Greatland Resources Ltd (ASX:GGP, AIM:GGP) has secured the final major environmental approval required for development of its flagship Havieron gold-copper project in Western Australia, clearing a key hurdle ahead of a final investment decision expected later this quarter.
The company confirmed that the Western Australian Minister for the Environment granted state approval for the project under the Environmental Protection Act following a recommendation from the Western Australian Environmental Protection Authority.
The approval follows federal environmental clearance received in April under Australia’s Environment Protection and Biodiversity Conservation Act, meaning Havieron has now obtained both principal environmental permits required for development and operations.
Management is targeting a final investment decision during the June 2026 quarter as the company advances plans to integrate Havieron with the nearby Telfer Mine processing operation within the Paterson Province.
Development activity is already accelerating across the project, with tendering and early works progressing on several critical infrastructure areas including the boxcut tunnel, underground development works and preparations for blind bore construction.
Managing director Shaun Day described the approvals as a significant milestone achieved through extensive stakeholder engagement and technical work.
Greatland expects Havieron to produce around 270,000 ounces of gold annually during steady-state operations at what it describes as lowest-quartile operating costs, with an initial mine life estimated at 17 years.
The company believes the combined development of Havieron alongside extensions to the Telfer operation could establish a long-life gold-copper mining hub in the Paterson Province spanning multiple decades.
The approvals come as Greatland continues broader exploration success across the region, including encouraging drilling results near Telfer’s West Dome Open Pit and strong gold-copper intercepts at the nearby Pinnacles target.
The company has also benefited from elevated gold prices and strong recent operational performance, recently reporting record quarterly cash generation while remaining on track toward the upper end of production guidance.
