Articles On Westgold Resources (ASX:WGX)

Swiss data shows the highest total January to May bullion shipments since 2018 On a year-to-date basis US gold imports surged by 170% to 103t US also the largest destination for Swiss silver bullion, accounting for ~30% of the total; up fr...

Musgrave Minerals has appointed Anthony Buckingham as General Manager-Development, in which role he will focus on development studies and defining an optimal development path for the company’s Cue Gold Project in Western Australia’s Murchis...

Highlights Emerald Resources increased its direct equity stake in gold focused Bullseye Mining to 59.32% Emerald will use its exploration expertise to maximise the value of the Bullseye gold project EMR will work in sync with Bullseye...

Newmont’s Tom Palmer says gold may have found new floor of ~US$1600/oz in the wake of inflation With small gold miners are struggling with rising supply chain and labour costs, Palmer says consolidation in the sector makes sense Drilling r...

Nordic Nickel announces its new substantial shareholders following its June 2 debut Sigma Healthcare defies ASX health stocks to keep rising and attract new substantial shareholders Hard-hit e-commerce and health stocks among those to lose...

ShareCafeEvening Report: 14 June, 2022 by Paul Sanger   The Australian sharemarket has suffered its worst losses in over two years, obliterating $82bn of market capitalisation off the ASX 200. At the closing bell, the S&P/ASX 200 plunge...

Lynas announces US$120m funding for Department of Defence back heavy rare earths plant in Texas Westgold pulls in record gold production numbers in May to avoid the market rout Materials index bleeds red as miners cop double whammy of mark...

Highlights ASX 200 fell as much as 5% to 6,585.20 points in opening trade with all the 11 sectors declining Market sentiments turned soured after the announcement of US inflation data last Friday A drop in iron ore prices following co...

14 Jun 2022 - A snapshot of the stocks on the move featuring Kazia Therapeutics (ASX:KZA), Westgold Resources (ASX:WGX) & Lake Resources (ASX:LKE).

The Westgold Resources Ltd (ASX: WGX) share price is defying the broader ASX market today. This comes after the gold miner announced a positive update to its Bryah and Murchison operations. At the time of writing, Westgold shares are up 3....

Westgold Resources’ Bryah and Murchison operations have set a record for gold production for the month of May. The figures of 25,100 ounces came after a bumper April that delivered 23,969oz of the precious metal. After reaching steady state...

The ASX 200 is set to open 4% lower today Wall Street crashes following higher than expected inflation report on Friday Bitcoin plunges 13% The ASX is poised to crash by more than 4% at the open this morning after another plunge in Wall S...

1 gram of gold can be recovered from about 41 recycled mobile phones Mint Innovation can recover $US12,000 worth of gold from one tonne of old circuit boards Gold trades sideways at ~$US1,850/oz Our Gold Digger column wraps all the news d...

Debbie Fullarton has resigned as Westgold Resources chief executive officer after four years with the company, to pursue other opportunities. She has been replaced by Wayne Bramwell in the role of managing director, effective immediately. W...

Chalice Mining rattles the tin for $100 million to fund Julimar drilling Comes after the company received permission to drill targets beneath the Julimar State Forest last week Westgold appoints exec director Wayne Bramwell to lead growth...

Westgold Resources executive director Wayne Bramwell will assume the chief executive role following the sudden departure of Debbie Fullarton.

Westgold Resources’ (WGX) Chief Executive Officer resigns after four years with the company Debbie Fullarton attributed the decision to a desire to pursue other opportunities, with her resignation effective immediately As such, Wayne Bramw...

US gold price down more than 10% or $200 from its peak But Aussie gold miners faring better due to weak AUD-USD exchange rate This week’s ASX standouts: Twenty Seven Co, OzAurum Resources Our Gold Digger column wraps all the news driving...

Highlights Australian share market has gained an upbeat momentum in an attempt to get over yesterday’s lows. The Materials sector remains the top gainer by afternoon today (28 April, 2 PM AEST). Three stocks buzzing on the ASX with Ma...

Musgrave’s partner Evolution continues to unearth thick new gold targets on the duo’s JV ground in WA’s Murchison, along with some extremely high grades. Diamond drilling at the West Island prospect has identified more new gold lodes, whil...

Gold miners start March reporting season off strong with Gold Road and Gascoyne both posting stronger production US Fed sees more rate rises to come in March minutes, but gold holds steady with inflation on the rise Gina Rinehart confirms...

Highlights Despite ongoing geopolitical tensions, the ASX 200 gained in March. The benchmark advanced 4% over the month to end at 7,499.6 points. However, there were stocks which couldn’t follow the market’s lead and poste...

The S&P/ASX 200 Index (ASX: XJO) was well and truly on form in March. The benchmark index stormed 6.4% higher over the month to end at 7,499.6 points. Unfortunately, not all shares were able to follow the market’s lead. Here’s why thes...

The ASX microcaps Emerging Companies index closed 0.01% higher on Friday Copper explorer Stelar Metals (ASX:SLB) led the market with a 57% gain US stock futures are trading flat ahead of the Friday open on Wall St   After a pretty strong...

Gold price to hit $US2,200 as stagflation fears take hold U.S. and allies officially prohibit all transactions with Russia involving gold, one of its financial lifelines. Will it work? Gold price rebounds over past week to $US1,960/oz Our...

Increasing COVID-19 cases in Western Australia have caused staffing problems for miners with Westgold Resources and Wiluna Mining both reporting operations impacted by quarantined workers. Westgold stated in its December quarterly report th...

ShareCafeThe Week that Was – March 14-18, 2022 We at ShareCafe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. To make it easier to do so,...

ShareCafeGold Sector Nuggets: WGX, PNR, DEG Plenty of news from around the gold space today, as Westgold Resources and Pantoro both raise some capital to fund work at their WA projects and there are some positive results for De Grey Mining....

Western Australia’s Yilgarn may be centuries old but there is still plenty of quality gold left to find as Musgrave Minerals has shown with its latest results from drilling the Mosaic Lode at its Cue project. The latest round of results fr...

Local shares have clawed back losses from Friday, gaining 1.21% in a session where 10 out of 11 sectors rose. Financials, Healthcare, Discretionary were some of the best performing sectors today. Even the Tech finished in the green, despite...

The ASX 200 index has closed 1% higher on Monday, while the ASX Emerging Companies (XEC) index shed earlier gains to finish down 0.1%. Disappointing, really. It shoulda been a day for the little guys. Asia was mixed. Although not the Hong K...

Renewed optimism about Russia-Ukraine peace talks helped curb soaring commodity prices and lift Australian shares to their highest in more than a week. The S&P/ASX 200 rallied 86 points or 1.21 per cent as rising US equity futures sh...

Highlights Uber has said that it would roll out a fuel surcharge on all trips in Australia. According to the transportation service provider, this will be a temporary per-km based surcharge paid by riders. The company has said that th...

The S&P/ASX 200 Index (ASX: XJO) has started the week strongly. In afternoon trade, the benchmark index is up 1.2% to 7,147.8 points. Four ASX shares that have failed to follow the market higher today are listed below. Here’s why they...

14 Mar 2022 - Westgold Resources (ASX:WGX) has completed its $100 million placement to new and existing investors.

The Westgold Resources Ltd (ASX: WGX) share price has come out of a trading halt to record heavy falls today. This follows the gold resource company’s update in regards to its recent share placement. During early afternoon trade, Westgold...

Westgold Resources’ (ASX:WGX) was too little, too late with its bid to takeover Dalgaranga gold project owner Gascoyne Resources (ASX:GCY), a curious corporate stoush that saw under-the-radar junior gold explorer Firefly Resources emerge a...

The share market reversed Friday’s loss as reports of progress in Russia-Ukraine peace talks boosted US equity futures and drove down the price of oil. The S&P/ASX 200 rallied 83 points or 1.18 per cent by mid-session. Ten of 11 s...

Highlights The benchmark ASX 200 was trading 0.88% up at 7,125 in the first 15 minutes of trading on Monday. Major US stock indices ended lower on Friday as technology and growth shares fell sharply. All 11 sectors are trading higher...

Westgold Resources (WGX) has completed a roughly $100 million share placement to advance gold production and margins in its Murchison and Bryah strategy The shares were issued at $2.10, a 13.9 per cent discount to the last traded price of...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

War gossip/news remains the main driver of gold prices. The precious metal is having one of those volatile weeks where unless they timed their entry and exit perfectly, investors probably had a tough time whether long or short, says OANDA s...

Amidst global uncertainties including Vladimir Putin’s war in Ukraine, increasing inflationary pressures and COVID, this week saw the brakes on capital raising, with only a scattering of companies announcing they’re seeking funds. Small-...

Westgold Resources was pitching investors for $100 million in fresh funds on Thursday morning.

Local blue chip shares fell today, as risk-off sentiment prevails across Asia following the latest development in the energy markets. As Brent pushed above US$125 a barrel in Asian hours, ASX Energy and Mining sectors, which have been the t...

It’s a rough day on the broader market, but these ASX mining shares are performing just fine. They’ve each surged to their highest point in at least 12 months on Tuesday. That’s despite the S&P/ASX 200 Index (ASX: XJO) slipping 0.12% w...

Russia’s war in Ukraine may be driving oil and gas prices through the roof, but the foundations of crude’s run beyond US$100 a barrel have been building for years. Crude was above US$110/bbl last week, translating to over $2 a litre at the...

A good week for gold, which is up 1.04% to ~$US1,940/oz at time of writing. History shows us war doesn’t usually trigger an extended rally, but news flow – or lack thereof – coming out of Ukraine continues to be the biggest influence on the...

There were 0 producers in January’s Top 50 ASX resources stocks. In February there were 12, plus a handful looking to join their ranks by the end of the year. Why? Maybe reporting season underlined just how much money miners are making from...

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