Articles On Westgold Resources (ASX:WGX)

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.

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...

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...

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...

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.

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...

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...

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...

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...

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...

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...

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...

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:...

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...

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...

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....

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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

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...

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),...

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...

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...

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...

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...

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...

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...

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....

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...

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...

This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights. Written by Rudi Filapek-Vandyck By Rudi Filapek-Vandyck, EditorNot everyone is back from holidays yet...

ASX miners fell 15% in 2024, trailing a strong ASX 300 which lifted 12% Goldman Sachs and RBC both see value in resources ahead of reporting season and the second half of FY25 Gold miners could be the best place to look, with equities to b...

Arafura nabs more government support for Nolans rare earths project Western Gold Resources selects contractor for Gold Duke mine St George Mining in niobium MoU with Chinese steelmaker Your standout small cap resources stocks on Wednesday...

Gold prices are near record highs, but not all gold equities are made equal Early December quarter reports from ASX gold producers have been mixed We checked out the numbers from nine mid-tier gold miners   With prices circling record hig...

It was a rough end to the trading week for the S&P/ASX 200 Index (ASX: XJO) and many ASX shares this Friday. After a strong start to the week, the ASX 200 continued Thursday's pessimism today,...

Materials was the only sector ending the week in the green as the S&P/ASX 200 slid 35.10 points, or 0.42%, to 8,294.10 points. Crossing below its 50-day moving average, the index is 2.59% off its 52-week high after gaining 0.53% over...

Goldman Sachs and Canaccord Genuity say lithium pricing will continue to be under pressure in 2025 What does that mean for ASX stocks? Benchmark sees 15% drop in previously forecast lithium supply in 2025, but supply growth will continue...

The ASX200 closed down 0.24% at 8,329 points, breaking a five-day rally. Australian retail sales rose slower than expected in November, growing 0.8% month over month in November, up from 0.5% growth in the prior quarter. To the boards...

S&P/ASX 200 Index (ASX: XJO) gold shares have certainly been shining bright amid the past year's surging gold price. But not as bright as most commodity analysts would expect. You've probably heard analysts say before that gold mi...