Greatland Resources cheers record quarter of cash amid soaring gold prices

Greatland Resources Ltd (AIM:GGP, OTC:GRLGF, FRA:G8G, ASX:GGP), in its quarterly activities report, told investors it had delivered a record quarterly cash build of A$260 million in the March quarter, as strong gold sales and high realised prices lifted its balance sheet to more than A$1.2 billion. The Western Australia-focused gold and copper miner produced 82,723 ounces of gold and 4,128 tonnes of copper in the quarter at all-in sustaining costs of A$2,056 per ounce.