Articles On Westgold Resources (ASX:WGX)

Title Source Codes Date
Gold Digger: Banking on it – ANZ upgrades gold outlook, SocGen sees further upside

Spot gold prices are up since this time last week, and ASX goldies are benefitting ANZ upgrades its gold outlook for rest of this year, and 2024  The week’s top ASX gold-related stocks led by: TG1 and CPM   First things first, let’s just...

Stockhead WGX 5 months ago
Gold Digger: Lacklustre week ends on brighter note for yellow metal, as China hoards like there’s no tomorrow

US, Aussie spot gold prices down this week, but safe haven could soon find demand Canadian gold expert: hyperinflation contagion spreading to US The week’s top ASX goldies: North Stawell Minerals and Nagambie   It wasn’t the greatest week...

Stockhead WGX 5 months ago
Gold Digger: Production goes nuts as all time gold mining record nears and long-term road looks solid

New World Gold Council report points to thriving gold industry and long-term demand Meanwhile, gold prices are still healthy but fractionally down from this time last week The week’s top ASX goldie gainers: STK, TIE, ENR   Right then, gol...

Stockhead WGX 5 months ago
ASX Large Caps: Shares 1pc higher as Neuren, Block surge; SBF found guilty of all charges

ASX lifted 1pc on Friday, up 3pc for the week Neuren, Block Inc, Lendlease, and media stocks were the best gainers FTX founder Sam Bankman-Fried found guilty on all charges   The ASX tracked Wall Street to close 1% higher today. For the w...

Stockhead WGX 5 months ago
Australian Broker Call *Extra* Edition – Oct 31, 2023

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 5 months ago
Gold Digger: AI tech boom will supercharge precious metals demand, claims new report

New report from Metals Focus predicts AI adoption could play a big role in tech sector’s need for gold and other precious metals Gold price momentum slows but still looks technically strong, says analyst The week’s top ASX goldie gainers:...

Stockhead WGX 5 months ago
Improved gold price adds to Westgold bottom line

Westgold Resources has recorded its third consecutive quarter of cash build with a strong gold price helping it add $25 million in cash, bullion and liquid assets to its books to close with $217 million.

The West WGX 5 months ago
Monsters of Rock: Whitehaven fires back at activist shareholder by calling in the referee on eve of big vote

  Whitehaven calls in Takeovers Panel in AGM stoush Westgold down despite $25 million September cash build 29Metals and Alkane also report   Annual general meetings or for brevity’s sake AGMs, as they are labelled by the type of people wh...

Stockhead WGX 5 months ago
Why Dexus, Magellan, Westgold, and Woolworths shares are dropping today

The S&P/ASX 200 Index (ASX: XJO) is having a subdued session on Wednesday. In afternoon trade, the benchmark index is down slightly to 6,851.6 points. Four ASX shares that are falling more than most today are listed below. Here's why...

Motley Fool WGX 5 months ago
Westgold Resources commences at Great Fingall operation

Westgold Resources (ASX:WGX) has made quite a fuss about the commencement of work at the legendary Great Fingall mine in the WA Goldfields. This statement comes just a day before the release of the company's September quarter production and...

ShareCafe WGX 5 months ago
Westgold Resources commences at Great Fingall operation

24 Oct 2023 - Westgold Resources (ASX:WGX) has made quite a fuss about the commencement of work at the legendary Great Fingall mine in the WA Goldfields.

FNN WGX 5 months ago
Westgold kicks off decline development at Great Fingall

Westgold Resources has restarted one of Western Australia’s most historic gold mines, with the company taking the first cut out of the Great Fingall decline near the town of Cue in the State’s Mid West region.

The West WGX 5 months ago
Gold Digger: US$3000/oz? Analysts are still predicting a fairytale 2024 for the prettiest commodity of them all

ING downgrades Q4 gold price forecasts, but expects prices to move higher again in Q1 “on the assumption that the Fed will start cutting rates” Bloomberg commodities guru Mike McGlone: $US3000/oz may be “rendezvous point” ASX gold stock of...

Stockhead WGX 6 months ago
Westgold on track to deliver production guidance

Westgold Resources has provided its preliminary production results for the first quarter of the 2024 financial year (Q1 FY24). During September, the gold miner Read MoreAustralian Mining.

Australian Mining WGX 6 months ago
Westgold records third consecutive quarter of cash build

Westgold Resources is continuing to put together a strong balance sheet after producing more than 63,000 gold ounces from its combined operations for the quarter to add $25 million in free cash to its books.

The West WGX 6 months ago
Solid FY24 start for Westgold Resources

Westgold Resources (ASX:WGX) reported a strong start to the 2023-24 financial year, with production data for the three months ending in September. The company produced 63,104 ounces of gold from its Murchison and Bryah Operations in Western...

ShareCafe WGX 6 months ago
Solid FY24 start for Westgold Resources

05 Oct 2023 - Westgold Resources (ASX:WGX) reported a strong start to the 2023-24 financial year, with production data for the three months ending in September.

FNN WGX 6 months ago
Market Highlights: Local markets look rosy after bad jobs means good news on Wall Street

ASX to open higher after Wall St lifts on fresh jobs data  US 10-year yields pull back from 5%, so everyone’s less upset PEXA buys a British surveyor, DYM says it’s found 2.8km of potential Li2o in WA   Aussie shares are set for a win af...

Stockhead WGX 6 months ago
Westgold Resources builds cash reserves to $217m after posting third consecutive growth quarter

Westgold Resources is on track to achieve its financial year guidance after the miner posted an improvement in its cash position on the back of strong results for the September quarter.

The West WGX 6 months ago
Gold Digger: China banks into bullion, De Grey raises $300m to stave off M&A sharks and WA ASX juniors find paydirt

China’s property market and depressed yuan has domestic investors flocking to gold Price differences between Shanghai spot gold and the West have gone from a decade average of US$6 to more than US$100 of late De Grey’s DFS is out with a $3...

Stockhead WGX 6 months ago
Ten Bagger: John Forwood says these four WA gold plays are ripe for the picking

Welcome to Ten Bagger, where Lowell Resources Fund chief investment officer John Forwood gives us his take on a sector of the ASX resources market full of value. This month, John tells us which slept on WA gold explorers could be ripe for t...

Stockhead WGX 6 months ago
MoneyTalks: Nero Resource Fund’s Rusty Delroy goes diving for ‘ridiculously deep value’

MoneyTalks is Stockhead’s regular recap of the ASX stocks, sectors and trends that fund managers and analysts are looking at right now. Today we hear from Rusty Delroy, the iconically mulleted founder and investment manager of boutique Cott...

Stockhead WGX 7 months ago
Musgrave-Ramelius takeover nears full completion

Ramelius Resources (ASX:RMS) has officially acquired more than 90% of the shares in Musgrave Minerals (ASX:MGV), meaning it will now move to compulsory acquisition of all remaining Musgrave shares. Under the Corporations Act, a sharehol...

Mining.com.au WGX 7 months ago
Westgold updates mineral resource

Westgold Resources has updated its total mineral resource and ore reserve statement, and for its key gold projects. The Western Australian gold miner’s Read MoreAustralian Mining.

Australian Mining WGX 7 months ago
Westgold green-lights intensive explorations with expectations of booming results

Westgold Resources' timely revitalisation of its exploration program has seen the company avoid what would have been an embarrassing slide in the amount of resources at its gold mining operations in the Cue area of WA. Stepped up spending o...

ShareCafe WGX 7 months ago
Westgold poised for $25 million exploration spend

Westgold Resources has revealed plans to hit this financial year with a $25 million exploration program on the back of showing it has grown its group mineral resource by 311,000 ounces in the previous period.

The West WGX 7 months ago
Westgold bolsters group resources and reserves

Westgold Resources (ASX:WGX) has provided an updated mineral resource and ore reserves statement for its operations in the Archean Murchison Province and the Proterozoic Bryah Basin in Western Australia.  The $824.10 million market capit...

Mining.com.au WGX 7 months ago
Westgold green-lights intensive explorations with expectations of booming results

11 Sep 2023 - Westgold Resources' timely revitalisation of its exploration program has seen the company avoid what would have been an embarrassing slide in the amount of resources …

FNN WGX 7 months ago
Gold Digger: Australian miners rejoice as gold price flirts with record highs

At $3014/oz, local gold is currently paying near record prices Should these current levels hold, Aussie miners could be looking at another big income bump in FY24 Top ASX Gold Stories of the Week: Southern Cross Gold, Toubani Resources Ou...

Stockhead WGX 7 months ago
Margin over ounces: Westgold’s strong production results

  Westgold Resources (ASX:WGX) Managing Director Wayne Bramwell provides an update on the company, discussing drivers behind production results, the gold price, and plans going forward. Peter Milios: We are talking today with Westgold Resou...

ShareCafe WGX 7 months ago
Spartan’s metamorphosis is driven by a growing high-grade resource and an existing gold plant

At its core, Spartan Resources’ story is the classic tale of a previously struggling company that has achieved a remarkable turnaround and is now positioned to deliver rewards to loyal shareholders. It was only a couple of years ago in the...

Stockhead WGX 7 months ago
FNArena Corporate Results Monitor – 25-08-2023

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((AX1)) - Accent Group ((A1M)) - AIC Mines ((AIZ)) - Air New Zealand ((ALC)) - Alcidion Group ((ALK)) - Alkane Resources ((APA)) - APA Group ((A1N)) - ARN Media ((AIA)) -...

FNArena WGX 7 months ago
MoneyTalks: Hedley Widdup says junior resources stocks are the best counter-cyclical play around

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 Lion Selecti...

Stockhead WGX 7 months ago
Westgold debt-free and cashed up for big 2024

Westgold Resources has finished the 2023 financial year debt-free and with $192 million in cash, bullion and liquid assets. Management says it is now fully funded and ready to deliver its objectives in FY24.

The West WGX 7 months ago
Emission Control: Australia’s most coal dependant state now halfway to achieving 2030 renewable energy target

Queensland may historically be Australia’s biggest coal producer, but the Palaszczuk Government has wasted no time in bucking the trend as the state inches closer to beating its own renewable-generated target of 50% by 2030. The increase in...

Stockhead WGX 8 months ago
Gold Digger: Get set – if the ’70s is any guide, gold’s next leg up will be explosive

Similarities between the 1970s bull run, which saw gold soar 2,300%, and today “If the 1970s analogy holds, the next leg will be explosive”: Goehring and Rozencwajg This week’s top ASX precious metals stocks Our Gold Digger column wraps a...

Stockhead WGX 8 months ago
Westgold revives historic Great Fingall mine and adopts sustainable power

11 Aug 2023 - Westgold (ASX:WGX) has finally given the green light to resume mining operations at the iconic Great Fingall mine near Cue in the Western Australian goldfields.

FNN WGX 8 months ago
Westgold revives historic Great Fingall mine and adopts sustainable power

Westgold (ASX:WGX) has finally given the green light to resume mining operations at the iconic Great Fingall mine near Cue in the Western Australian goldfields. Having made a significant discovery earlier this year regarding the nature and...

ShareCafe WGX 8 months ago
Westgold turns to green power

Westgold Resources has commenced operation of four new hybrid power facilities to power its Western Australian operations. The facilities are set to replace the exisitingRead MoreAustralian Mining.

Australian Mining WGX 8 months ago
Westgold flicks switch on hybrid energy power station

The first of Westgold Resources’ four hybrid power stations is officially up-and-running at its Tuckabianna site 20km east of the Western Australian town of Cue, replacing its existing diesel-powered facility.

The West WGX 8 months ago
Westgold Resources eyes cost savings as hybrid power facility comes online at Tuckabianna, WA

Westgold Resources (ASX:WGX) is expecting to pocket a range of fuel and cost savings after powering up the first of four hybrid power facilities to be installed across its Western Australian operations. Located at Tuckabianna, 20km east of...

Mining.com.au WGX 8 months ago
Great Fingall sees a new beginning

The Westgold Resources board has approved the development of the Great Fingall gold mine. The Great Fingall mine has previously hosted a significant mine productionRead MoreAustralian Mining.

Australian Mining WGX 8 months ago
Westgold to bring historic Great Fingall back to life

One of Western Australia’s most historic gold mines is being prepared for a fairytale return after Westgold Resources secured approval to develop its Great Fingall mine, with 383,000 gold ounces in its sights.

The West WGX 8 months ago
Great Boulder Resources pegs more ground at Side Well Gold Project, WA

Great Boulder Resources (ASX:GBR) has acquired multiple new tenements immediately south of its Side Well Gold Project in Western Australia, expanding the project area by some 22km.  The $38.32 million market capitalisation company has agree...

Mining.com.au WGX 8 months ago
Gold Digger: China is hoovering up gold bars and De Grey is everything, everywhere, all at once

China’s gold imports have risen a massive 16% in the first half of 2023 Spot prices are down following the US Fed hiking interest rates to 5.5% De Grey has gold options here, there and everywhere in the Pilbara Our Gold Digger column wrap...

Stockhead WGX 8 months ago
Wakey-wakey: These slept-on explorers are on the trail of high grade gold, copper and silver finds

It’s no secret that the world of explorers, especially when it comes to old world commodities like gold, copper and silver (i.e. not lithium and rare earths), has been turned on its head this year. Higher interest rates across the Western w...

Stockhead WGX 8 months ago
Musgrave reinforces Starlight Lode’s very high-grade gold nature

Musgrave Minerals has further de-risked its flagship Cue gold project with grade control drilling confirming the exceptional high gold grades previously discovered within the Starlight Lode, part of the Break of Day trend. Recently complet...

Stockhead WGX 8 months ago
Westgold aiming bigger next year

Westgold Resources has released its guidance for the 2024 financial year, hoping to mine more gold at a lower operating cost. After delivering on production guidance for 2023, Westgold has set itself the goal of producing between 245,000 t...

Australian Mining WGX 8 months ago
Monsters of Rock: Aeris plunges as it puts Jaguar mine on ice

We wish we had brighter news to deliver as this wet and windy hump day winds up. Alas it was not to be, with copper, gold and zinc miner Aeris Resources (ASX:AIS) emerging from a trading halt to deliver the disappointing edict it has delive...

Stockhead WGX 8 months ago
Westgold Resources forecasts cost-easing

2 Aug 2023 - 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 e…

FNN WGX 8 months ago