Articles On Westgold Resources (ASX:WGX)

Title Source Codes Date
ASX 200 Faces Downward Pressure Amid Market Volatility and Earnings Reports

Highlights  ASX 200 futures indicate a decline amid global market volatility, with the S&P 500 extending losses for a fourth session.  Earnings season reveals mixed results, with Flight Centre (ASX:FLT), Siteminder (ASX:SDR), and P...

Kalkine Media WGX 9 months ago
Black Cat pounces on Lakewood mill to fast-track gold production

Black Cat Syndicate (ASX:BC8) has agreed to terms to purchase Westgold Resources’ (ASX:WGX) Lakewood processing facility for $85 million as part of the group’s intention to accelerate its gold production plans. The deal includes an initi...

Mining.com.au WGX 9 months ago
Here are the top 10 ASX 200 shares today

It was a disappointing Tuesday session for the S&P/ASX 200 Index (ASX: XJO) and many ASX shares today. After snatching a win yesterday, the ASX 200 had no such luck today, tanking 0.68%. That...

Motley Fool WGX 9 months ago
Black Cat Syndicate to buy Lakewood mill from Westgold Resources for $85 million

Westgold Resources is selling the Lakewood gold processing facility south-east of Kalgoorlie-Boulder for $85 million as it moves to consolidate expanded Beta Hunt production at a bigger Higginsville mill.

The West WGX 9 months ago
Black Cat to acquire Lakewood processing facility

Image: SPF/shutterstock.com Black Cat Syndicate has entered into a binding agreement to acquire the 1.2 million tonnes per annum (Mtpa) Lakewood processing facility from Westgold Resources. Following Westgold’s Read MoreAustralian Mining.

Australian Mining WGX 9 months ago
Australian Broker Call *Extra* Edition – Feb 24, 2025

This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights. Written by Admin An additional news report on the recommendation, valuation, forecast and opinion cha...

FNArena WGX 9 months ago
Gold Digger: Goldies continue to impress as dividends flow

Gold miners are starting to deliver strong payouts to investors as record prices continue Ramelius returns 3c maiden interim dividend in “surprise result” Newmont and Gold Road fall as not all goldies impress With gold prices at record hi...

Stockhead WGX 9 months ago
Ten Bagger: Gold companies with infrastructure taking a front seat in the boom

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 why infrastructure is key for junior gold stocks. Th...

Stockhead WGX 9 months ago
Westgold clears the air about Lakewood sale

Image: Phawat/Shutterstock.com Westgold Resources has responded to media speculation surrounding the potential sale of its Lakewood gold processing facility near Kalgoorlie. The company said it is assessing strategic options as partRead Mo...

Australian Mining WGX 9 months ago
Westgold Resources eyes sale of Lakewood gold-processing mill near Kalgoorlie-Boulder

The Lakewood gold-processing plant just south-east of Kalgoorlie-Boulder could soon have a new owner, with operator Westgold Resources on Wednesday confirming it is exploring a sale.

The West WGX 9 months ago
ASX 200 Futures Steady, S&P 500 Hits Record Close as Earnings Season Unfolds

Highlights: S&P 500 Records a New High – The index closed at a record level following a late-session rally, with resource and value stocks leading the gains.  Investor Sentiment Reaches Multi-Year Highs – Bank of America's Global...

Kalkine Media WGX 9 months ago
The Overnight Report: When In Doubt

This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights. Written by Admin Too many uncertainties and share market indices at or near all-time record highs are...

FNArena WGX 9 months ago
Gold explorers have gone from zero to hero as investors look for value at depth

This time last year Gareth Solly’s Black Cat Syndicate (ASX:BC8) was battling for relevance, trading at a little over $60 million even as it progressed the refurbishment of its Paulsens gold mine, the first leg of a three-step process to be...

Stockhead WGX 9 months ago
MLG Oz secures $75 million contract with Westgold Resources, increases revenue in latest half-year

Kalgoorlie-Boulder mining services firm MLG Oz has secured a $75 million contract to haul ore for Westgold Resources, and has also unveiled a substantial revenue lift in its latest half-year results.

The West WGX 9 months ago
MLG secures multi-million-dollar haulage contract

MLG Oz (ASX:MLG) has secured a bulk haulage services contract with Westgold Resources (ASX:WGX), which has the potential to exceed $25 million in revenue per year.  Under the agreement, which has an initial three-year term from March 202...

Mining.com.au WGX 9 months ago
Westgold delivers millions in contracts

A recent sunrise at Westgold’s Bluebird operations. Image: Tony McDonough Westgold Resources has awarded MLG Oz a key contract for the provision of bulk haulage services across its southern operations in the Goldfields region of Western Aus...

Australian Mining WGX 9 months ago
FNArena Corporate Results Monitor – 17-02-2025

This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights. Written by Admin Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((ASK)) - Abacu...

FNArena WGX 9 months ago
What to know about ASX gold shares for 2025

The ASX gold share sector has been a strong performer over the past 12 months, thanks to a significant rally in gold prices. In general, commodity prices dramatically affect the profit margins of commodity businesses. Production costs do...

Motley Fool WGX 9 months ago
Resources Top 5: Investors swoon as Scorpion’s golden arrow strikes

Scorpion’s new Jungar Flats project has plenty of gold potential Hamelin Gold has found a gold anomaly at its Ularring project Australian Mines drilling intersects rare earths at Jequie in Brazil Your standout small cap resources stocks f...

Stockhead WGX 9 months ago
Gold Digger: Forget US$3000 gold, how about US$3600?

Gold could hit US$3600 on stagflation risk: Victor Smorgon Group EVN and NST deliver big dividend boost Beaten down Westgold reports loss on merger costs   Ask yourself not whether gold can break US$3000/oz, but whether it can cross US$36...

Stockhead WGX 9 months ago
Westgold glitters with 2.4% gain as lofty gold prices lead to half-year glow

Westgold Resources (ASX:WGX) has traded up as much as 2.4% today – a 6c gain on its mid-$2.50s share price – after the gold explorer nearly doubled its half-year revenues following soaring gold prices in the last twelve months. Listen to...

themarketonline.com.au WGX 9 months ago
ASX Sets New High as Avita Medical Surges 11% Amid Broad Market Gains

Highlights ASX 200 inches toward record close despite global trade concerns. Avita Medical (ASX:AVH) jumps 11.6% on strong revenue growth and 2025 outlook. Technology and gold sectors lead gains, while Cochlear (ASX:COH) and AMP (ASX:...

Kalkine Media WGX 9 months ago
ASX Gains Trimmed as (ASX:CBA) Drags; (ASX:COH), (ASX:AMP) Extend Losses

Highlights  (ASX:CBA) declines, weighing on the financial sector despite initial ASX gains.  (ASX:COH) and (ASX:AMP) slump due to earnings concerns.  Defensive stocks and gold-related assets shine amid market uncertainty.  Austral...

Kalkine Media WGX 9 months ago
Australian Markets Surge as Trade Uncertainty Looms; Cochlear and AMP Face Setbacks

Highlights  ASX gains momentum despite global trade concerns, with most sectors ending in positive territory.  Cochlear (ASX:COH) and AMP (ASX:AMP) take a hit due to profit challenges.  Mining and utility stocks rise, buoyed by strong...

Kalkine Media WGX 9 months ago
ASX shrugs off volatile start

The S&P/ASX 200 reversed its downward trend to advance 51.3 points, or 0.6%, to 8,535.3 points by the closing bell on Wednesday (12 February).   The index has climbed 1.41% over the past five days and sits 0.37% off its 52-week high....

Mining.com.au WGX 9 months ago
ASX Edges Higher as Trump Considers Tariff Exemption for Australia

Highlights ASX 200 makes modest gains as US tariff exemption talks progress. Gold miners shine with strong performances amid rising gold prices. Lithium stocks face headwinds, while economic outlook sees an upward revision. The Au...

Kalkine Media WGX 9 months ago
Here are the top 10 ASX 200 shares today

It was a shaky, wild day for the S&P/ASX 200 Index (ASX: XJO) this Tuesday. Fresh from yesterday's loss, the ASX 200 spent much of the day in green territory but took a cold bath in the aft...

Motley Fool WGX 9 months ago
ASX inches up as Trump mulls Australian tariff exemption   

The ASX made modest moves up on Tuesday (11 February) after US President Donald Trump agreed to consider Australia’s call for an exemption from tariffs being imposed on aluminium and steel imports. Trump reportedly said the US trade surp...

Mining.com.au WGX 9 months ago
Resources Top 5: Godolphin gains on strong gold hits at Lewis Ponds

The first two holes targeting the Spicer’s Lode at Godolphin Resources’ Lewis Ponds project has returned strong gold assays OzAurum continues to make gains after last week’s strong showing despite a lack of news today Trek Metals investee...

Stockhead WGX 9 months ago
Gold Digger: More banks chuck $3000 gold on their radar

Gold on track for US$3000/oz as Trump tariff fears hit Citi and UBS up price forecasts Kalgoorlie Gold Mining and OzAurum stun with WA gold hits   Gold spent years fumbling around trying to hit the US$2000/oz on a consistent basis, only t...

Stockhead WGX 9 months ago
Here are the top 10 ASX 200 shares today

The S&P/ASX 200 Index (ASX: XJO) enjoyed a bumper session this Thursday, building on the gains we saw yesterday. As of today's market close, the ASX 200 had blasted 1.23% higher to finish at 8...

Motley Fool WGX 9 months ago
Australian Broker Call *Extra* Edition – Feb 06, 2025

This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights. Written by Admin An additional news report on the recommendation, valuation, forecast and opinion cha...

FNArena WGX 9 months ago
Here are the top 10 ASX 200 shares today

The S&P/ASX 200 Index (ASX: XJO) snatched defeat from the jaws of victory today, letting an early surge slip away to finish slightly lower. Despite rising as much as 0.8% this morning, the ASX...

Motley Fool WGX 10 months ago
As bullion booms ASX gold miners could soon be raking in $1 billion a quarter

ASX gold miners are on the cusp of raking in +$1bn a quarter Even a strict cost accounting measure used by WA broker Euroz shows cash flows hit a record $960m in the December period Euroz’s Michael Scantlebury says Pantoro is “cheap” and l...

Stockhead WGX 10 months ago
ASX reacts to ‘Trump 2.0’ tariff chaos  

It was a bloodbath on the ASX today (3 February) as US President Donald Trump’s early moves in office escalated the likelihood of a global trade war. The S&P/ASX 200 tumbled 152.9 points, or 1.79%, to 8,379.4 points by the closing be...

Mining.com.au WGX 10 months ago
Closing Bell: Traders across Asia panic as stocks, metals, crypto bleed under Trump’s tariff storm

Global selloff hits markets after Trump’s tariffs Ethereum sinks and copper prices dive Fisher & Paykel crumbles over tariff costs   The global selloff is tearing through markets as traders headed for the exit following Trump’s tariff...

Stockhead WGX 10 months ago
Resources Top 5: OzAurum lifts off on discovery of new high-grade gold target

OzAurum drilling hits up to 4m at 14.17g/t gold at Mulgabbie North Alkane Resources becomes substantial shareholder in Medallion Metals New Murchison unveils feasibility study for near-term gold from Crown Prince Your standout small cap r...

Stockhead WGX 10 months ago
Caprice restarts drilling as it targets maiden Murchison gold resource

Caprice recommences drilling at Island gold project after holiday break Company confident of extending shallow historic mineralisation Drilling will also target ‘Break of Day’ style targets in prolific gold region   Special Report: Capric...

Stockhead WGX 10 months ago
Westgold Resources shares hammered as the gold miner forecasts lower production and higher costs

Karora Resources is proving difficult to digest for Westgold Resources six months after being swallowed up for $1.2 billion.

The West WGX 10 months ago
Why Fisher & Paykel Healthcare, Magellan, Resolute Mining, and Westgold shares are sinking today

The S&P/ASX 200 Index (ASX: XJO) is having a very poor start to the week. In afternoon trade, the benchmark index is down 1.7% to 8,388.5 points. Four ASX shares that are falling more than most today are listed below. Here's why they a...

Motley Fool WGX 10 months ago
ASX Plummets Amid Escalating Tariffs and Global Trade Uncertainty

Highlights  US tariff announcements and rising global trade tensions contributed to a 1.7% decline in the S&P/ASX 200 during early trading.  Major financial institutions and industrial stocks, including Commonwealth Bank (ASX:CBA),...

Kalkine Media WGX 10 months ago
Guess which ASX 200 gold stock just plunged 12% on FY 2025 production woes

S&P/ASX 200 Index (ASX: XJO) gold stock Westgold Resources Ltd (ASX: WGX) is under heavy selling pressure today. Westgold shares closed on Friday trading for $2.58. In morning trade on Monday, shares are changing hands for $2.28 apiece...

Motley Fool WGX 10 months ago
ASX back tracks as tariff war takes hold  

Wall Street tumbled late on Friday with the announcement of 25% tariffs on Canada and Mexico and a 10% tariff on China. Canada then announced retaliatory tariffs. This saw the ASX tumble at open on Monday (3 February), with several commo...

Mining.com.au WGX 10 months ago
Gold Digger: Why a stronger US dollar does not mean weaker bullion

Gold is again threatening all time highs at US$2773/oz Commonwealth Bank reinstates US$3000/oz price target for Q4 2025 US dollar and gold could rise at same time: CBA Before Donald Trump’s ascent to the throne of the free world, the boss...

Stockhead WGX 10 months ago
Trump promise of rate cuts buoys equities 

A promise from US President Donald Trump to push for interest rate cuts kept US equities near record highs overnight, which had a positive impact on the Australian market today (24 January).  The S&P/ASX 200 lifted out of the red to...

Mining.com.au WGX 10 months ago
Westgold Resources achieves record quarterly production

A recent sunrise at Westgold’s Bluebird operations. Image: Tony McDonoughWestgold Resources has reported record gold production of 80,886 ounces in the second quarter (Q2) of the 2024-2025 financial year (FY25), while Regis Resources is deb...

Australian Mining WGX 10 months ago
ASX Market Open: Oz ignores tech-buzzed Wall Street to head for soft decline | Jan 23, 2025

The ASX 200 is pointing down this morning and is tipped to lose as much as 0.4%, down to 8,407 points – a soft Thursday decline that doesn’t quite match the hype Wall Street is enjoying right now around AI and tech stocks. Even as Oz fal...

themarketonline.com.au WGX 10 months ago
Markets Surge Ahead of Presidential Transition with Commodities Driving Focus

Highlights  Markets rally ahead of Donald Trump's presidential inauguration.  Commodity prices show short-term fluctuations with uncertain outlooks.  Lithium and uranium stocks rise as small caps make significant moves.  The U.S....

Kalkine Media WGX 10 months ago
Trump 2.0 gives markets last minute boost  

US markets climbed on Friday ahead of Donald Trump’s inauguration as the 47th President on Monday (20 January) US time, which also lifted Australian markets on Monday morning.  The S&P/ASX 200 rose 22.50 points, or 0.27%, to 8,332.90...

Mining.com.au WGX 10 months ago
Gold Digger: Experts weigh in on mid-tier goldies as prices continue to rise

Gold miner Genesis Minerals has seen analysts up price targets after a strong December quarter Ora Banda Mining is expected to lift cash flow strongly in the second half, according to Canaccord Genuity Promising inflation figures that have...

Stockhead WGX 10 months ago