Westgold Resources (ASX | TSX: WGX )
Announced it has entered into a binding Asset and Sale Agreement and Royalty Agreement with Great Boulder Resources Limited (ASX: GBR) for the divestment of the Peak Hill Gold Projec, located near Fortnum in Western Australia. Continue reading
Tag Archives: Westgold
Mining Review 15th March 2026
Mining Review 15th March 2026
Westgold posted record half-year results.
G Mining Ventures increased its gold reserves by 221% to 6.52 million ounces. Continue reading
Westgold Post Record Half-Year Results
Westgold (ASX / TSX: WGX)
Posted Record half-year results with record production.
The high gold price enabled the company to declare record revenue of A$1.238 billion. Continue reading
Westgold Doubles Cashbuild to A$365 m with Record Gold Production
Westgold Resources (ASX | TSX: WGX)
Reported record results for the period ending 31 December 2025 (Q2 FY26), with record gold production, higher volume third-party ore purchase, and a record achieved gold price effectively doubling the underlying cash build compared to Q1 FY26. Continue reading
Mining Review 21st December 2025
Mining Review 21st December 2025
The big news of the week was Equinox Gold’s Brazilian asset sale to reduce debt.
Great Boulder, Ora Banda Mining, and Pacgold all announced exploration successes. Continue reading
Westgold Sells Mt. Henry to Alicanto Minerals
Westgold Resources (ASX / TSX: WGX)
Announced that it has agreed to sell the Mt Henry Gold Project to Alicanto Minerals for an upfront consideration of $15 million cash and ~357.1 million shares, plus $30m in performance-based contingent payments. Continue reading
Westgold to Spin-Out Non-Core Assets to Valiant
Westgold Resources (ASX | TSX: WGX)
Confirmed that, subject to approval from the Australian Securities Exchange (ASX), it is proceeding with the demerger and an initial public offering of its non-core Reedy’s and Comet assets (Demerger Assets) in the Murchison region of Western Australia to Valiant Gold Limited (Valiant). Continue reading
Westgold Resumes Mining at Great Fingall
Westgold Resources (ASX | TSX: WGX)
Has successfully fired the first high-grade stope at its iconic Great Fingall Mine – now accessing virgin areas of the famous gold reef last mined more than a century ago.
Located near the town of Cue in Western Australia, the Great Fingall mine produced an astonishing 1.2Moz of gold between 1891 and 1918. Continue reading
Murchison Gold Becomes Australia’s Newest Gold Producer
New Murchison Gold (ASX: NMG)
Announced that the first gold bearing ore has been crushed, assayed, and stockpiled at Crown Prince Gold Mine.
The first 10kt parcel of product is being trucked to Westgold Resources’ Bluebird gold processing facility 36km by road. Continue reading
Mining Review 7th September 2025
Mining Review 7th September 2025
G Mining Ventures received the final permit for the Oko West project in Guyana.
Westgold issued an updated MRE and Ore reserve calculation, and New Murchison Gold reported some high-grade exploration hits. Continue reading
Westgold 2025 Mineral Resources Estimate and Ore Reserves
Westgold Resources (ASX / TSX: WGX)
Westgold or the Company) is pleased to provide its updated Mineral Resource Estimate and Ore Reserve Statement calculated as at 30 June 2025.
With current milling capacity of 5.7 Mtpa, Westgold has an estimated Reserve life of approximately 10 years. Continue reading
Mining Review 29th June 2025
Mining Review 29th June 2025
Westgold doubled the resource at Beta Hunt, in Western Australia.
West Red Lake Gold Mines published an update on progress as mining ramps up at their Madsen Gold mine. Continue reading
Westgold Doubles Beta Hunt Gold Resource
Westgold (ASX / TSX: WGX)
Announced a maiden Mineral Resource for the Fletcher Zone of 2.3 million ounces of gold.
This doubles the current resource at Beta Hunt, declared in 2024. Continue reading
Westgold Response to Media Speculation
Westgold (WGX: ASX / TSX)
Has responded to media speculation regarding potential corporate activity in the Murchison region of Western Australia. Continue reading
Westgold Report Results For The Period Ending 31 March 2025
Westgold Resources (ASX | TSX: WGX)
Reported record results for the period ending 31 March 2025 (Q3 FY25).
Gold production in Q3 FY25 of 80,107oz Au @ AISC of A$2,829/oz, consistent with the Q2 FY25 production of 80,886oz Au @ A$2,703/oz Gold sales of 78,398oz at an average price of A$4,630/oz, generating revenue of A$363M.
Mining Review 23rd February 2025
Mining Review 23rd February 2025
Calibre Mining announced record gold production and looked forward to commencing production at their Valentine mine this year.
Westgold issued a drilling update for the Beta Hunt mine in Western Australia. Continue reading
Westgold Issues Beta Hunt Drilling Update
Westgold Resources (ASX | TSX: WGX)
Provided an update on resource development drilling activities at the Beta Hunt mine at Kambalda, Western Australia.
This includes further results from Westgold’s inaugural drilling program at the Fletcher Zone and details of planned drilling of the potential southern extension of Fletcher (the Mason Zone target). Continue reading
Mining Review 26th January 2025
Mining Review 26th January 2025
Westgold increased production in Q2 2025.
Gold Road Resources, West Red Lake Gold Mines, and Wesdome made positive news announcements Continue reading
Westgold Production lifts again in Q2, FY25
Westgold Resources (ASX / TSX: WGX )
Reported results for the period ending 31 December 2024 (Q2 FY25).
Westgold had record gold production in Q2 FY25 of 80,886oz Au @ AISC of A$2,703/oz with increased net mine cashflow of $45M funding the Company’s operational and growth capital requirements. Continue reading
Mining Review 19th January 2025
Mining Review 19th January 2025
Orla Mining announced results that beat the improved guidance for the year by 19%.
Westgold is set to increase production in Q1. Meeka Metals announced a high-grade gold dicovery at Turnberry, Murchison.