Articles On Westgold Resources (ASX:WGX)

The current gold price rally is expected to continue into FY22; Subdued demand growth outlook for metals; Dividends forecasted for Metal stocks  -Gold price is expected to touch US$2000/oz in 2021-With China running out of things to build,...

Scratch a financial advisor and ask about investing in gold – it is almost certain one of their suggestions will be to buy companies actually producing the metal and, preferably, paying a dividend. But Monday saw the market action elsewhere...

Macquarie Wealth Management is recommending going overweight on resources, favouring that sector over industrials as a global wave of government infrastructure spending drives up demand for mining and energy resources. One qualification: th...

Want to know which stocks the fund managers have been putting their money in (and out) of? We’ve been keeping track so you don’t have to. Trading Places is Stockhead’s recap of substantial holder movements among ASX small caps in the last f...

How will the re-opening of economies amid loose monetary policy and fiscal stimulus affect the gold price trajectory? -Equity market rally could slow gold buying in the short term-Narrowing gap between gold and gold stock trajectory-Gold ra...

Want to know which stocks the fund managers have been putting their money in (and out) of? We’ve been keeping track so you don’t have to. Trading Places is Stockhead’s recap of substantial holder movements among ASX small caps in the last f...

The Musgrave Minerals Ltd (ASX: MGV) share price has charged out of a trading halt this morning on the back of drilling results at its flagship Cue Project. Musgrave Minerals is an active Australian gold and base metals explorer. Its corne...

An extraordinary number of company-making, ‘frontier-type’ mineral discoveries have been made in Australia over the past six to eight months. These have been rerating events for companies, their shareholders, and even entire regions. In Sep...

Australian Vanadium has signed an agreement with Westgold Resources for water access assistance at the Australian Vanadium project in Western Australia. Excess water from Westgold’s operations, which are 25 kilometres from the Australian Va...

Listed gold miner Westgold Resources is expected to press go on a capital raising on Tuesday morning to finance its Western Australian mining activities.

Gold prices have been on a tear as investors seek refuge from the market panic brought about by the COVID-19 pandemic. Spot gold has climbed 9.6 per cent since the beginning of this year to its current price of $US1,675.55, or about $2,594...

LEAD project developer Galena Mining has bought a pastefill plant for its underground mine at Abra from Westgold Resources for A$2.25 million ...

For miners — who are grappling with a constantly shifting, multifaceted supply and demand picture — these are unprecedented times. Here’s some insight (read: educated guesses) from a few ASX-listed producers on the outlook for iron ore, gol...

Resolute Mining has completed the sale of the Ravenswood gold mine in Queensland to a consortium comprising EMR Capital and Singapore-listed Golden Energy and Resources. The transaction is valued at $100 million for upfront proceeds, with p...

Few sectors of the global economy are flourishing in these uncertain times like Australian gold mining. A combination of factors including gold’s status as a safe haven investment, global monetary policy in response to the coronavirus threa...

Here it is – your weekly look at the stocks fund managers are buying (and selling). Trading Places is Stockhead’s recap of substantial holder movements among ASX small caps in the last week. Substantial shareholders are shareholders holding...

In early afternoon trade the S&P/ASX 200 index is on course to record a strong gain. At the time of writing the benchmark index is up 1.7% to 6,431.4 points. Four shares that have failed to follow the market higher today are listed bel...

Westgold Resources has recommenced underground sub-level cave stoping at the Big Bell underground mine, located north-west of Cue in Western Australia. Westgold’s executive chairman, Peter Cook noted that despite the Big Bell site having be...

Gold miner Westgold Resources (ASX: WGX) has restarted operations at the Big Bell underground mine in Western Australia and expects it to become the “largest single mine in the Murchison region”. The company today announced underground sub-...

The Westgold Resources Ltd (ASX: WGX) share price will be on watch this morning after the West Australian gold miner announced that underground sub-level cave mining has recommenced at its Big Bell site. Westgold currently owns three opera...

Top 10 Aussie gold producer Westgold Resources (ASX:WGX) has spun its Northern Territory gold-base metal assets into Castile Resources, which hits the bourse this Friday with a market cap of about $40m. Castile Resources (ASX:CST)  issued a...

04 Feb 2020 - Miner Westgold Resources (ASX:WGX) has appointed Wayne Christopher Bramwell as a Non-executive Director and Independent Director of the Company.

Westgold Resources (WGX) has been given the revised assays for the high-grade intercepts at the Great Fingall Mine In a recent announcement, the gold explorer advised a down-plunge step-out hole intercepted the Great Fingall Reef However g...

Resolute Mining expects no changes to employment at the Ravenswood gold mine in Queensland after agreeing to sell the operation to EMR Capital. The gold miner has established a sale agreement with a consortium comprising a fund that is mana...

TODAY is D-day for the plan to demerge Castile Resources, which is hoping to leave the Westgold Resources nest, with the float expected to find out ...

If there’s one commodity that has started the decade well, it’s oil. Brent oil has gained 5.2 per cent this week and crude oil has gained 4.2 per cent. In contrast, some of the top performing commodities of 2019 have been slower. Copper has...

Technology company, K2fly Limited (ASX: K2F), focussed on serving the asset intensive industries announced on 18 December 2019, that Westgold Resources Limited (ASX: WGX) has signed a long term contract to utilise the existing Infoscope sof...

K2fly’s InfoScope software provides a single, spatially integrated solution to manage information relating to land access and compliance.

Investors aim to possess a diversified portfolio in order to hedge against sectoral weaknesses, which is always a threat, given the dynamic nature of businesses. A diversified portfolio, in most cases provides a cumulative return of all the...

On 6 December 2019, S&P/ASX 300 Metals & Mining index at the time of writing was trading at $4307.90. Recently, the index made its 52-week high level of $4798.70 on 24 July 2019, and since then it has declined by ~10%. However, with...

04 Dec 2019 - Westgold Resources (ASX:WGX) has completed its demerger of Castile Resources.

The company is selling its 20% interest in the Peak Hill Joint Venture to Westgold Resources subsidiary Aragon Resources Pty Ltd.

Westgold Resources is set to acquire an interest in the Peak Hill joint venture (JV) from Fe subsidiary Jackson Minerals. The proposed acquisition targets a 20 per cent interest held by Jackson in tenements E52/1671 and E52/1659 in the west...

Consulting Systems Integrator, K2fly Limited (ASX: K2F), based in Australia, has had a momentous year to date. The company continued to derive revenue from multiple channels including software licencing, consulting, support and configuratio...

Australian based resource Explorer, Blina Minerals NL (ASX: BDI) has recently released an update on the Barkly Gold-Copper Project, situated in the Northern Territory, Australia. The company notified that a Reverse Circulation (RC) explorat...

Quarterly reporting allows investors and market participants to have strong case for the prediction or estimates. Moreover, the quarterly reporting allows market participants to have earnings visibility for the foreseeable future. It provid...

WestGold Resources Limited (ASX: WGX) gold output for the September 2019 quarter stood at 57,472 ounces at a C1 or a cash cost of $1,173 per ounce and an all-in sustaining cost (AISC) of $1,410 per ounce. The gold output for the group re...

‘Nobody grows up wanting to be a gold analyst,’ said a friend to me recently. And that’s the truth. I most certainty did not. Through my early teenage years, I swung between wanting to be an astronomer, a journalist, and a helicopter pilot....

Westgold Resources faced further delay to recommencing its ore processing at its Meekatharra gold operations in Western Australia. The company reported continued issues with the bearing on the semi-autogenous grinding (SAG) mill at its Blue...

Westgold Resources' Meekatharra gold operations is still having trouble with the bearing on the SAG mill at its Bluebird plant, and now a completely ...

Westgold Resources Limited (ASX: WGX) advises that due to continued issue with the bearing on the SAG mill at its Bluebird Plant at its Meekatharra Gold Operations (MGO) recommencement of the ore processing is yet to occur. A whole new bear...

Westgold Resources Limited (ASX: WGX) has reported that a routine processing plant maintenance has discovered issues with the white metal bearings on the SAG mill at the Meekatharra Gold Operations. Further issues encountered while fixing...

Westgold Resources Limited (ASX: WGX) has completed its annual Mineral Resources and Ore Reserve estimates (as at 30 June 2019) and it is basically unchanged (by -1%) despite annual mining depletion and divestment of its Higginsville Gold O...

Technology company, K2fly Limited (ASX: K2F) is a consulting systems integrator catering to solving problems for businesses operating in complex asset intensive industries (Mining, Oil & Gas, Rail, Facilities Management, Water, Electric...

PETER Cook is set to transition from managing director to executive chairman of Westgold Resources, and will step back in a non-executive role next ...

02 Oct 2019 - Westgold Resources (ASX:WGX) is set to make changes to its Board with Peter Newton planning to retire from his Non-Executive Chairman role.

RNC Minerals has recovered an estimated 1750 ounces of coarse gold from 274 kilograms of rock at the Beta Hunt mine in Western Australia. At current Australian dollar prices, the gold find has an estimated value of $3.9 million. The discove...

Westgold Resources has furthered its relationship with Sodexo to include a fourth mine site, increasing the contract value between the companies to $40 million. The most recent contract involves Westgold’s Big Bell site, located north-west...

 Gold Spot (XAU/USD) at the time writing traded at US$1542.42 (August 29, 2019 15:12 (UTC+10)), which is around a strong resistance zone ranging from US$1563.55 and US$1543.25. If this resistance zone is broken, the Gold Spot price will wit...