Articles On Westgold Resources (ASX:WGX)

Title Source Codes Date
Monsters of Rock: Northern Star defends hedges as gold prices spike; Metals Acquisition bats off M&A talk

Gold prices are in rarified air and for a sense of the profitability of gold miners right now look no further than Northern Star Resources’ (ASX:NST) quarterly report. Australia’s biggest single listed gold miner sold 401,000oz at all in su...

Stockhead WGX 23 hours ago
Monsters of Rock: One year wait to revive manganese for South32 and Base becomes Ace

  South32 runs higher as it maintains guidance, but it faces a long and expensive clean up job at GEMCO Ramelius ups gold guidance, plans to have $500m+ cash pile by June 30 Base pivot on monazite draws premium rare earths takeover   Sout...

Stockhead WGX 1 day ago
Buying ASX gold shares? Here's where this top fundie sees 'multi-bagger' gains on offer

ASX gold shares have been enjoying a tremendous run over the past seven weeks. As you're likely aware, the outsized gains many of the Aussie gold miners have been posting since the end of February have been fuelled by a fast-rising gold pri...

Motley Fool WGX 2 days ago
Monsters of Rock: Strong commodity prices movement a tailwind for today’s reporting stocks

Fenix, AIC Mines, Genesis Minerals, Alumina, Mt Gibson and Bellevue among miners to report results today Bellevue edges to commercial production, a prompt for GDX inclusion Mt Gibson and Fenix Resources bank the cash for junior iron ore se...

Stockhead WGX 5 days ago
Australian Broker Call *Extra* Edition – Apr 18, 2024

An additional news report on the recommendation, valuation, forecast and opinion changes and updates for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now...

FNArena WGX 6 days ago
Westgold pumps up WA gold ounces in Murchison region

Westgold Resources has pumped up the gold volume at its Bluebird-South Junction project in WA’s Murchison region, updating its resource to 827,000 ounces – an increase of 134 per cent, or 474,000 ounces.

The West WGX 1 week ago
Westgold’s Bluebird soars

The Meekatharra gold operations. Image: Westgold ResourcesThe mineral resource estimate (MRE) for Westgold Resources’ Bluebird – South Junction project has increased by 134 per cent, or 474,000 ounces (oz). The Bluebird underground gold mi...

Australian Mining WGX 1 week ago
Bluebird-South Junction soars 134% higher in resource for Westgold

West Australian gold seeker Westgold Resources Ltd (ASX: WGX) has seen the resource estimate at its Bluebird-South Junction project near Meekatharra leap 134 percent in contained ounces to 6.4 million tonnes at 3.1 grams per tonne. In ad...

themarketonline.com.au WGX 1 week ago
The Overnight Report: Risk Off

World Overnight SPI Overnight 7725.00 – 63.00 – 0.81% S&P ASX 200 7752.50 – 35.60 – 0.46% S&P500 5061.82 – 61.59 – 1.20% Nasdaq Comp 15885.02 – 290.08 – 1.79% DJIA 37735.11 – 248.13 – 0.65% S&P500 VIX 19.23 + 1.92...

FNArena WGX 1 week ago
“Your Stock Request” – 11 April 2024

“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at [email protected] with your stock request. Limit of one per person, no guarantee o...

Fairmont Equities WGX 1 week ago
Monsters of Rock: Iron ore and gold roll higher, but Goldman Sachs still says don’t get too excited about lithium

Materials was a big winner today, up ~1.7% S&P/ASX 300 Metals and Mining index continues to rebound strongly from mid-March lows Iron ore, gold make gains; lithium miners also got a nudge, despite a dour research note from Goldman Sach...

Stockhead WGX 2 weeks ago
Westgold-Karora merger to produce 400k ounces of gold a year

Westgold Resources and Karora Resources have agreed to merge under Westgold’s banner, with the potential to produce a whopping 400,000 ounces of gold per year from a combined 13m ounce resource.

The West WGX 2 weeks ago
Monsters of Rock: Westgold, Karora merger to create new 400,000oz per annum gold producer on the ASX

Westgold (ASX:WGX) will acquire fellow WA-focused gold producer Karora (TSX:KRR) to create a top 5, 400,000ozpa Australian miner Deal backed by both boards, plus famous gold bug and long term KRR holder Eric Sprott WGX boss Wayne Bramwell...

Stockhead WGX 2 weeks ago
Westgold acquires Kinora Resources amidst gold sector takeover

In a recent development within the gold sector, Westgold Resources (ASX:WGX) has announced its acquisition of Kinora Resources, merely 11 days after Ramelius Resources (ASX:RMS) abandoned its pursuit of the Canadian-based Australian gold co...

ShareCafe WGX 2 weeks ago
Westgold acquires Kinora Resources amidst gold sector takeover

08 Apr 2024 - In a recent development within the gold sector, Westgold Resources (ASX:WGX) has announced its acquisition of Kinora Resources, merely 11 days after Ramelius Resource…

FNN WGX 2 weeks ago
Westgold Resources and Karora unite to forge $2.2b gold mining giant

Australian gold producer Westgold Resources (ASX: WGX) is set to merge with Canadian-based Karora Resources to create a 400,000-plus ounce per annum mining company with a market capitalisation of $2.2 billion. Under the terms of the merger,...

smallcapsau.mystagingwebsite.com WGX 2 weeks ago
Westgold Resources and Karora Resources set to merge in $2.2b deal and create 400koz per annum gold producer

Karora Resources has moved on quick after deal talks broke down with Ramelius Resources, finding another WA mid-tier suitor in Westgold Resources.

The West WGX 2 weeks ago
Capricorn Metals [ASX:CMM] Falls on Lower Production but Gold Price Offers Hope

Capricorn Metals [ASX:CMM]  shares are down by -5.56% today, trading at $5.18 per share as the company disappointed investors with its latest quarterly update. The gold explorer joined the ranks of several other mid-tier miners who faced...

daily.fattail.com.au WGX 2 weeks ago
Market close: ASX retreats as Tech hits trading turbulence

The ASX200 closed the day down nearly 1 and a half per cent. All sectors finished in the red, aside from energy and utilities with the latter showing only a marginal gain of .2 of a per cent. IT had a particularly rough day and sunk n...

themarketonline.com.au WGX 3 weeks ago
ASX continues slide in afternoon trading

The ASX continued its slide in afternoon trading, led lower by the interest rate sensitive sectors Property and Tech. Property closed down 3.3 per cent and Tech closed down 3.95 per cent as names like Xero (ASX:XRO) and Wisetech (ASX:WTC) t...

ShareCafe WGX 3 weeks ago
Westgold rained out

03 Apr 2024 - Wet weather across much of WA in the first three months of the year has forced Westgold Resources (ASX:WGX) to cut its full year financial year 2024 production guidan…

FNN WGX 3 weeks ago
Why Mesoblast, Regis Resources, Westgold, and WiseTech shares are sinking today

It has been a difficult session for the S&P/ASX 200 Index (ASX: XJO). In afternoon trade, the benchmark index has followed Wall Street's lead and dropped deep into the red. At the time of writing, the benchmark index is down 1.3% to...

Motley Fool WGX 3 weeks ago
Westgold rained out

Wet weather across much of WA in the first three months of the year has forced Westgold Resources (ASX:WGX) to cut its full year financial year 2024 production guidance by more than 10 per cent until it sorts out the impacts on mining and o...

ShareCafe WGX 3 weeks ago
Ramelius Resources breaks records while Westgold Resources’ golden share price run breaks down

Two of WA’s mid-tier gold mining mainstays tabled quarterly updates on Wednesday, eliciting very different reactions from the market.

The West WGX 3 weeks ago
Staging a Comeback – Why These Might be the Hottest Assets to Buy Now!

There’s much talk about how overbought the global markets are looking with each passing day. The major market indices are setting new records, including our very own ASX All Ordinaries [ASX:XAO], which is also breaking into all-time new hig...

daily.fattail.com.au WGX 3 weeks ago
CRITERION: If reports of Zuckerberg hoarding gooooooold are true… should you?

Finally, gold is having its day in the sun after months of anticipation and false starts. But as is the case with most commodity rallies, there’s more to it than meets the eye and not all investors will revel in the spoils. In Aussie dollar...

Stockhead WGX 3 weeks ago
Two Gold Stocks Ready to Play Catch-up

The market remains sceptical of the rally in gold. As the gold price heads into record territory, many gold stocks have lagged behind. A few have been running pretty hard, with Australian based Ramelius Resources [ASX:RMS], Westgold Resour...

daily.fattail.com.au WGX 3 weeks ago
S&P 500 sets new high as market bounces back

  US markets bounced back after three consecutive losing sessions & extended their first quarter advance. The S&P 500 closed at a new record high finishing the day up 0.86 per cent at 5,248. The Dow Jones closed up 1.2 per cent and...

ShareCafe WGX 3 weeks ago
S&P 500 sets new high as market bounces back

US markets bounced back after three consecutive losing sessions & extended their first quarter advance. The S&P 500 closed at a new record high finishing the day up 0.86 per cent at 5,248. The Dow Jones closed up 1.2 per cent and th...

ShareCafe WGX 3 weeks ago
Gold Digger: Gold vs Bitcoin, analysts vs analysts – store of value narratives get in the ring

Gold hit a US ATH, then dipped a tad, but not by much. In fact, it’s doing pretty well on the whole… … It’s less volatile than Bitcoin, anyway, which is a good or bad thing depending on outlook Speaking of which, RBC has some fairly cautio...

Stockhead WGX 1 month ago
Gold Digger: Gold pulls back but gets to grips with sticky inflation situation

Gold has pulled back from very recent highs after the latest ‘sticky’ US inflation figures But… the price action in general looks pretty solid from where we’re sitting, and so does the TA Leading ASX goldies this week include: BMR, BMO, GS...

Stockhead WGX 1 month ago
More high-grade gold hits for Westgold at Bryah

Westgold Resources has revealed a suite of new high-grade gold drill hits from its Bryah operations near Meekatharra in Western Australia, extending its mineralisation envelope north from the main orebody.

The West WGX 1 month ago
Gold Digger: Yellow metal on the March as WGC eyes central bank and election boosts

Gold hit an all-time high this week, ending Friday in strong form The World Gold Council predicts global elections and Fed cuts could keep the precious metal elevated ASX gold stocks performing well this week included: KNB, SXG, AWJ   Wha...

Stockhead WGX 1 month ago
Monsters of Rock: Record gold prices float all boats for Argonaut

  Gold stocks lift over 4% as price hits record US$2098/oz June rate cut hopes stoked major run in bullion. Argonaut lifts ASX gold price targets 3-8% Australia raises calls for critical minerals ESG premia in Canadian expedition   Search...

Stockhead WGX 1 month ago
Up, Up, Down, Down: Narrative flipped on its head as struggling nickel, coal lead February gains

A turn up for the books: Nickel and coal the biggest gainers among major commodities in February Copper, lithium and graphite remain steady at low levels amid hope a bottom has been reached for battery metals Iron ore and rare earths come...

Stockhead WGX 1 month ago
Westgold continues cash climb with $146m half-yearly EBITDA

Westgold Resources has continued to pile up the cash, revealing some impressive financial metrics in its half-yearly report, including an EBITDA of $146 million – a jump of 132 per cent on last year.

The West WGX 1 month ago
FNArena Corporate Results Monitor – 01-03-2024

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((AGI)) - Ainsworth Game Technology ((ART)) - Airtasker ((ALX)) - Atlas Arteria ((AFG)) - Australian Finance Group ((CAJ)) - Capitol Health ((CLU)) - Cluey ((DOC)) - Docto...

FNArena WGX 1 month ago
Ground Breakers: South32 take giant steps out of bulks in mine sale as met coal train leaves the station

Indonesian coal dynasty and Aussie trader fly in with US$1.65 billion deal for South32’s Illawarra coal mines It will see South32 focus purely on battery, base and critical metals like copper, zinc, silver, manganese and aluminium Westgol...

Stockhead WGX 1 month ago
Westgold bolstered by strong half-year revenue

Westgold Resources has reported a 15 per cent increase in revenue for the half-year ending December 31 2023 (H1 FY24). The Western Australian gold miner’s revenue during the period equalled $363 million,Read MoreAustralian Mining.

Australian Mining WGX 1 month ago
Gold Digger: Central banks just can’t get enough. Stockpiling could continue for years, says ANZ

ANZ analysts believe ’emerging’ central banks could buy over 600t of gold annually until 2030  Citi isn’t totally ruling out a US$3,000 gold price in next 12-18 months US gold mining giant Newmont divests six gold mines and two other gold...

Stockhead WGX 2 months ago
Gold Digger: Druckenmiller time. Billionaire increases exposure as gold reclaims US$2k

Gold recovers US$2k after weak retail sales data gets thrown into the economic soup in America Moneybags former hedge fund bloke Stanley Druckenmiller is increasing his gold exposure The week’s best performing ASX goldies include: TG1, TGM...

Stockhead WGX 2 months ago
MoneyTalks: Why these dirt cheap explorers are catching the eye of Alto Capital’s Tony Locantro

MoneyTalks is Stockhead’s regular drill down into what stocks investors are looking at right now. We’ll tap our extensive list of experts to hear what’s hot, their top picks, and what they’re looking out for. Today we hear from Alto Capital...

Stockhead WGX 2 months ago
Gold Digger: Don’t expect a rally soon but H2 could be golden, agree top analysts

  The price of gold is in a holding pattern, threatening to dip in short term, according to Metals Focus analysis Metals Focus, like Japan’s biggest bank MUFG, however, has a more positive outlook for gold later this year Top-performing AS...

Stockhead WGX 2 months ago
Big Bell expansion approved by Westgold board

Westgold Resources has extended the life of its Big Bell underground gold mine near the town of Cue in Western Australia to 16 years after the company’s board approved an expanded new model for the operation.

The West WGX 4 months ago
Big Bell expansion gets the green tick

Westgold Resources has approved the Big Bell mine expansion, which is part of the company’s Cue gold operation in Western Australia. The Big Bell expansion will incorporate a new long hole open stopingRead MoreAustralian Mining.

Australian Mining WGX 4 months ago
Murchison gold miner Westgold Resources rings in new era with Big Bell expansion

Shares in Murchison precious metal miner Westgold Resources have leaped after its board signed off on a growth project that will extend the life its Big Bell mine to 16 years.

The West WGX 4 months ago
Westgold nabs $100 million financing agreement

Westgold Resources (ASX:WGX) has established a new $100 million Revolving Corporate Facility (RCF) under a secured syndicated facility agreement (SFA) executed with ING Bank (Australia) and Société Générale. The $990 million market capit...

Mining.com.au WGX 5 months ago
Westgold amasses intriguing $300m war chest

Westgold Resources has strengthened what was an already ridiculously-strong financial position, prompting intrigue around its next move after adding $100 million in firepower courtesy of a corporate facility.

The West WGX 5 months ago
Westgold Resources secures $100 million credit facility from ING and Societe Generale

Westgold Resources (ASX:WGX) has raised eyebrows in the mid-cap mining sector with the announcement of a $100 million revolving credit facility. This news comes at a time when the company boasts $217 million in cash and liquid assets at the...

ShareCafe WGX 5 months ago
Westgold locks in $100 million funding

Westgold Resources has announced that a $100 million revolving corporate facility (RCF) has been established under a secured syndicated facility agreement. The gold company executed the new corporateRead MoreAustralian Mining.

Australian Mining WGX 5 months ago