Articles On Westgold Resources (ASX:WGX)

Westgold Resources has reported “spectacular” gold intervals at its Great Fingall Cue deposit in Western Australia. New drilling at the deposit has shown the previous finding of flattening of the Great Fingall Reef is actually a hanging wa...

Al Jazeera investigation uncovers ‘money washing’ scheme using Zimbabwean gold involving senior diplomats, church leaders Zimbabwe produced a record high ~356t (12.5Moz) gold in 2022 Fast-deprecating currency makes Zimbabwe perfect breedin...

Westgold Resources is eyeing a revised mineral resource for its Great Fingall deposit near Cue in WA after recording an impressive 3.5m hit going 45.15 grams per tonne gold from 1337.5m at the operation.

While gold has shined this year, platinum group metals are well off their recent highs Metals Focus says rare PGE rhodium could be in for a rerate this year that big Used in catalytic converters, rhodium supply is in deficit and largely co...

Chinese media announced a major “50t” gold discovery over the weekend, containing metal worth “US$3 billion” In the grand scheme of things it doesn’t appear that big Christian joins Gold Digger live from France to unpack the US Fed meeting...

Gold prices threaten $3000/oz in Aussie dollar terms Fitch says they could move towards US$2075/oz record, but are likely to hit resistance Besra up after announcing US$300m funding deal for 3Moz Bau gold project in Malaysia Our Gold Digg...

‘Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director, and responsible executive at Perth-based financial services pr...

Gold prices surge 3% on bank fears, threatening US$2000/oz This week’s rate decision by the US Fed could weigh on gold after prices broke through Australian dollar record $2900/oz Ramelius down on Breaker deal, Tietto up after commissionin...

The S&P/ASX 200 Index (ASX: XJO) is tumbling today, but most S&P/ASX All Ordinaries Index (ASX: XAO) gold shares are defying the sell-off to leap higher. Gold shares shining brightly today include: Newcrest Mining Ltd (ASX: NC...

16 Mar 2023 - Westgold Resources (ASX:WGX) continues to get encouraging exploration results from its flagship Big Bell mine in WA as it ponders whether to expand downward or outwa…

Gold prices continue to rise in the fallout from the SVB and Signature Bank collapses in the US Now over US$1900/oz after near US$100/oz rally in past two days ANZ raises 2023 year-end forecast by US$100 to near record US$2000/oz Gold is...

Westgold Resources has released an operational update at its flagship Big Bell mine in WA.  Drilling efforts at the Cue mine have been conducted into a proposed expansion area, with the goal of providing data to support a final investment...

ASX weathers a US bank collapse storm to finish the day down just 0.5% XEC Emerging Companies index down 0.84% because it was out partying all weekend. The Goldies take the gongs, after the precious metal jumped more than 1.0%   Looking a...

The S&P/ASX 200 Index (ASX: XJO) has started the week in a subdued fashion. At the time of writing, the benchmark index is off its lows but down 0.2% to 7,130.1 points. Four ASX shares that are not letting that hold them back today ar...

Central banks are buying gold at record levels with holdings now at 50-year highs: Sprott Gold tends to hold its value in times of crisis Central Bank buying ‘extremely’ bullish: Goehring & Rozencwajg They say investors with no perform...

Gold defends psychologically important US$1800 level and is currently paying ~US$1840/oz Rox Resources up 66% on monster hit outside 3.2Moz Youanmi resource Miners Ramelius (+20%), Resolute (+14%) lead strong week for mining stocks Our Go...

World Overnight SPI Overnight 7177.00 – 21.00 – 0.29% S&P ASX 200 7258.40 + 33.60 0.47% S&P500 3970.15 – 12.09 – 0.30% Nasdaq Comp 11455.54 – 11.44 – 0.10% DJIA 32656.70 – 232.39 – 0.71% S&P500 VIX 20.70 – 0.25 – 1...

World Overnight SPI Overnight 7201.00 + 34.00 0.47% S&P ASX 200 7224.80 – 82.20 – 1.12% S&P500 3982.24 + 12.20 0.31% Nasdaq Comp 11466.98 + 72.04 0.63% DJIA 32889.09 + 72.17 0.22% S&P500 VIX 20.95 – 0.72 – 3.32%...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((ALG)) - Ardent Leisure ((ASB)) - Austal ((AFG)) - Australian Finance Group ((AVH)) - Avita Medical ((BRI)) - Big River Industries ((SQ2)) - Block ((BXB)) - Brambles ((CB...

Perseus Mining (ASX:PRU) continues to claim the title of ‘ASX’s Most Consistently Good Gold Producer’ Other ASX miners a mixed bag Gold is currently at a 2-month low of $US1835/oz Our Gold Digger column wraps all the news driving ASX stoc...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) has followed Wall Street’s lead and is on course to end the week on a positive note. At the time of writing, the benchmark index is up 0.3% to 7,308.4 points. Four ASX shares that h...

In the latest instalment of our maiden resources series, we’ve picked out nearly a dozen stocks that could post maiden JORC 2012 gold and copper resources in 2023. A maiden lithium resource is as close to a sure thing for a rerate as you ca...

Gold rallies past US1,950/oz on Fedspeak, before falling back below US$1,920/oz on Friday “Bullion traders will need to see disinflation trends remain strong and for the labour market to soften for the bull case to remain in place”: OANDA’...

Straight-shooter Jessica Amir is a Market Strategist at Saxo Markets. Jessica joined Saxo a year or so back and brought along  well over a decade of global financial market wisdom. She focuses on providing strategies, straight-shooting, inv...

Gold miners rule after US Fed chair strikes less hawkish tone with smaller rate rise Hot mining services stock SRG wins Northern Star contracts Uranium play Deep Yellow releases Tumas DFS   Gold miners ruled the roost among the large caps...

Westgold Resources continues to break records with its Big Bell gold operation in the Murchison region achieving best production figures according to the company’s December quarterly report.

Copper prices have performed strongly since China ended its Covid-Zero policy But Capital Economics thinks they may have run too fast, predicting a tough few months as reality catches up with expectation Miners slide, with gold miners hit...

11 producer quarterlies ranked from goodest to ‘don’t look down’ Eight gold miners and others on the bill with MinRes, Newcrest, St Barbara, West African among those reporting December performance It’s quarterly season, in case you haven’...

Evolution Mining and Musgrave Minerals have again struck high-grade gold within their shared ground, further demonstrating the potential at the West Island prospect in WA’s Murchison region.   Diamond drilling continues to confirm that the...

World Overnight SPI Overnight 7317.00 – 21.00 – 0.29% S&P ASX 200 7388.20 + 60.10 0.82% S&P500 3999.09 + 15.92 0.40% Nasdaq Comp 11079.16 + 78.05 0.71% DJIA 34302.61 + 112.64 0.33% S&P500 VIX 19.49 + 0.66 3.51% U...

By Rudi Filapek-Vandyck, Editor FNArena Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macquarie, Morgan Stanley, Morgans, Ord Minnett and UBS. For the purpose...

World Overnight SPI Overnight 7310.00 + 35.00 0.48% S&P ASX 200 7328.10 + 47.70 0.66% S&P500 3999.09 + 15.92 0.40% Nasdaq Comp 11079.16 + 78.05 0.71% DJIA 34302.61 + 112.64 0.33% S&P500 VIX 18.35 – 0.48 – 2.55% U...

Golden morning for miners as inflation leads bullion to almost US$1900/oz All Ords gold sub-index up almost 1.8% in morning trade Materials lifts 0.57%, but is overshadowed by energy stocks after oil and gas prices rise   Gold is tantalis...

World Overnight SPI Overnight 7262.00 + 30.00 0.41% S&P ASX 200 7280.40 + 85.10 1.18% S&P500 3983.17 + 13.56 0.34% Nasdaq Comp 11001.10 + 69.43 0.64% DJIA 34189.97 + 216.96 0.64% S&P500 VIX 19.05 – 2.04 – 9.67% U...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is charging higher again. At the time of writing, the benchmark index is up 1.15% to 7,278.8 points. Four ASX shares that have failed to follow the market higher today are listed be...

The LME, the world’s largest clearing house for metals contracts, faces an uphill battle to restore liquidity and confidence in the nickel market after a review by advisors Oliver Wyman which found it needs to tighten rules and enforcement...

Westgold Resources continues to break records after producing more than 110,000 tonnes at 3.47 grams per tonne gold for the second quarter of the 2023 financial year at its Bluebird mine near Meekatharra.

Western Australia-based gold producer Westgold Resources (ASX:WGX) reports it has set a new record for gold production in Q2 for FY2023 at its Meekatharra gold operation in Western Australia. The company says the Bluebird underground mine p...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is heading in the right direction again. At the time of writing, the benchmark index is up 1% to 7,200.3 points. Four ASX shares that are climbing more than most today are listed be...

It’s Monsters or Mouse, our annual parade of ASX mining stocks who joined the half-a-billion AUD club (or got booted) in ’22. Despite trying market conditions a handful of miners, explorers and contractors caught the attention of investors...

Experts see gold approaching US$2000/oz in 2023 after holding up remarkably well against the rate hikes of 2022 Martin Place Securities says currency weakness will prompt buyers to turn to gold as a safe haven Argonaut’s Eddie Rigg gives h...

Metals Focus reckons early 2021 Reddit squeeze sparked almost two years of record retail silver demand US market achieved a new high last year of almost 4,000t of physical silver investment, “a performance which could be eclipsed this year...

Gold producer Westgold Resources says it has reduced its total group expenditure by 16 per cent since its peak in March and is on track to hit its financial year guidance of between 120,000 to 130,000 ounces.

ASX takes a pre-Christmas bath, dragged down by InfoTech and Discretionary Asian markets fall lower today as Japan widens yield target range PolarX is still ruling the playground after one of the big kids said it was cool With apologies t...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macqu...

Gold prices have historically outperformed during recessions ANZ research raises end of 2023 gold price target to $US1,900/oz Weekly small cap standouts: Peregrine Gold (ASX:PGD), Ora Gold (ASX:OAU) Our Gold Digger column wraps all the ne...

World Overnight SPI Overnight 7230.00 + 16.00 0.22% S&P ASX 200 7203.30 + 22.50 0.31% S&P500 4019.65 + 29.09 0.73% Nasdaq Comp 11256.81 + 113.08 1.01% DJIA 34108.64 + 103.60 0.30% S&P500 VIX 22.55 – 2.45 – 9.80%...

Warrego Energy puts out initial substantial shareholder notice for Gina Rinehart entities following takeover bid Whitehaven Coal finishes November with a new substantial shareholder as two of its directors sell down holdings Neuren Pharma...

Westgold Resources has completed another major milestone with its Fortnum gold operation 140km north of Meekatharra passing 250,000 ounces of gold mined since the company took ownership of the site in 2017.

Australian gold producer Westgold Resources (ASX:WGX) reports it has surpassed the milestone of 250,000 ounces of gold mined at the Fortnum Gold Operation in Western Australia. The company says it commenced mining at Fortnum in 2017 with a...