Articles On Westgold Resources (ASX:WGX)

Gold is re-starting its bull rally as two major obstacles — higher US Treasury yields and Bitcoin — fizzle. “Strong headwinds from parabolic Bitcoin and rising bond yields appear to have run their course,” Bloomberg Intelligence senior comm...

Alto Metals finds itself at the centre of corporate interest again as it continues to receive encouraging results from the intensive drilling program underway at its Sandstone Gold Project in Western Australia.  Company filings show that es...

Gold’s rally ran out of puff this week, with the precious metal dropping about 2% below ~$1US1,870/oz at Thursday close. Kitco’s Jim Wyckoff calls it “routine profit taking”. “Importantly, the price uptrend in gold on the daily chart remain...

Summary The S&P/ASX 200 scaled a new high on Thursday, ending 0.6% up at 7260.1. The index gained as much as 0.9% to hit a fresh intraday high of 7281.8. Australian engineering company Worley was the top gainer, rising 8.13% to AU...

Summary The ASX 200 continued gaining momentum on Thursday, hitting a fresh record high. The market sentiment got a lift after trade balance and retail sales both rose in April. Energy stocks emerge as top gainers, owing to a rise in...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to start the month with a decline. At the time of writing, the benchmark index is down 0.2% to 7,147.4 points. Four ASX shares that are falling more than most today are...

Over the past two months the gold price has turned a corner, up ~12.7% to a high of $US1898/oz. That’s a four month high, erasing almost all of 2021’s losses. The share prices of local gold stocks have responded in kind. Over the past month...

Are large Bitcoin investors moving back into precious metals? In a note to clients, JPMorgan said large institutional investors are dumping bitcoin in favour of gold, reversing a trend that’s played out over the last two quarters. “The bitc...

Horizon Minerals has acquired the Bulong South, Glandore and Cowarna gold projects in the Western Australian Goldfields from Aurenne Group Holdings for $5 million. The Bulong South project contains the Cannon gold mine which has an ore rese...

The recovery in the gold price from its early March lows — ~$1,670s to over $1,825 currently — was mostly driven by the decline in real interest rates and, more recently a poor US jobs report and increasing inflation. US core inflation in A...

Alto Metals’ recent exploration efforts at its Sandstone Gold Project in Western Australia have focused primarily on the 3km-long corridor between the historic Lord Henry and Lord Nelson mines.  And with good reason too, given the obvious o...

Spot Gold, Copper, Westgold Resources (WGX), KGL Resources (KGL) and Nanosonics (NAN).

Summary Newcrest Mining’s operating performance in the March quarter was in line with expectations. The company is on track to deliver FY21 guidance. Westgold Resources reported another solid result for the March 2021 quarter, beating...

“When you stop growing you start dying,” is a saying the ASX’s largest gold miners have apparently taken to heart. While hopefully remaining cognisant of the expensive, value-destroying deals which occurred when gold last peaked in the 2010...

The market traded in the positive zone today. By the closing bell, the benchmark index ASX 200 had added 17 points to settle at 7081.70, 0.24% higher over the previous day’s close. However, the market did attempt to move higher and hit 7097...

Summary  The ASX 200 on Mondays opened higher after US stocks rebounded on Friday supported by encouraging economic data. The benchmark ASX 200 opened higher by 12.20 points or 0.17% to 7,072.90. The top gainers were NIB Holding...

Following the global cues, the ASX 200 traded in the positive zone today. The benchmark index added 34 points and traded at 7032, an uptick of 0.5% on Wednesday's closure. Most sectors managed to recoup the early morning losses and ended in...

The gold price traditionally thrives on geopolitical drama. Heightened tensions in eastern Ukraine, the recent incident at an Iranian nuclear site, and news of an unofficial US delegation visiting Taiwan are recent reminders that 2021 will...

Source:Things, Shutterstock Summary ASX 200 is expected to open around 0.25% or 18 points higher today. The S&P 500 rose to record highs on Tuesday, led by surging technology-related stocks. The dollar index fell 0.29% and the Au...

Source: Africa Studio, Shutterstock Summary Silver Lake Resources Ltd gained 6.14 percent in the last trading session. The price has broken crucial resistance level and soared almost ~24.57 percent in the last six trading sessions. S...

Gold continues to trend upwards on the back of US dollar’s ongoing weakness and concerns about inflation, so it’s unsurprising that the majority of gold plays on our watchlist have marked gains this week. The previous metal is currently tra...

Copyright © 2021 Kalkine Media Pty Ltd. On 9th April 2021, the equity market of Australia settled in red. ASX 200 fell marginally by 3.60 points to 6995.20. On the same day, academic & educational services sector and real estate sector...

Source: baranq, Shutterstock The Australian market traded in negative today. Towards the end, it dropped 11.30 points and traded at 6987.50 points, down by 0.16% on Thursday's closure. The majority of sectors traded in the red and Consumer...

Source: OhSurat, Shutterstock Summary The Australian shares were trading on a weak note on Friday amid uncertainty around COVID-19 vaccine rollout. Energy and travel stocks were the top losers, dragging the broader index downwards. S...

Source: sitthiphong, Shutterstock The bulls have lost momentum today after a good couple of back to back gaining trading days. The benchmark index ASX 200 traded lower today. By lunchtime, it lost 28.20 points and traded at 6970.60, a decl...

Silver City soars on gold project acquisition Has Antipa found a Havieron gold copper lookalike in the Paterson Province of WA? Aguia (phosphate, copper), Peako (gold, base metals) and Alto (gold) up on no news Here are the top small cap...

Australian explorers continue to prove that there are still new treasures to be found in historic goldfields. There is one region in particular that is extremely fertile but has not been as closely looked at as others — the Murchison in WA....

The gold price may have languished slightly in 2021, but the number of gold IPOs certainly has not. Here’s what the newest ASX gold explorers are doing, where they are doing it, and why investors should care.   KINCORA COPPER (ASX:KCC) The...

Strange to think that it is a year since the world was turned upside down when the World Health Organisation declared COVID-19 a worldwide pandemic in mid-March 2020. In the week that followed the price of gold tumbled nearly $US200 to $US1...

Northern Star Resources, Regis Resources, Westgold Resources, Perpetual and GWA Group.

A recent round of support for gold has seen the price consolidate above $US1,700 an ounce. However, with policy support from central banks, US stimulus and employment growth — underpinned by big infrastructure projects — you’d “expect gold...

AURIS Minerals has been encouraged by copper drill results north of Meekatharra following work done by joint venture partner Westgold Resources ...

Now this is interesting. Last week I told my paid subscribers it was highly likely we were going to see buyouts in the gold sector. And that’s what showed up yesterday. But not quite the way I expected. Nonetheless, I think it’s a sign of t...

Source: Costello77 ,Shutterstock Summary The Australian benchmark equity index ASX 200 opened marginally higher, tracking strong closing at the Wall Street.  The market sentiment also received a boost in the opening session after the...

Source: katjen, Shutterstock Australian markets closed slightly higher, led by cyclical stocks. Gold stocks that were significantly down recently led the rally in the benchmark index on Wednesday. ASX 200 index added 55.7 points or 0.82% t...

Source:Phongphan ,Shutterstock ASX 200 has held its gains in the afternoon today. Australian bond yields are tracking lower today, while information technology sector is also lower. Australian markets are trading higher today. Most of th...

Source: GotziLA STOCK, Shutterstock Reserve Bank’s decision sent stocks tumbling today. Bond yields also inched lower at close, while the ASX 200 fell 0.4% or 27.3 points to 6762.3 points. Australian markets are down by a whisker after t...

Source: REDPIXEL.PL,Shutterstock Australian markets rose sharply at the open on Monday. Bond yields are coming down as investors are buying bonds. The yields on ten-year bond and fifteen-year bond were down over 20 bps. The Reserve Bank o...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((3PL)) - 3P Learning ((ALD)) - Ampol ((AD8)) - Audinate Group ((BIN)) - Bingo Industries ((BSL)) - BlueScope Steel ((BKG)) - Booktopia Group ((CNU)) - Chorus ((CGC)) - Co...

Source: Shutterstock  Summary Westgold Resources (ASX:WGX) is making waves after registering stunning 1H 2021 results. The company reported strong financial results with a significant increase in profit before income tax, revenue, and...

Summary Australian shares are mixed on Monday. Most sector indices are tracking lower, while ASX 200 is slightly higher. Commodity prices were also mixed with higher gold, silver, and copper prices. But oil, coal, iron ore prices were...

22 Feb 2021 - Westgold Resources (ASX:WGX) report an impressive 552 per cent increase in net profit before income tax to $69.8 million for the half year period.

Summary The ASX 200 opened higher on Monday, up 17.30 points or 0.25 per cent to 6,824, after three major US stock indices closed at record highs on Friday. The sectors are trading mixed in the opening session. Nine of 11 sectors were...

  On 12th February 2021, the equity market of Australia settled in red as ASX200 declined by 0.63% to 6806.70. On the same day, academic & educational services sector grew by 0.44% and technology sector rose by 0.02%. Sector Summary...

Summary The benchmark index opened on a weaker note on Friday, and bears took charge as five day lockdown was announced in Victoria. Commodity prices were also mixed on Friday. Gold spot prices were lower, but iron ore and copper price...

Summary ASX opened lower and fell sharply in the morning hours of trading session. Telecommunications, healthcare and A-REITS were higher. ASX stocks have retreated today with the benchmark index losing nearly 18 points at noon. Ea...

03 Feb 2021 - Westgold Resources (ASX:WGX) has suspended all FIFO operations from the lock down region in Western Australia to the unaffected region in which it operates.

Summary Westgold Resources (ASX:WGX) achieved robust results in December 2020 quarter. The company registered gold production and sales within the guidance range and reduced unit costs across the operations. It continues to expand ope...

The Westgold Resources Ltd (ASX: WGX) share price closed 2.12% higher at $2.41 today after the miner released its December 2020 quarterly report. Let’s take a closer look at the results and the recent history that’s led to here. A strong p...

On 11th January 2021, the equity market of Australia ended in red as ASX 200 fell by 0.90% to 6697.20. Technology sector fell by 1.60% and consumer non-cyclicals sector declined by 1.57%. Sector Summary (Source: Refinitiv (Thomson Reuter...