Articles On Westgold Resources (ASX:WGX)

22 Nov 2023 - Westgold Resources (ASX:WGX) has raised eyebrows in the mid-cap mining sector with the announcement of a $100 million revolving credit facility. This news comes at a …

Westgold Resources (ASX:WGX) secures a $100 million revolving corporate facility (RCF) with ING Bank and Societe Generale The RCF offers flexibility for general corporate purposes and has a three-year term Westgold retains discretion...

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...

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...

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...

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...

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...

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:...

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.

  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...

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...

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...

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.

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.

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...

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.

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.

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...

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.

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...

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.

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...

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...

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...

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...

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.

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...

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.

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...

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 …

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...

  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...

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...

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)) -...

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...

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.

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...

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...

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.

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...

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.

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.

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...

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.

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.

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...

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...

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...

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...

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...