Shares of Greatland Resources Ltd. rose almost 15% on Thursday, joining a broad rally in Australian gold miners as bullion prices rebounded and investors bet on companies with strong cash flow and growth pipelines.

Greatland shares gained A$1.38, or 14.6%, to close at A$10.83, near the session high of A$10.86. About 1.7 million shares changed hands, and the gain lifted the company's market value to roughly A$7.3 billion.

The company did not issue fresh price-sensitive news on Thursday. Its shares rose alongside other gold producers as commodity stocks surged. The ASX 200 materials sector logged its best day since April 2025, rising 5.59%.

Spot gold rose 2.72% overnight to US$4,036.49 an ounce, as investors sought safe havens and the U.S. dollar weakened after Democrats won control of Congress.

Strong September........

© International Business Times