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Greatland jumps after Newcrest move

Australian gold major Newcrest Mining has issued a notice to Greatland Gold that will kick off negotiations for Newcrest to increase its stake in the Havieron joint venture in Western Australia’s Paterson Province.

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Decline construction at Havieron

Newcrest has earned 70% of the project via a farm-in and has an option to acquire an additional 5% from Greatland at fair market value.

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