Articles On Westgold Resources (ASX:WGX)

Westgold Resources (ASX:WGX), the operator of the Bluebird and Big Bell gold mining operations in Western Australia, has made a daring prediction that its costs will ease in the coming financial year. In a recent update to the ASX, the comp...

Westgold Resources has unveiled a 2023/24 production guidance of 245,000 to 265,000 gold ounces at an all-in sustaining cost of between $1800 and $2000 per ounce after hitting its target last financial year.

The S&P/ASX 200 Index (ASX: XJO) is out of form on Wednesday. In afternoon trade, the benchmark index is down a disappointing 0.85% to 7,388 points. Four ASX shares that are falling more than most today are listed below. Here’s why...

Shares in Westgold have cratered on the back of marginal improvements to the gold miner’s production and cost guidance for the current financial year.

The ASX is poised to open lower on Wednesday The US has been stripped off its sovereign AAA rating Bitcoin is less volatile than gold   The ASX 200 is set to open lower on Wednesday following a mixed session on Wall Street. At 8am AEST th...

Exploration often gets pushed to the side when you’re a big mining developer but for advanced junior stocks, the discovery phase is where the real opportunity lies. When it comes to investing in resources stocks, you know you’re onto a winn...

Gascoyne has no need for pixie dust to fly, rather it’s the impressive better-than-doubling upgrade to resources at its Never Never deposit that has improved its fortunes. While shares in the company have risen around 28 per cent this week...

Highlights Musgrave Minerals (ASX: MGV) has noted that Westgold Resources Limited’s offer has closed and lapsed. MGV directors have accepted Ramelius’ takeover offer for all shares they have. The company’s directors unanimously recomm...

A record-breaking final quarter from Westgold Resources’ Bluebird and Big Bell operations has helped it hit its upper production guidance for the financial year at an all-in sustaining cost of $1999 per ounce.

Mid-tier goldies Westgold and Ramelius are seriously outperforming the GDX this year We spoke to MDs Wayne Bramwell and Mark Zeptner on why they’ve performed so well in 2023 In the past five years the Australian gold sector has become, in...

Six carefully selected junior mining companies, all in the advanced exploration phase of the discovery process, will outline their plans to create wealth for investors at the Resources Rising Stars Twilight Series in Brisbane, Melbourne and...

Gold surges to US$1960 on geopolitical risk, softer inflation figures Sold down ASX producers, project developers enjoy strong gains 5 +$1bn capped gold stock ink double digit gains, the rest not far behind Our Gold Digger column wraps al...

The All Ordinaries Gold Sub-Index (comprising 24 gold stocks)  is up 15.44% YTD, a massive 40.1% over the past 12 months, and 27% over the past 5 years Gold miners begin rolling out FY23 results Standout small caps of the week: Titan Miner...

If you decide to snaffle any of these cheap ASX shares, you may not even have to give up your morning coffee. Our Motley Fool writers have come up with their favoured stocks trading for under $3 for investors looking to add to their portfo...

Westgold Resources and Alkane Resources have both recorded strong production guidance for the June 2023 quarter. Westgold has achieved the top end of full financial year (FY23) production guidance of 257,116 ounces of gold and continues to...

The S&P/ASX 200 Index (ASX: XJO) is out of form on Wednesday. In afternoon trade, the benchmark index is down 0.25% to 7,260.5 points. Four ASX shares that are falling more than most today are listed below. Here’s why they are drop...

Westgold Resources has finished the financial year with a flourish by reaching the upper echelon of its production guidance for the past 12 months to produce a total of 257,116 ounces of gold.

Westgold Resources Limited (ASX:WGX) has announced that the company has successfully met the top end of its full financial year (FY23) production guidance, producing 257,116 ounces of gold. Additionally, the company has continued to generat...

05 Jul 2023 - Westgold Resources has met the top end of its full financial year production guidance, producing 257,116 ounces of gold.

Westgold Resources has advised the market that it does not intend to increase its takeover offer for Musgrave Minerals, in the wake of a superior offer from Ramelius Resources. Last month, Westgold made an off-market all-scrip offer of one...

Westgold has met its annual production guidance on the back of increased output at the goldminer’s Bluebird project in Meekatharra.

Westgold Resources appears to be bowing out of the battle for Musgrave Minerals, saying it will not be improving its offer following a rival bid from Ramelius Resources. 

Ramelius Resources and Musgrave Minerals have entered into a bid implementation agreement (BIA). The BIA is in accordance with what Ramelius will offer to acquire all the issued ordinary shares of Musgrave by way of a cash and scrip off-ma...

This article is a sponsored feature from Mining.com.au partner Astral Resources Ltd. It is not financial advice. Talk to a registered financial expert before making investment decisions. When Irish prospector Patrick ‘Paddy’ Hannan made his...

West Perth-based junior miner Musgrave Minerals has recommended shareholders approve a takeover bid by Ramelius Resources after rejecting an earlier offer from Westgold Resources as “opportunistic”.

Gold dips its toe below $US1900/oz, but it was too cold so it pulled back up Ora Gold scores a strike at Garden Gully Northern Stawell upgrades its gold inventory 59% Tanami to prove up more resources at its namesake gold project in the NT...

Directors of West Perth-based junior miner Musgrave Minerals have reaffirmed their opposition to a takeover bid by Westgold Resources.

Musgrave Minerals (ASX:MGV)’s board has unanimously advised shareholders to decline the all-stock bid presented by Westgold Resources (ASX:WGX), asserting that the offer undervalues the company and fails to account for its growth potential....

Musgrave Minerals’ (MGV) board of directors have unanimously recommended that shareholders reject Westgold Resources’ (WGX) takeover offer lobbed on June 6 Westgold offered to buy the company at 25 cents a share, however, since the anno...

Musgrave Minerals believes Westgold Resources’ all scrip takeover bid is “opportunistic” and doesn’t recognise the exploration and development potential of the company and its Cue gold project, which continues to deliver extremely high-grad...

26 Jun 2023 - The board of Musgrave Minerals (ASX:MGV) has advised shareholders to decline the all-stock bid presented by Westgold Resources (ASX:WGX), asserting that the offer und…

Musgrave recommends shareholders reject Westgold takeover, saying they can create more value by going it alone at the Cue gold project Perenti announces $410 million takeover of DDH1 Drilling, putting Australia back at the centre of the mi...

Westgold Resources has completed a bidder’s statement in relation to its offer to acquire all fully paid shares in Musgrave Minerals. Westgold is offering shareholders one share in the company for every 5.37 Musgrave shares. Westgold is cu...

  De Grey gets bigger, and bigger, and even bigger ahead of its imminent DFS Catalyst Metals has some bonkers grades coming out of the Iris deposit at Four Eagles Cue: lots of gold. Musgrave’s Break of Day gold deposit returns “excellent”...

ShareCafeThe Week that Was: June 5-9, 2023 We at ShareCafe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. To make it easier to do so, here...

Gold explorer Musgrave Minerals tells shareholders to take no action in response to $177m Westgold scrip bid FMG brings back Elizabeth Gaines in part time executive role – at $1.265m a year Materials up 1% as commodities rise and iron ore...

The USD’s status as the world’s reserve currency is under attack: Goehring & Rozencwajg This could be a rocket under the price of gold, most trusted store of value across the globe for over 3,000 years Weekly Small Cap Standouts: Iceni...

Gold miner Westgold Resources (ASX:WGX) has released its official Bidder’s Statement for its proposed $177 million buyout of explorer Musgrave Minerals (ASX:MGV). The two resources companies first flagged the potential all-scrip deal on 6 J...

Westgold Resources has reported a record gold yield for the month of May, an eight per cent increase on April production. Bluebird mine produced 49 thousand tonnes (kt) at 4.0 grams per tonne of gold (g/t), yielding 6.3 thousand ounces (ko...

Westgold Resources continues to set records at its Bluebird mine, producing 49,000 tonnes at 4 grams per tonne gold for 6300 ounces in May – an 8 per cent increase compared to April’s figures at the site.

Alto Metals (ASX:AME) has a work program in place for H2 2023 as it prepares for deeper reverse circulation (RC) drilling at Indomitable Camp and having identified several new lithium targets within the Sandstone Gold Project. The company r...

07 Jun 2023 - Gold miner Westgold Resources (ASX:WGX) has announced a $177 million all-paper takeover offer for tiddler Musgrave Minerals (ASX:MGV) in a deal launched with a touch …

ShareCafeMarket Forces Westgold’s Hand with Musgrave Gold miner Westgold Resources has announced a $177 million all-paper takeover offer for tiddler Musgrave Minerals in a deal launched with a touch of controversy, but with the aim of uniti...

In today’s Trading Up, Heidi reveals the surprise $177 million dollar bid by Westgold Resources that led to Musgrave Mineral’s shares rocketing by 30 per cent.

ShareCafeASX closes 1.2% lower as RBA lifts cash rate 25 basis points by Peter Milios   At the closing bell, the S&P/ASX 200 was 1.2 per cent lower at 7,144.50, after the Reserve Bank’s decision to lift the cash rate by 0.25 per cent. T...

ShareCafeASX 0.7% lower at noon as investors await RBA rate decision by Peter Milios   At noon, the S&P/ASX 200 is 0.7 per cent lower at 7,165.50 as traders await the Reserve Bank of Australia’s interest rate decision at 2.30pm. Consume...

Gold explorer and developer Westgold Resources (ASX:WGX) has made a play for fellow ASX-listed Musgrave Minerals (ASX:MGV) in a potential $177 million deal.  Westgold on Tuesday 6 June 2023 announced its intent to launch the all-scrip takeo...

ShareCafeStocks of the Hour: SIG, MGV, ADD                    Sigma Healthcare (ASX:SIG) has been awarded a supply contract with Chemist Warehouse. CEO Vikesh Ramsunder commented: “The contract allows us to leverage our highly automat...

Westgold wants Musgrave’s Cue gold project to feed its treatment plants in the Murchison.

Westgold Resources has made an unsolicited takeover bid for Musgrave Minerals. Under the terms of the offer, Musgrave shareholders would receive one fully-paid Westgold ordinary share for every 5.37 Musgrave shares held at a price of $0.30...