Articles On Westgold Resources (ASX:WGX)

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...

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)...

Gold ($US1981/oz), silver ($US23.91/oz) continue to trade just below recent highs All top 15 stocks by market capitalisation gained between 2- 20% this week, for an average of 8% ASX gold standouts this week: Regis Resources, Ramelius Reso...

Westgold Resources has provided new details on the resource drilling program to support the pre-feasibility study (PFS) expansion plans for its Big Bell mine in WA. Key takeaways from the announcement include the project’s PFS contemplatin...

FxPro predicts US$2600/oz gold price, sparked by changes in monetary policy 6 of the top 8 gold stocks by market cap have made double digit gains so far in 2023, led by Newcrest (ASX:NCM) with 29% Our Gold Digger column wraps all the news...

The ASX 200 was up 0.23% while the ASX XEC managed a 0.092% gain 8 out of 11 sectors were higher with Materials leading the way  The Real Estate sector was the weakest, down 0.77%   The ASX 200 was up 0.23% today while the ASX XEC squeez...

The S&P/ASX 200 Index (ASX: XJO) is on form again on Wednesday. In afternoon trade, the benchmark index is up 0.15% to 7,045.3 points. Four ASX shares that are climbing more than most today are listed below. Here’s why they are risi...

Westgold Resources’ targeting and timing looks to be exquisite having hit a 50m gold intercept at its Big Bell underground mine ahead of an expanded prefeasibility study for the project expected out shortly.

Ramelius Resources reigns supreme with top gold discoveries in the last five years Newcrest Mining is close on its heels, taking out 2nd place This amateur prospector just found a gold nugget worth $240K    Our Gold Digger column wraps a...

Westgold Resources has reported “spectacular” gold intervals at its Great Fingall Cue deposit in Western Australia. New drilling at the deposit has shown the previous finding of flattening of the Great Fingall Reef is actually a hanging wa...

Al Jazeera investigation uncovers ‘money washing’ scheme using Zimbabwean gold involving senior diplomats, church leaders Zimbabwe produced a record high ~356t (12.5Moz) gold in 2022 Fast-deprecating currency makes Zimbabwe perfect breedin...

Westgold Resources is eyeing a revised mineral resource for its Great Fingall deposit near Cue in WA after recording an impressive 3.5m hit going 45.15 grams per tonne gold from 1337.5m at the operation.

While gold has shined this year, platinum group metals are well off their recent highs Metals Focus says rare PGE rhodium could be in for a rerate this year that big Used in catalytic converters, rhodium supply is in deficit and largely co...

Chinese media announced a major “50t” gold discovery over the weekend, containing metal worth “US$3 billion” In the grand scheme of things it doesn’t appear that big Christian joins Gold Digger live from France to unpack the US Fed meeting...

Gold prices threaten $3000/oz in Aussie dollar terms Fitch says they could move towards US$2075/oz record, but are likely to hit resistance Besra up after announcing US$300m funding deal for 3Moz Bau gold project in Malaysia Our Gold Digg...

‘Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director, and responsible executive at Perth-based financial services pr...

Gold prices surge 3% on bank fears, threatening US$2000/oz This week’s rate decision by the US Fed could weigh on gold after prices broke through Australian dollar record $2900/oz Ramelius down on Breaker deal, Tietto up after commissionin...

The S&P/ASX 200 Index (ASX: XJO) is tumbling today, but most S&P/ASX All Ordinaries Index (ASX: XAO) gold shares are defying the sell-off to leap higher. Gold shares shining brightly today include: Newcrest Mining Ltd (ASX: NC...

16 Mar 2023 - Westgold Resources (ASX:WGX) continues to get encouraging exploration results from its flagship Big Bell mine in WA as it ponders whether to expand downward or outwa…

Gold prices continue to rise in the fallout from the SVB and Signature Bank collapses in the US Now over US$1900/oz after near US$100/oz rally in past two days ANZ raises 2023 year-end forecast by US$100 to near record US$2000/oz Gold is...

Westgold Resources has released an operational update at its flagship Big Bell mine in WA.  Drilling efforts at the Cue mine have been conducted into a proposed expansion area, with the goal of providing data to support a final investment...

ASX weathers a US bank collapse storm to finish the day down just 0.5% XEC Emerging Companies index down 0.84% because it was out partying all weekend. The Goldies take the gongs, after the precious metal jumped more than 1.0%   Looking a...

The S&P/ASX 200 Index (ASX: XJO) has started the week in a subdued fashion. At the time of writing, the benchmark index is off its lows but down 0.2% to 7,130.1 points. Four ASX shares that are not letting that hold them back today ar...

Central banks are buying gold at record levels with holdings now at 50-year highs: Sprott Gold tends to hold its value in times of crisis Central Bank buying ‘extremely’ bullish: Goehring & Rozencwajg They say investors with no perform...

Gold defends psychologically important US$1800 level and is currently paying ~US$1840/oz Rox Resources up 66% on monster hit outside 3.2Moz Youanmi resource Miners Ramelius (+20%), Resolute (+14%) lead strong week for mining stocks Our Go...