Articles On Westgold Resources (ASX:WGX)

In a recent development within the gold sector, Westgold Resources (ASX:WGX) has announced its acquisition of Kinora Resources, merely 11 days after Ramelius Resources (ASX:RMS) abandoned its pursuit of the Canadian-based Australian gold co...

08 Apr 2024 - In a recent development within the gold sector, Westgold Resources (ASX:WGX) has announced its acquisition of Kinora Resources, merely 11 days after Ramelius Resource…

Australian gold producer Westgold Resources (ASX: WGX) is set to merge with Canadian-based Karora Resources to create a 400,000-plus ounce per annum mining company with a market capitalisation of $2.2 billion. Under the terms of the merger,...

Karora Resources has moved on quick after deal talks broke down with Ramelius Resources, finding another WA mid-tier suitor in Westgold Resources.

Capricorn Metals [ASX:CMM]  shares are down by -5.56% today, trading at $5.18 per share as the company disappointed investors with its latest quarterly update. The gold explorer joined the ranks of several other mid-tier miners who faced...

The ASX200 closed the day down nearly 1 and a half per cent. All sectors finished in the red, aside from energy and utilities with the latter showing only a marginal gain of .2 of a per cent. IT had a particularly rough day and sunk n...

The ASX continued its slide in afternoon trading, led lower by the interest rate sensitive sectors Property and Tech. Property closed down 3.3 per cent and Tech closed down 3.95 per cent as names like Xero (ASX:XRO) and Wisetech (ASX:WTC) t...

03 Apr 2024 - Wet weather across much of WA in the first three months of the year has forced Westgold Resources (ASX:WGX) to cut its full year financial year 2024 production guidan…

It has been a difficult session for the S&P/ASX 200 Index (ASX: XJO). In afternoon trade, the benchmark index has followed Wall Street's lead and dropped deep into the red. At the time of writing, the benchmark index is down 1.3% to...

Wet weather across much of WA in the first three months of the year has forced Westgold Resources (ASX:WGX) to cut its full year financial year 2024 production guidance by more than 10 per cent until it sorts out the impacts on mining and o...

Two of WA’s mid-tier gold mining mainstays tabled quarterly updates on Wednesday, eliciting very different reactions from the market.

There’s much talk about how overbought the global markets are looking with each passing day. The major market indices are setting new records, including our very own ASX All Ordinaries [ASX:XAO], which is also breaking into all-time new hig...

Finally, gold is having its day in the sun after months of anticipation and false starts. But as is the case with most commodity rallies, there’s more to it than meets the eye and not all investors will revel in the spoils. In Aussie dollar...

The market remains sceptical of the rally in gold. As the gold price heads into record territory, many gold stocks have lagged behind. A few have been running pretty hard, with Australian based Ramelius Resources [ASX:RMS], Westgold Resour...

  US markets bounced back after three consecutive losing sessions & extended their first quarter advance. The S&P 500 closed at a new record high finishing the day up 0.86 per cent at 5,248. The Dow Jones closed up 1.2 per cent and...

US markets bounced back after three consecutive losing sessions & extended their first quarter advance. The S&P 500 closed at a new record high finishing the day up 0.86 per cent at 5,248. The Dow Jones closed up 1.2 per cent and th...

Gold hit a US ATH, then dipped a tad, but not by much. In fact, it’s doing pretty well on the whole… … It’s less volatile than Bitcoin, anyway, which is a good or bad thing depending on outlook Speaking of which, RBC has some fairly cautio...

Gold has pulled back from very recent highs after the latest ‘sticky’ US inflation figures But… the price action in general looks pretty solid from where we’re sitting, and so does the TA Leading ASX goldies this week include: BMR, BMO, GS...

Westgold Resources has revealed a suite of new high-grade gold drill hits from its Bryah operations near Meekatharra in Western Australia, extending its mineralisation envelope north from the main orebody.

Gold hit an all-time high this week, ending Friday in strong form The World Gold Council predicts global elections and Fed cuts could keep the precious metal elevated ASX gold stocks performing well this week included: KNB, SXG, AWJ   Wha...

  Gold stocks lift over 4% as price hits record US$2098/oz June rate cut hopes stoked major run in bullion. Argonaut lifts ASX gold price targets 3-8% Australia raises calls for critical minerals ESG premia in Canadian expedition   Search...

A turn up for the books: Nickel and coal the biggest gainers among major commodities in February Copper, lithium and graphite remain steady at low levels amid hope a bottom has been reached for battery metals Iron ore and rare earths come...

Westgold Resources has continued to pile up the cash, revealing some impressive financial metrics in its half-yearly report, including an EBITDA of $146 million – a jump of 132 per cent on last year.

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Indonesian coal dynasty and Aussie trader fly in with US$1.65 billion deal for South32’s Illawarra coal mines It will see South32 focus purely on battery, base and critical metals like copper, zinc, silver, manganese and aluminium Westgol...

Westgold Resources has reported a 15 per cent increase in revenue for the half-year ending December 31 2023 (H1 FY24). The Western Australian gold miner’s revenue during the period equalled $363 million,Read MoreAustralian Mining.

ANZ analysts believe ’emerging’ central banks could buy over 600t of gold annually until 2030  Citi isn’t totally ruling out a US$3,000 gold price in next 12-18 months US gold mining giant Newmont divests six gold mines and two other gold...

Gold recovers US$2k after weak retail sales data gets thrown into the economic soup in America Moneybags former hedge fund bloke Stanley Druckenmiller is increasing his gold exposure The week’s best performing ASX goldies include: TG1, TGM...

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 Alto Capital...

  The price of gold is in a holding pattern, threatening to dip in short term, according to Metals Focus analysis Metals Focus, like Japan’s biggest bank MUFG, however, has a more positive outlook for gold later this year Top-performing AS...

Westgold Resources has extended the life of its Big Bell underground gold mine near the town of Cue in Western Australia to 16 years after the company’s board approved an expanded new model for the operation.

Westgold Resources has approved the Big Bell mine expansion, which is part of the company’s Cue gold operation in Western Australia. The Big Bell expansion will incorporate a new long hole open stopingRead MoreAustralian Mining.

Shares in Murchison precious metal miner Westgold Resources have leaped after its board signed off on a growth project that will extend the life its Big Bell mine to 16 years.

Westgold Resources (ASX:WGX) has established a new $100 million Revolving Corporate Facility (RCF) under a secured syndicated facility agreement (SFA) executed with ING Bank (Australia) and Société Générale. The $990 million market capit...

Westgold Resources has strengthened what was an already ridiculously-strong financial position, prompting intrigue around its next move after adding $100 million in firepower courtesy of a corporate facility.

Westgold Resources (ASX:WGX) has raised eyebrows in the mid-cap mining sector with the announcement of a $100 million revolving credit facility. This news comes at a time when the company boasts $217 million in cash and liquid assets at the...

Westgold Resources has announced that a $100 million revolving corporate facility (RCF) has been established under a secured syndicated facility agreement. The gold company executed the new corporateRead MoreAustralian Mining.

We’re here for day one of the RIU Resurgence conference in Perth – it’s a resources investors event that this year has a focus on emerging uranium and lithium companies on the ASX. And looking at the market today, the ASX200 is trading r...

22 Nov 2023 - Westgold Resources (ASX:WGX) has raised eyebrows in the mid-cap mining sector with the announcement of a $100 million revolving credit facility. This news comes at a …

Westgold Resources (ASX:WGX) secures a $100 million revolving corporate facility (RCF) with ING Bank and Societe Generale The RCF offers flexibility for general corporate purposes and has a three-year term Westgold retains discretion...

Spot gold prices are up since this time last week, and ASX goldies are benefitting ANZ upgrades its gold outlook for rest of this year, and 2024  The week’s top ASX gold-related stocks led by: TG1 and CPM   First things first, let’s just...

US, Aussie spot gold prices down this week, but safe haven could soon find demand Canadian gold expert: hyperinflation contagion spreading to US The week’s top ASX goldies: North Stawell Minerals and Nagambie   It wasn’t the greatest week...

New World Gold Council report points to thriving gold industry and long-term demand Meanwhile, gold prices are still healthy but fractionally down from this time last week The week’s top ASX goldie gainers: STK, TIE, ENR   Right then, gol...

ASX lifted 1pc on Friday, up 3pc for the week Neuren, Block Inc, Lendlease, and media stocks were the best gainers FTX founder Sam Bankman-Fried found guilty on all charges   The ASX tracked Wall Street to close 1% higher today. For the w...

An additional news report on the recommendation, valuation, forecast and opinion changes and updates for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now...

New report from Metals Focus predicts AI adoption could play a big role in tech sector’s need for gold and other precious metals Gold price momentum slows but still looks technically strong, says analyst The week’s top ASX goldie gainers:...

Westgold Resources has recorded its third consecutive quarter of cash build with a strong gold price helping it add $25 million in cash, bullion and liquid assets to its books to close with $217 million.

  Whitehaven calls in Takeovers Panel in AGM stoush Westgold down despite $25 million September cash build 29Metals and Alkane also report   Annual general meetings or for brevity’s sake AGMs, as they are labelled by the type of people wh...

The S&P/ASX 200 Index (ASX: XJO) is having a subdued session on Wednesday. In afternoon trade, the benchmark index is down slightly to 6,851.6 points. Four ASX shares that are falling more than most today are listed below. Here's why...

Westgold Resources (ASX:WGX) has made quite a fuss about the commencement of work at the legendary Great Fingall mine in the WA Goldfields. This statement comes just a day before the release of the company's September quarter production and...