Articles On Westgold Resources (ASX:WGX)

WITH the flagship Big Bell operation getting into full swing, Westgold Resources is looking towards a big 2021 after signing off 2020 with a A$34.6 ...

The Westgold Resources Ltd (ASX: WGX) share price is trading lower on Friday despite the release of an impressive full year result for FY 2020. At the time of writing the gold miner’s shares are down 1% to $2.07. How did Westgold perform i...

The sudden drop in spot gold prices and reintroduction of COVID-19 restrictions in New Zealand have hit the relevant ASX small caps this morning. After 100 days of being virus-free, four COVID-19 cases were detected in the country. New Zeal...

Base metals explorer Caprice Resources Ltd’s [ASX:CRS] share price has soared this morning after announcing it will acquire the Island Gold Project, located in WA. CRS becomes the latest metals explorer to announce its foray into gold explo...

Special Report: Red Mountain has identified more target trends at its Mount Maitland gold project in WA as it prepares to kick off drilling. The new prospective trends were identified after a review of historical exploration work carried ou...

Perth-based explorer Caprice Resources (ASX: CRS) has announced plans to acquire 100% of private company Goldview Metals Pty Ltd which owns the high-grade Island gold project, 630 kilometres north of Perth in WA’s Cue goldfields. The projec...

The K2FLY Ltd (ASX: K2F) share price is on watch after the company announced a positive update on FY20 performance. K2Fly is a specialist company providing environmental, social and governance (ESG) products and services to the global mini...

AFTER four years of development in the Murchison region Westgold Resources believes it's at the “tipping point” of an era of strong cash generation, ...

Australian unemployment figures and a surge of COVID-19 infections in Victoria have sent jitters through gold players. The Australian Bureau of Statistics showed that Australian unemployment rose by 0.3 per cent to 7.4 per cent in June, the...

Special Report: Red Mountain Mining (ASX:RMX) will expand the size of its highly prospective Mount Maitland gold project in WA by applying for extra exploration ground next door. Mount Maitland, acquired by the company in early July, is at...

Rumble Resources (ASX: RTR) now has a 35km-long strike zone for its Western Queen gold project in Western Australia after acquiring two more strategic tenements. These will add to the two existing tenements that Rumble has the option to acq...

The current gold price rally is expected to continue into FY22; Subdued demand growth outlook for metals; Dividends forecasted for Metal stocks  -Gold price is expected to touch US$2000/oz in 2021-With China running out of things to build,...

Scratch a financial advisor and ask about investing in gold – it is almost certain one of their suggestions will be to buy companies actually producing the metal and, preferably, paying a dividend. But Monday saw the market action elsewhere...

Macquarie Wealth Management is recommending going overweight on resources, favouring that sector over industrials as a global wave of government infrastructure spending drives up demand for mining and energy resources. One qualification: th...

Want to know which stocks the fund managers have been putting their money in (and out) of? We’ve been keeping track so you don’t have to. Trading Places is Stockhead’s recap of substantial holder movements among ASX small caps in the last f...

How will the re-opening of economies amid loose monetary policy and fiscal stimulus affect the gold price trajectory? -Equity market rally could slow gold buying in the short term-Narrowing gap between gold and gold stock trajectory-Gold ra...

Want to know which stocks the fund managers have been putting their money in (and out) of? We’ve been keeping track so you don’t have to. Trading Places is Stockhead’s recap of substantial holder movements among ASX small caps in the last f...

The Musgrave Minerals Ltd (ASX: MGV) share price has charged out of a trading halt this morning on the back of drilling results at its flagship Cue Project. Musgrave Minerals is an active Australian gold and base metals explorer. Its corne...

An extraordinary number of company-making, ‘frontier-type’ mineral discoveries have been made in Australia over the past six to eight months. These have been rerating events for companies, their shareholders, and even entire regions. In Sep...

Australian Vanadium has signed an agreement with Westgold Resources for water access assistance at the Australian Vanadium project in Western Australia. Excess water from Westgold’s operations, which are 25 kilometres from the Australian Va...

Listed gold miner Westgold Resources is expected to press go on a capital raising on Tuesday morning to finance its Western Australian mining activities.

Gold prices have been on a tear as investors seek refuge from the market panic brought about by the COVID-19 pandemic. Spot gold has climbed 9.6 per cent since the beginning of this year to its current price of $US1,675.55, or about $2,594...

LEAD project developer Galena Mining has bought a pastefill plant for its underground mine at Abra from Westgold Resources for A$2.25 million ...

For miners — who are grappling with a constantly shifting, multifaceted supply and demand picture — these are unprecedented times. Here’s some insight (read: educated guesses) from a few ASX-listed producers on the outlook for iron ore, gol...

Resolute Mining has completed the sale of the Ravenswood gold mine in Queensland to a consortium comprising EMR Capital and Singapore-listed Golden Energy and Resources. The transaction is valued at $100 million for upfront proceeds, with p...

Few sectors of the global economy are flourishing in these uncertain times like Australian gold mining. A combination of factors including gold’s status as a safe haven investment, global monetary policy in response to the coronavirus threa...

Here it is – your weekly look at the stocks fund managers are buying (and selling). Trading Places is Stockhead’s recap of substantial holder movements among ASX small caps in the last week. Substantial shareholders are shareholders holding...

In early afternoon trade the S&P/ASX 200 index is on course to record a strong gain. At the time of writing the benchmark index is up 1.7% to 6,431.4 points. Four shares that have failed to follow the market higher today are listed bel...

Westgold Resources has recommenced underground sub-level cave stoping at the Big Bell underground mine, located north-west of Cue in Western Australia. Westgold’s executive chairman, Peter Cook noted that despite the Big Bell site having be...

Gold miner Westgold Resources (ASX: WGX) has restarted operations at the Big Bell underground mine in Western Australia and expects it to become the “largest single mine in the Murchison region”. The company today announced underground sub-...

The Westgold Resources Ltd (ASX: WGX) share price will be on watch this morning after the West Australian gold miner announced that underground sub-level cave mining has recommenced at its Big Bell site. Westgold currently owns three opera...

Top 10 Aussie gold producer Westgold Resources (ASX:WGX) has spun its Northern Territory gold-base metal assets into Castile Resources, which hits the bourse this Friday with a market cap of about $40m. Castile Resources (ASX:CST)  issued a...

04 Feb 2020 - Miner Westgold Resources (ASX:WGX) has appointed Wayne Christopher Bramwell as a Non-executive Director and Independent Director of the Company.

Westgold Resources (WGX) has been given the revised assays for the high-grade intercepts at the Great Fingall Mine In a recent announcement, the gold explorer advised a down-plunge step-out hole intercepted the Great Fingall Reef However g...

Resolute Mining expects no changes to employment at the Ravenswood gold mine in Queensland after agreeing to sell the operation to EMR Capital. The gold miner has established a sale agreement with a consortium comprising a fund that is mana...

TODAY is D-day for the plan to demerge Castile Resources, which is hoping to leave the Westgold Resources nest, with the float expected to find out ...

If there’s one commodity that has started the decade well, it’s oil. Brent oil has gained 5.2 per cent this week and crude oil has gained 4.2 per cent. In contrast, some of the top performing commodities of 2019 have been slower. Copper has...

Technology company, K2fly Limited (ASX: K2F), focussed on serving the asset intensive industries announced on 18 December 2019, that Westgold Resources Limited (ASX: WGX) has signed a long term contract to utilise the existing Infoscope sof...

K2fly’s InfoScope software provides a single, spatially integrated solution to manage information relating to land access and compliance.

Investors aim to possess a diversified portfolio in order to hedge against sectoral weaknesses, which is always a threat, given the dynamic nature of businesses. A diversified portfolio, in most cases provides a cumulative return of all the...

On 6 December 2019, S&P/ASX 300 Metals & Mining index at the time of writing was trading at $4307.90. Recently, the index made its 52-week high level of $4798.70 on 24 July 2019, and since then it has declined by ~10%. However, with...

04 Dec 2019 - Westgold Resources (ASX:WGX) has completed its demerger of Castile Resources.

The company is selling its 20% interest in the Peak Hill Joint Venture to Westgold Resources subsidiary Aragon Resources Pty Ltd.

Westgold Resources is set to acquire an interest in the Peak Hill joint venture (JV) from Fe subsidiary Jackson Minerals. The proposed acquisition targets a 20 per cent interest held by Jackson in tenements E52/1671 and E52/1659 in the west...

Consulting Systems Integrator, K2fly Limited (ASX: K2F), based in Australia, has had a momentous year to date. The company continued to derive revenue from multiple channels including software licencing, consulting, support and configuratio...

Australian based resource Explorer, Blina Minerals NL (ASX: BDI) has recently released an update on the Barkly Gold-Copper Project, situated in the Northern Territory, Australia. The company notified that a Reverse Circulation (RC) explorat...

Quarterly reporting allows investors and market participants to have strong case for the prediction or estimates. Moreover, the quarterly reporting allows market participants to have earnings visibility for the foreseeable future. It provid...

WestGold Resources Limited (ASX: WGX) gold output for the September 2019 quarter stood at 57,472 ounces at a C1 or a cash cost of $1,173 per ounce and an all-in sustaining cost (AISC) of $1,410 per ounce. The gold output for the group re...

‘Nobody grows up wanting to be a gold analyst,’ said a friend to me recently. And that’s the truth. I most certainty did not. Through my early teenage years, I swung between wanting to be an astronomer, a journalist, and a helicopter pilot....