Articles On Westgold Resources (ASX:WGX)

World Overnight SPI Overnight 6978.00 + 5.00 0.07% S&P ASX 200 6976.90 + 113.40 1.65% S&P500 3856.10 – 15.88 – 0.41% Nasdaq Comp 10890.85 – 97.30 – 0.89% DJIA 32653.20 – 79.75 – 0.24% S&P500 VIX 25.81 – 0.07 – 0.27...

World Overnight SPI Overnight 6866.00 + 10.00 0.15% S&P ASX 200 6863.50 + 77.80 1.15% S&P500 3871.98 – 29.08 – 0.75% Nasdaq Comp 10988.15 – 114.31 – 1.03% DJIA 32732.95 – 128.85 – 0.39% S&P500 VIX 25.88 + 0.13 0.50...

Since reaching its peak in the summer of 2020, silver has fallen ~35% Smart money is going net long on silver, speculators almost net short; a good sign for silver outlook say Goehring & Rozencwajg This week’s top ASX precious metals s...

Iron ore billionaire Andrew Forrest says he’s “just not seeing” a shortage in lithium as he looks to grow Fortescue’s green energy business FMG has never diversified outside iron ore in its mining business Gold miners roll out the reports...

Westgold Resources continues to break production records at its Big Bell and Blue Bird underground gold mines whilst returning impressive exploration results for the first quarter of the 2023 financial year.

Westgold Resources has hit bonanza-grade results from drilling its Consols lode, part of the company’s Paddy’s Flat mine near Meekatharra, including 15.77m at a whopping 47.22 grams per tonne gold from 20m.

Westgold Resources (WGX) intersects up to 47.22 g/t gold from the Consols Lode at its Paddy’s Flat mine in Meekatharra, Western AustraliaParallel lodes were also intersected in the same hole, with results including 5.3 metres at 8.24 g/t go...

USD gold price continues to fall, currently $US1,621/oz Mixed bag of results for gold producers in Q1: Perseus, Northern Star outperformers so far Weekly small cap standouts: Strickland metals, Medallion Metals. GBM Resources Our Gold Dig...

Westgold Resources has begun drilling its Great Fingall Deeps project near Cue to test for deeper gold resources below its Great Fingall deposit that hosts the company’s highest grade mineral resource.

Westgold Resources (WGX) begins drilling at its Great Fingall Deeps project near Cue in Western AustraliaAround 10,000 metres of drilling is planned from three “parent holes”, each with multiple “daughter holes” to provide a further ten dri...

Retail investment in gold, silver has either hit new peaks or held up at multi-year highs, says Metals Focus 1 ounce gold Maple Leaf in the US commands a 40% premium at the retail level, for example This week’s top movers: Sihayo, Dacian,...

Nickel has emerged as one of the key commodities poised to benefit from the electrification and decarbonisation of transport and energy, with a new player emerging to join the hunt for the battery metal in WA. It is none other than Johnston...

The All Ordinaries (ASX: XAO) is a sea of red on Friday afternoon. At the time of writing, the index is down a disappointing 1.25% to 6,676.5 points. Fortunately, it’s not all bad news for All Ords shares today. Listed below are some big w...

Westgold Resources has improved the grade of its total ore reserves by 7.6 per cent whilst maintaining an ore reserve base above two million ounces of gold across its operations despite recent record production

PGM demand will remain strong until about 2025, when it will start to fall off a cliff: Metals Focus Why 2025? Because that’s when electrification of transport really kicks up a gear However, Bridge Street Capital analyst Chris Baker belie...

Fitch has downgraded its gold outlook but expects prices to remain “elevated in the coming years compared to pre-Covid levels” Contrarian argument: “It is also a sector full of M&A possibilities as gold equities haven’t been this ‘chea...

Westgold Resources has granted MLG Oz Limited a five year contract to boost the economics of its gold operations in the Murchison and Bryah Basin regions of WA by driving down costs associated to ore haulage.

Mine site services provider, MLG Oz (MLG) secures a five-year contract to service Westgold Resources’ (WGX) operations in Western Australia’s Mid-West regionMLG will provide in pit, off and on-road haulage, road maintenance and run of mine...

Westgold Resources has started drilling at its Caustons project as the company looks to develop near-term opportunities to feed its Tuckabiana processing plant and build on recent gold production records.

World Overnight SPI Overnight 6839.00 – 69.00 – 1.00% S&P ASX 200 6986.80 – 11.50 – 0.16% S&P500 3955.00 – 31.16 – 0.78% Nasdaq Comp 11816.20 – 66.93 – 0.56% DJIA 31510.43 – 280.44 – 0.88% S&P500 VIX 25.87 – 0.34 –...

World Overnight SPI Overnight 6860.00 – 58.00 – 0.84% S&P ASX 200 6998.30 + 32.80 0.47% S&P500 3986.16 – 44.45 – 1.10% Nasdaq Comp 11883.14 – 134.53 – 1.12% DJIA 31790.87 – 308.12 – 0.96% S&P500 VIX 26.21 0.00 0.00...

World Overnight SPI Overnight 6896.00 + 18.00 0.26% S&P ASX 200 6965.50 – 138.60 – 1.95% S&P500 4030.61 – 27.05 – 0.67% Nasdaq Comp 12017.67 – 124.04 – 1.02% DJIA 32098.99 – 184.41 – 0.57% S&P500 VIX 26.21 + 0.65 2...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((AIS)) - Aeris Resources ((A1M)) - AIC Mines ((ATL)) - Apollo Tourism & Leisure ((ASB)) - Austal ((AFG)) - Australian Finance Group ((BGA)) - Bega Cheese ((CBO)) - Co...

After a record-breaking June quarter, Westgold Resources has set itself a conservative but achievable target production guidance of between 240,000 and 260,000 gold ounces for the 2023 financial year.

Qantas ahead after losing $1.9bn The benchmark cruises to a happy Friday end China’s quest for All The Iron set to continue, despite looming tensions What a day to be alive – or awake… either is fine – because it’s been an almost entirel...

A V-shaped week for stocks ended near its high-point as the major miners rallied with iron ore prices and investors welcomed generally supportive corporate earnings. The S&P/ASX 200 surged 56 points or 0.79 per cent this afternoon to...

The share market recouped losses from earlier in the week as miners led for a second day and the full-year earnings season neared its end. The S&P/ASX 200 rallied 69 points or 0.97 per cent to 7117. The advance nudged the index into...

The Westgold Resources Ltd (ASX: WGX) share price is on the skids today after the ASX gold miner released its FY22 results. The Westgold share price opened 6% lower this morning and has only extended its losses since. At the time of writin...

Westgold Resources has posted a $111 million annual loss after taking $175.5m in non-cash impairment charges on the carrying value of some of its assets.

The ASX should open slightly lower on Friday Wall Street has risen ahead of Fed Chief J Powell’s speech this eve (US time) US GDP not as bad as forecast Local shares are set to open lower today. At 8am AEST, the ASX 200 September futures...

Westgold Resources has borne a non-cash impairment charge between $175–$200 million in its FY22 full year financial results to be released tomorrow. Impairment testing is an annual process and assesses the carrying value of the company’s as...

Westgold Resources is quietly going from strength to strength as the WA-based mid-tier gold miner continues to break records and hit major milestones across its Murchison and Bryah gold operations.

TSX listed Korara Resources finds another massive nugget stash at the Beta Hunt mine near Kalgoorlie The new discovery just below the super-rich, 30,000oz Fathers Day Vein China imported more than 80 tons (or 2.56Moz) of gold worth $US4.4b...

EVN’s Jake Klein predicts US$2-US$3,000/oz gold price for this time next year Is a wave of merger and acquisition activity coming in the ASX gold space? Bounce back in vehicle production to boost PGM demand Gold price hits a four-week high...

Platina Resources is seeking to expand its portfolio of gold exploration assets in Western Australia, applying for an exploration licence for the Jubilee Gold Project, 15 kilometres east of Meekatharra in the Murchison Province. Located wit...

Gold price hits three-week high post-FOMC rates decision ASX Quarterly Gold Wrap: producers hit a low bar, investors are pleased Gold demand falls in H1 as cost-of-living pressures bite, WGC says Our Gold Digger column wraps all the news...

Gold is down 5% for July and on a broader downward trajectory, Metals Focus says Aeris Resources’ Golden Plateau deposit could extend the mine life at Cracow Golden State Mining has kicked off drilling at the Yule project in WA   Our Gold...

The US dollar looks set to reach 20-year highs, impacting gold’s safe haven status JP Morgan employees on trial in Chicago after ‘spoofing trades’ accusations PGM supply through the recycling of auto catalysts has taken a hit ‘cos Covid O...

Westgold Resources (WGX) begins mining operations at the Fender underground mine within the Cue Gold Operation in Western Australia Fender was previously mined by Normandy Mining in the 1990s and Westgold completed a pit cut-back in 2020 w...

Westgold Resources has kicked off mining operations at Fender, the company’s newest underground mine at Cue in Western Australia. With the company focussed on leveraging existing capital, driving cost base down and profitability up in FY23,...

ShareCafeLunch Report: 11 July, 2022 by Melissa Darmawan   The fall in materials and information tech led the retreat on the Australian sharemarket as gains in energy and financial stocks weren’t enough to offset the decline. At noon, the S...

Westgold Resources has executed a new electricity purchase agreement with independent power provider Pacific Energy and a new LNG supply agreement with Clean Energy Fuels Australia (CEFA). Aiming to deliver substantial operating cost saving...

As widely expected, the Reserve Bank of Australia (RBA) raised the official interest rate by 0.5 percentage points yesterday, taking it to 1.35%, as widely expected. This is the fastest back-to-back increase in interest rates since increase...

Musgrave Minerals is fast approaching its 1 million ounces target for the Cue Gold Project after reporting its latest high-grade gold assay results. Even better, the results come from outside the current Mineral Resource Estimate boundaries...

ShareCafeGold Sector Nuggets: RRL, RED, WGX Cost pressures have already emerged for gold miners like Ramelius, St Barbara, Dacian and Evolution and we saw more of the same in the early June 30 updates from Regis Resources, Red 5 and WestGol...

Highlights: ASX 200 closed 0.25% higher, key influencer of the day remains RBA’s cash rate hike. Energy and IT stocks pushed the index higher while losses in A-REITs and industrials offset some of those gains. Australian shares shr...

Gold sub-index rises almost 2% as beaten down sector catches a break on a run of good news stories Regis Resources was the biggest gainer, up more 10% after posting a record quarter from its Duketon and Tropicana mines Westgold also hit a...

Westgold Resources (WGX) reports record quarterly and financial year gold production from its operations in WA The company achieves its production guidance, with 270,878 ounces of gold produced for FY22 and 72,591 ounces produced for the J...

Shares in beaten-down gold miners Regis Resources and Westgold Resources have enjoyed a bounce at the opening of trade after each reported record quarterly and full-year gold production.

Western Australian-based gold producer Westgold Resources has delivered on its full financial year (FY22) production guidance of 270,878 ounces. This was boosted by a record group production of 72,591oz for Q4, FY22, and record quarter prod...