Articles On Westgold Resources (ASX:WGX)

Westgold Resources has reported a record gold yield for the month of May, an eight per cent increase on April production. Bluebird mine produced 49 thousand tonnes (kt) at 4.0 grams per tonne of gold (g/t), yielding 6.3 thousand ounces (ko...

Westgold Resources continues to set records at its Bluebird mine, producing 49,000 tonnes at 4 grams per tonne gold for 6300 ounces in May – an 8 per cent increase compared to April’s figures at the site.

Alto Metals (ASX:AME) has a work program in place for H2 2023 as it prepares for deeper reverse circulation (RC) drilling at Indomitable Camp and having identified several new lithium targets within the Sandstone Gold Project. The company r...

07 Jun 2023 - Gold miner Westgold Resources (ASX:WGX) has announced a $177 million all-paper takeover offer for tiddler Musgrave Minerals (ASX:MGV) in a deal launched with a touch …

ShareCafeMarket Forces Westgold’s Hand with Musgrave Gold miner Westgold Resources has announced a $177 million all-paper takeover offer for tiddler Musgrave Minerals in a deal launched with a touch of controversy, but with the aim of uniti...

In today’s Trading Up, Heidi reveals the surprise $177 million dollar bid by Westgold Resources that led to Musgrave Mineral’s shares rocketing by 30 per cent.

ShareCafeASX closes 1.2% lower as RBA lifts cash rate 25 basis points by Peter Milios   At the closing bell, the S&P/ASX 200 was 1.2 per cent lower at 7,144.50, after the Reserve Bank’s decision to lift the cash rate by 0.25 per cent. T...

ShareCafeASX 0.7% lower at noon as investors await RBA rate decision by Peter Milios   At noon, the S&P/ASX 200 is 0.7 per cent lower at 7,165.50 as traders await the Reserve Bank of Australia’s interest rate decision at 2.30pm. Consume...

Gold explorer and developer Westgold Resources (ASX:WGX) has made a play for fellow ASX-listed Musgrave Minerals (ASX:MGV) in a potential $177 million deal.  Westgold on Tuesday 6 June 2023 announced its intent to launch the all-scrip takeo...

ShareCafeStocks of the Hour: SIG, MGV, ADD                    Sigma Healthcare (ASX:SIG) has been awarded a supply contract with Chemist Warehouse. CEO Vikesh Ramsunder commented: “The contract allows us to leverage our highly automat...

Westgold wants Musgrave’s Cue gold project to feed its treatment plants in the Murchison.

Westgold Resources has made an unsolicited takeover bid for Musgrave Minerals. Under the terms of the offer, Musgrave shareholders would receive one fully-paid Westgold ordinary share for every 5.37 Musgrave shares held at a price of $0.30...

Dreadnought Resources (DRE) appoints Debbie Fullarton as its Chief Financial Officer Ms Fullarton has more than 30 years’ experience in the resources industry, ranging from junior explorers to global majors DRE MD Dean Tuck says the a...

Perspectives on key demand drivers and their implications for PGM demand are diverging Biggest demand sector for PGMs is auto catalysts in car exhausts which are being phased out by EVs Producers relying on an emergent hydrogen economy to...

Westgold Resources’ Great Fingall gold mine in Western Australia has recorded a 49 per cent uplift in mineral resource estimation. The site’s resource has now grown to half a million ounces. “A 49 per cent uplift from the last reported min...

01 Jun 2023 - Westgold (ASX:WGX) has lifted the estimated mineral resource of its emerging Great Fingall deep prospect in WA by 49% to more than half a million ounces and started w…

Gold developer and explorer Westgold Resources (ASX:WGX) has bolstered the mineral resource estimate (MRE) of its Great Fingall deposit near Cue in Western Australia by 49%. The company says this helps pave the way towards a potential Final...

Gascoyne Resources burned through millions since the ill-fated opening of the Dalgaranga mine in 2017 Fresh off a $50m recap and new high grade discovery called Never Never, MD Simon Lawson says the gold explorer is finally poised to reali...

Westgold Resources has reported solid results through its drilling program at the Great Fingall gold deposit. The Great Fingall gold deposit has hosted a significant mine production of approximately 1.2 million ounces, and is now part of W...

24 May 2023 - Tuesday saw Westgold (ASX:WGX) announce promising mining results at its WA operations and a new player in the corporate action for Silk Laser (ASX:SLA).

ShareCafeStock Snippets: WGX, SLA Tuesday saw Westgold announce promising mining results at its WA operations and a new player in the corporate action for Silk Laser. ………… Westgold Resources (ASX: WGX) continues to produce good news from ol...

Westgold Resources continues its climb with assays at Great Fingall Ramelius to progress to compulsory acquisition of Breaker 29Metals outlines plan to recover after rainfall impact at Capricorn copper Ain’t that good news, Sam Cooke once...

Gold sold off violently from highs in 2020 and 2022, but is holding its ground in 2023 “An important bullish signal for gold could be a weekly close above US$2035, the highest close in history”: FxPro Weekly ASX small cap standouts: Chesse...

Westgold Resources’ is on track to expand its Bluebird gold mine after recent drilling works found high-grade ore deposits. Located near Meekatharra in Western Australia, Bluebird recently set a gold production record at the site for April...

Westgold Resources has achieved record production figures from its Bluebird underground mine throughout April to deliver 48,000 tonnes at 3.7 grams per tonne gold for a total of 5800 gold ounces for the month.

The ASX will open flattish on Tuesday Crude prices rise another 2pc overnight The market awaits the Federal Budget later tonight   The ASX is poised to open modestly higher on Tuesday after a flat session on Wall Street overnight. US trad...

Gold miners bite nails as US Fed rate decision approaches Higher rates are bad for gold, with severity of hike to impact bullion’s near-term price Chalice drills hard at Julimar   Gold miners will be looking over their shoulders overnight...

ASX miners adding to hedge books at prices up to A$3200/oz – well above record highs Heavy hedging a vestige of times past due to losses suffered in the late 90s, early 2000s Regis Resources still has 145,000oz of legacy hedges at frighten...

Three of Australia’s prominent miners have released their March quarterly production reports, with gold and lithium operations high. Westgold Resources announced its third quarter (Q3) production highlights, which saw gold production at 60...

Aussie Google searches for ‘how to buy and gold and silver’ at 12 year highs Reporting season: Wednesday small cap standouts: GBM Resources, Ora Banda Mining Our Gold Digger column wraps all the news driving ASX stocks with exposure to pr...

Westgold Resources produced 60,512 ounces of gold last quarter at an AISC of $2094 an ounce and is on track to be at the upper end of guidance. The company is debt free with $168 million in liquid assets.

Miners plunge into red as lithium and iron ore stocks tank Gold stocks bucked the trend, up 1.62% across the All Ords sub-index and more than 26% so far this year Westgold and West African report decent quarterly results   Lithium and iro...

Westgold Resources’ gold output dropped slightly in the March quarter, with production across three of its processing hubs impacted by heavy rainfall. 

Gold and silver edged higher Tuesday to US$1996/oz and US$25.15/oz Unhedged Gold Road Resources (ASX:GOR) sells 41,818oz in March quarter at a record average price of A$2,764 per ounce Small Cap Standouts: Metalstech, Los Cerros Our Gold...

US deficit blew out in the early 2000s, sparking a major bear market for the USD This was a catalyst for a major increase in price of gold, from US$250 in 2001 to a high of ~$2,000 a decade later: Jesse Felder Yesterday’s ASX News Highligh...

Gold, eyeing record highs (~US$2070/oz) just days ago, has been chopped down to ~US$2000/oz Gold’s path towards record territory is still there, it just might take a little while longer: OANDA’s Ed Moya Silver holds the psychologically sig...

Rejigged deal will see embattled St Barbara sell flagship Leonora gold assets to Genesis Minerals for ~$600m in cash, shares Deal “reflects the deterioration over recent months in both SBM’s financial and operational position”: Gavin Wendt...

Current Aussie gold price of $3013.26/oz means an extra $450 per oz of unhedged production for our local miners Gold miner quarterly reports due to trickle in from later this month Weekly Small Cap Standouts: TechGen Metals, Labyrinth Reso...

Gold miner Westgold Resources and copper major 29Metals have released their preliminary production results for the third quarter (Q3) of the 2023 financial year (FY23). Westgold delivered a solid quarter of operations, producing 60,512 oun...

13 Apr 2023 - Westgold (ASX:WGX) says it is looking at reaching the top end of its 2022-23 gold production guidance after a solid effort in the three months to March.

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 Argonaut hea...

Despite a bullish backdrop – COVID, war, inflation shocks, bank failures – gold has traded in an oddly tight range Liberum says all these demand drivers are being ‘cancelled out’ by Fed-led inflation-targeting rate hikes Gold paying US$201...

Dynamic developer of gold mines in outback WA, Westgold Resources [ASX:WGX] has posted strong production of gold for its preliminary production results Q3 FY23. Westgold produced 60,512 ounces of gold, even with disruptive weather across th...

Last week, I said that the beaten-up gold sector was a happy hunting ground at the moment, with Westgold Resources [ASX:WGX] having a solid chart. WGX rallied 13% over the week. Today, I give you a detailed look at the WGX chart and point o...

Banking crisis sparks gold ETF inflows for the first time in 10 months Central Banks continue buying up gold at record levels Every larger gold stock on our list enjoyed gains this week led by double digit gains for the mid-tier and advanc...

Last week, I said that the beaten-up gold sector was a happy hunting ground at the moment, with Westgold Resources [ASX:WGX] having a solid chart. WGX rallied 13% over the week. Today, I give you a detailed look at the WGX chart and point o...

Gold breaches US$2,000oz with ease on weak US economic data A weaker jobs report Friday could see record highs tested Wednesday small cap standouts: Investigator, Labyrinth, Rox Our Gold Digger column wraps all the news driving ASX stocks...

Some ASX growth shares have taken a proper beating over the last couple of years. Rising interest rates, the increased cost of debt, and macroeconomic uncertainty have culminated in reduced investor appetite for risk. This has sent the ma...

When something is running hot, like lithium, any dog stock can have its day. Our theory is this. For a long-term hold, it pays to look at companies that have good projects in unpopular (but essential) commodities because one day that commod...

Resources and Energy Quarterly (R&EQ) analysts reckon gold will tumble to US$1550/oz by 2028 Don’t fret: recent R&EQ gold predictions have been way off the mark Monday’s Precious Metals Stock of the Day: Battery Minerals (ASX:BAT)...