Greatland Gold Plc

Description

Founded in the year 2005, Greatland Gold plc is a UK-based company that is involved in exploration and development of minerals and other natural resources with the main focus on gold in Tasmania and the western part of Australia. Headquartered in London, the company was admitted to the FTSE AIM in 2006. The major activities of the company include sampling of various soil types, geological mapping, geophysical surveys etc. 

The company is classified into two divisions: the UK and Australia. The company runs various mineral exploration projects across its area of operation. The Havieron project is located in proximity to the Telfer gold mine in the western region of Australia. The Ernest Giles project is also running in western Autralia and it focuses on the exploration of Yilgarn Craton, which is a major mineral province in Australia. The Bromus project is in Western Australia near the gold mine in the Yilgarn region. The company also runs the Firetower project and the Warrentinna project in Tasmania.

The company has gained a very good reputation in the mining and exploration industry and its business strategy focuses on investing in the exploration of targeted areas that have largely remained untouched in the past. The potential areas of exploration are selected using geological mapping and investigation. The current projects focus on the western region of Australia and Tasmania because they are largely unexplored and may hold a huge quantity of historically valuable deposits. Australia provides great potential for exploration as it has a well-established mining industry with very systematic and sustainable infrastructure, good and stable governance, mining codes and a skilled and efficient workforce.

Greatland Gold is trying to explore new sites for exploration and build a diversified and balanced portfolio to maximise the risk-adjusted returns for all stakeholders. This is achieved through minimisation of cost, capital raising and joint venture agreements and partnerships.

The company follows a well-defined framework of corporate governance and has an ethical code of conduct for running its business operations. It aligns itself with the principles of QCA Corporate Governance Code and fulfils its social and environmental responsibilities in addition to its corporate responsibilities. It promotes a culture based on transparency, integrity, and accountability. It is committed to create a safe and inclusive working environment and it also works to create a positive impact on the broader community.