a brand-new facility. What changed this week? Greatland Resources, which took over Telfer in December 2024, has signed a new joint venture called “Telfer South” with Rincon. The goal is simple: hunt for more ore close to the existing operation. What’s the plan? Under the deal, the partners plan to spend $2 million over three years on exploration in the nearby ground. If they find a deposit that can be mined, any ore could be trucked back and processed through Telfer’s existing plant. Why it matters For miners, finding ore near an operating plant can be a big win — it can potentially extend production and make better use of the infrastructure that’s already there, rather than building new processing from scratch. Credits: Map imagery: Google Maps/Earth. Photo credit: Greatland Resources (Telfer). — ASX:GGP| ASX Mining News & Discussion
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$GGP Greatland’s Telfer targets new ore nearby

Telfer is a gold-copper mine in WA, around 485km south-east of Port Hedland. The site already has a mill/processing plant, which is the key advantage — it can handle ore without needing a brand-new facility.

What changed this week?

Greatland Resources, which took over Telfer in December ...
Greatland’s Telfer targets new ore nearby

Telfer is a gold-copper mine in WA, around 485km south-east of Port Hedland. The site already has a mill/processing plant, which is the key advantage — it can handle ore without needing a brand-new facility.

What changed this week?

Greatland Resources, which took over Telfer in December 2024, has signed a new joint venture called “Telfer South” with Rincon. The goal is simple: hunt for more ore close to the existing operation.

What’s the plan?

Under the deal, the partners plan to spend $2 million over three years on exploration in the nearby ground. If they find a deposit that can be mined, any ore could be trucked back and processed through Telfer’s existing plant.

Why it matters

For miners, finding ore near an operating plant can be a big win — it can potentially extend production and make better use of the infrastructure that’s already there, rather than building new processing from scratch.

Credits: Map imagery: Google Maps/Earth. Photo credit: Greatland Resources (Telfer).

Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience.

Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?