ASX Release Westgold is an agile ASX200 Australian gold company with six operating underground mines and combined processing capacity of ~6Mtpa across two of Western Australia's most prolific gold regions. Financial values are reported in A$ unless otherwise specified This announcement is authorised for release to the ASX by the Board. PERTH, Western Australia, April 30, 2025 /CNW/ - Record quarterly operational cash [...]
Westgold Resources is pleased to provide this summary of the Scoping Study into the potential expansion of the Company's existing 1.6Mtpa Higginsville Processing Plant at Higginsville to 2.6Mtpa. The HXP Scoping Study evaluates the expansion of the existing 1.6Mtpa Higginsville processing plant to 2.6Mtpa - reducing the operating cost per tonne of a large facility that can be further expanded as resource opportunities [...]
USA News Group News Commentary Issued on behalf of Lake Victoria Gold Ltd. USA News Group News Commentary - As tariff talks continue from the White House, gold prices rebounded back above $3,010, signalling that markets still favor gold as the safe bet for any stagflation or recession. Major banks continue to lean bullish in where gold prices are headed, including HSBC, Bank of America, Standard Chartered, and Citigroup [...]
Westgold Resources advises that after an independent market and peer review, the executive services agreement between the Company and Mr Wayne Bramwell, Managing Director and CEO has been varied to reflect current market conditions and the demand for experienced mining executives. Effective 1 March 2025, Mr Bramwell's fixed remuneration is AUD$925,000 per annum, exclusive of superannuation contributions. To support the [...]
Westgold Resources is pleased to announce it has successfully completed the divestment of its non-core, Lakewood Milling Operation to Black Cat Syndicate for a total consideration of $85M, comprising $70M in cash and $15M in BC8 scrip issued at $0.76 per share. As of 31 March 2025, Westgold has received $25M in cash, with an additional $20M payment due by 30 June 2025 and the final cash payment of $25M on 30 November [...]
Westgold Resources will lodge its March 2025 Quarterly Report with the ASX on Wednesday, 30 April 2025. To streamline our communications from March 2025, Westgold will discontinue the issuance of quarterly production and cash position updates prior to having its full quarterly cost results finalised. This ensures all production and cost results are released simultaneously. To further assist shareholders and analysts [...]
Westgold Resources wishes to advise pursuant to Listing Rule 3.13.2 that the resolution presented at the General Meeting of Shareholders held today was carried by a poll. In accordance with Listing Rule 3.13.2 and section 251AA of the Corporations Act, the Company advises details of the resolution and the votes received in respect of the resolution are set out in the attached summary. This announcement is authorised for [...]
Westgold Resources is pleased to announce the divestment of the non-core Lakewood Milling Operation to Black Cat Syndicate Ltd. for a total consideration of $85M consisting of $70M in cash and $15M in BC8 scrip . BC8 will also assume approximately $8M in rehabilitation liabilities - please refer to BC8's ASX announcement of 25 February 2025 for further information. The transaction is expected to complete on or before 31 [...]
Westgold Resources Limited - refers to an article published in The Australian Financial Review on 18 February 2025 in respect of the possible divestment of non-core assets. Westgold would like to clarify that, consistent with its strategic portfolio review announced in its December 2024 Quarterly Report dated 23 January 2025 and its September 2024 Quarterly Report dated 31 October 2024, it continues to assess strategic [...]
Westgold Resources is pleased to provide an update on resource development drilling activities at the Beta Hunt mine at Kambalda. This includes further results from Westgold's inaugural drilling program at the Fletcher Zone and details of planned drilling of the potential southern extension of Fletcher. Highlights BETA HUNT Additional large, high-grade drilling intervals returned at Fletcher including: 41.00m at 7.99 g/t [...]
PERTH, Western Australia, Feb. 14, 2025 /CNW/ - Westgold Resources Limited - is pleased to report its financial results1 for the half-year ended 31 December 2024. Additional information is provided in the Appendix 4D, FY25 Half Year Financial Results and Management's Discussion and Analysis reports released today. Highlights for H1 FY25 Gold production of 158,255 ounces at AISC of $2,562/oz Revenue up 72% - to $624M [...]