Articles On Westgold Resources (ASX:WGX)

The new “Westgold Resources 3.0” entity will finally set sail after securing a final nod of approval overnight from a Canadian court, which sanctioned a scheme of arrangement for a merger with Karora Resources.

Westgold Resources on the cusp of its planned merger with Karora Resources after the latter’s shareholders voted a near-unanimous 99 per cent in favour of creating the unhedged 400,000 gold-ounce producer.

Shareholders have approved the merger between Westgold Resources (ASX:WGX) and Karora Resources (TSX:KRR) at Karora’s recent annual general and special meetings of shareholders. The transaction is now expected to become effective on or a...

The shareholders of Goldfields miner Karora Resources have overwhelmingly backed the company’s $2.5 billion merger with fellow WA gold producer Westgold Resources.

Monitoring short interest can provide valuable insights into market sentiment and potential concerns about company performance. This week’s ASIC short position report highlights the ASX shares currently attracting the most attention from sh...

The ASX200 is set to fall 0.56% after another weak day of trading on US markets. On Friday, US Stocks experienced a second session of losses, with the S&P 500 and the Nasdaq dropping 0.7% and 0.8%, respectively, while the Dow Jones e...

At the start of each week, I like to look at ASIC's short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high levels...

New ASX IPO chases gold in WA’s Murchison, where M&A activity has been hot Friday debut came just two days after gold hit record highs, with Ordell Minerals to explore the Barimaia project previously held by major shareholder Genesis M...

The shareholders of Goldfields miner Karora Resources have overwhelmingly backed the company’s $2.4 billion merger with fellow WA gold producer Westgold Resources.

Gold hit an all-time high this week of US$2483.60 Shaw & Partners predicts US$3000/oz for 2025 and 2026 Labyrinth navigates gold acquisitions for a 180% gain Our Gold Digger column wraps all the news driving ASX stocks with exposure t...

Westgold Resources has ticked another vital box in its bid to merge with Canadian-listed gold producer Karora Resources after confirming it has secured approval from the Foreign Investment Review Board (FIRB).

Westgold Resources (ASX:WGX) has secured approval from the Foreign Investment Review Board (FIRB) to acquire all of the shares of Karora Resources (TSX:KRR), via a court-approved plan of arrangement.  On 8 April, both companies mapped o...

Westgold (ASX:WGX) has announced Canberra’s foreign investment regulators have OK’d its purchase of Canada’s Karora. Now the last body to OK the deal will be Karora’s shareholders. Karora is a TSX-listed public company last fetching C$6....

Momentum has built further behind Westgold Resources’ bid to merge with fellow gold hunter Karora Resources after the move was endorsed by a second proxy advisor – United States-based Glass Lewis & Co.

The ASX200 could reach the 8000 level for the first time this week, inspired by expectations of a Federal Reserve rate cut in the United States later this year. Futures are expected to rise 0.62 percent on Monday, influenced by strength...

At the start of each week, I like to look at ASIC's short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high levels...

This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights. Written by Admin World Overnight SPI Overnight 7873.00 + 73.00 0.94% S&P ASX 200 7816.80 –...

Westgold Resources’ plans to merge with TSX-listed Karora Resources have received a major boost with proxy advisor group ISS recommending the latter’s shareholders vote in favour of the proposal.

Chinese magnet maker takes 9.8% stake in Aussie rare earths hopeful Hastings Hastings exec chair Charles Lew says ex-China magnet supply chain is not currently cost-competitive Yangibana debt package close, with concentrator construction f...

Advisory firm Institutional Shareholder Services (ISS) has recommended Karora Resources (TSX:KRR) shareholders vote in favour of the merger with Westgold Resources (ASX:WGX) at an upcoming meeting on 19 July 2024.  ISS says the arrangeme...

Ramelius Resources knocked back by Takeovers Panel as adjustments set stage for Westgold/Karora merger But RMS and Regis Resources both have solid production updates Meteoric Resources rolls out first study numbers on closely watched Calde...

The Takeovers Panel has given the $2.4 billion Westgold and Karora tie-up its blessing by waving away Ramelius’ protests.

This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights. Written by Admin At a time when brokers are increasing gold price forecasts, new Bellevue Gold resear...

At the start of each week, I like to look at ASIC's short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high levels...

Rare earths hunters in Brazil make huge gains in FY24 and niobium juniors ride WA1 Resources’ Luni euphoria, but a scandium junior steals top spot Wildcat and Raiden rise to the top of an average lithium market Spartan soars on Never Never...

Coal mine fire has analysts ramping up met coal price forecasts with talk of Force Majeure Goldman Sachs thinks PHCC prices could hit US$300/t this quarter Sandfire excites with MATSA copper reserve upgrade If you’ve been reading Stockhea...

As Westgold Resources (ASX:WGX) heads towards its $1.3 billion merger with Karora Resources later this year, it is also approaching record revenues of over $700 million for the year ending June 30. This comes despite a drop in annual gold o...

Westgold Resources has delivered its second shareholder dividend for the financial year after reporting a stellar fourth quarter production of 52,795 gold ounces and $16 million of additional cash in the bag.

Nickel Industries singing in the rain as deluge fails to dampen investor spirits Boss ready to ship uranium from South Australia Arafura, WA1, MinRes and Bellevue among the gains To the markets first today and materials stocks went all Sc...

The Meekatharra gold operations. Image: Westgold ResourcesThe preliminary numbers are in, and Westgold Resources has announced a bumper year for gold. For the fourth quarter of the 2023–24 financial year (Q4 FY24), Westgold produced 52,795...

Westgold Resources (ASX:WGX) has announced on Thursday it will pay shareholders a second 100% fully franked dividend for FY24. The stock will commence trading ex-dividend on 11 July with FY24 to see a total of $10.6M in dividends paid ou...

Image: Phawat/Shutterstock.com Westgold Resources has uncovered “significant drill intercepts” from the South Junction zone within the Bluebird underground gold mine in the Meekatharra, Western Australia. The latest drilling atRead MoreAus...

Westgold Resources says its Bluebird-South Junction gold system in WA’s Murchison region is continuing to grow on the back of a new diamond drilling campaign featuring hits of up to 20.94m at 6.74g/t gold.

Liontown Resources dumps commercial banks for LG in bid to fund Kathleen Valley lithium ramp up and expansion Amid weak prices LTR boss Tony Ottaviano says new entrants in the West need support to avoid coming shortages for the EV metal Ra...

At the start of each week, I like to look at ASIC's short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high levels...

Ahead of the 2024 summit in Kazakhstan, BRICS nations are buying up gold to back the float of their own currency De Grey gets +$1bn backing from banks for development of Hemi deposit in WA Pilbara Ramelius snaps up 9% stake in Spartan Reso...

Recently, Australians received unwelcome news: the Reserve Bank of Australia (RBA) announced that inflation is rising again. Already burdened by the high cost of living, Australians are anxiously awaiting next month’s RBA meeting, whether a...

Westgold Resources has taken a step forward in its planned merger with Canadian-listed dance partner Karora Resources after the latter’s board unanimously recommended that its shareholders back the transaction.

Westgold and Karora are determined to not let Ramelius untangle their $2.4 billion gold tie-up, unveiling a fresh transaction timeline.

At the start of each week, I like to look at ASIC's short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high levels...

Is the dying breath of the historic Koolyanobbing iron ore mine a sign of more to come or just the end of an era? MinRes iron ore chief Chris Soccio says demand for its lower grade ore remains robust, with concerns specific to one operatio...

Takeovers Panel knocks back Minority Report play vs Rio Tinto’s play vs ERA Zentree Investments  demands undertakings to prevent Rio’s full control of rehab company, notably the sale of its controversial Jabiluka deposit in the NT Material...

White Cliff confirms strike and depth extensions at Reedy’s South gold deposit Results from RC drilling include 79m at 1g/t gold Current inferred resource estimate is 42,400 ounces of gold Deeper drilling under consideration   Special Re...

At the start of each week, I like to look at ASIC's short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high levels...

The price of gold is clinging to crucial support levels as we close out a topsy-turvy week for precious metal commodities The World Gold Council is doing its best to prop up the gold market, though – particularly in Singapore ASX goldies m...

Stockhead’s Top 10 at 10, published at ~10.40am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

ASX down 0.5pc, Energy sector up due mainly to Woodside’s upgrade. CRH to acquire Adbri, ending Adbri’s 62-year ASX presence China’s data CPI keeps increasing, new data shows   The ASX continued yesterday’s decline, down another -0.5% tod...

Niobium. Can’t keep it out of the ressie news lately. Reach is today’s high-grade news source, leading the sector’s gains Ora Gold meanwhile is faring well on its recent news, if not the company’s latest half-yearly financials Classic, Sup...

Image: Phawat/Shutterstock.com Westgold Resources has increased the mineral resource at its Starlight gold mine in Western Australia by 41 per cent. The total mineral resource for Starlight now sits at 590,000 ounces, with a 21 perRead Mor...

ASX gold stocks are cooling off after a phenomenal three-month run during which time the commodity price soared from US$2,034 per ounce on 28 February to an all-time high of US$2,449.89 on 21 May. Since that peak, the gold price has...