Non-Core Asset Divestment Aligns with Westgold's Strategy to Focus on Larger, Core Operating Assets Highlights Westgold has executed a binding Asset Sale Agreement with Alicanto Minerals Limited to divest the Mt Henry-Selene Gold Project near Norseman - for total consideration of $64.6M. Westgold will receive $15M cash and ~357.1M Alicanto shares post Transaction close, with $30M of deferred consideration - payable in [...]
Ore purchase agreement to provide fast track opportunity to cash flow Westgold Resources Limited , is pleased to confirm that, subject to approval from the Australian Securities Exchange , it is proceeding with the demerger and an initial public offering of its non-core Reedy's and Comet assets in the Murchison region of Western Australia to Valiant Gold Limited. Highlights Westgold non-core assets to be spun out via a [...]
Westgold Resources confirms it 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 − from just 1.9Mt of ore, notably without the benefit of modern mining [...]
Westgold Resources Limited wishes to advise pursuant to Listing Rule 3.13.2 that all resolutions presented at the Annual General Meeting of Shareholders held today were carried by a poll, other than Resolution 7 'Approval of potential benefits to Mr Wayne Bramwell in relation to Performance Rights' which was not passed. All resolutions put to the Annual General Meeting were decided by poll. In accordance with Listing Rule [...]
Westgold is an unhedged Australian ASX200 gold producer, committed to unearthing enduring value for all its stakeholders. Westgold's vision is to become Australia's leading gold company, sustaining safe, responsible and profitable production. Our current business encompasses mines and processing plants across the Murchison and Southern Goldfields, two of Western Australia's most prolific gold-producing régions. Financial [...]
Westgold Resources Limited - Westgold or the Company) advises that its registered office and principal place of business has changed to: Office Address: Level 13, 200 St Georges Terrace, Perth WA 6000 The mailing address, telephone number, email and web address remain the same and are as follows: Mailing Address: PO Box 7068, Cloisters Square WA 6850 Phone: +61 8 9462 3400 Email: perth.reception@westgold.com.au Web [...]
Westgold Resources advises that it has updated its National Instrument 43-101 - Standards of Disclosure of Mineral Projects compliant technical reports titled as follows: NI 43-101 Technical Report, Beta Hunt Operation Eastern Goldfields, Western Australia; NI 43-101 Technical Report, Higginsville Operation, Eastern Goldfields, Western Australia; NI 43-101 Technical Report, Meekatharra Gold Operations, Murchison [...]
Westgold is pleased to present its 3-Year Outlook - a high confidence plan that increases annual Group gold production from 326koz, lifts production and lowers all in sustaining cost from FY27 and delivers 470Koz from FY28. The 3YO is conservative by design and excludes several material organic growth opportunities such as the Fletcher Zone at Beta Hunt. It is underpinned by our current portfolio of operating assets and [...]
Westgold Resources will lodge its 3-Year Outlook with the ASX on Wednesday, 1 October 2025. Wayne Bramwell, Tommy Heng and Aaron Rankine will present an update via webcast on Wednesday, 1 Oct 2025 at 9:00AM AWST / 11:00AM AEST, followed by a Q&A session. To listen to the Webcast live, please click on the link below and register your details. After registering, you will receive a confirmation email containing information [...]
Westgold is pleased to provide its updated Mineral Resource Estimate and Ore Reserve Statement calculated as at 30 June 2025. Group Gold Mineral Resource Estimate and Ore Reserves At 30 June 2025 Total Measured and Indicated Resources 137 Mt at 2.09 g/t Au for 9.2 Moz of gold Total Inferred Resources 94 Mt at 2.33 g/t Au for 7.1 Moz of gold Total Ore Reserves 56 Mt at 1.93 g/t Au for 3.5 Moz of gold Highlights 24 [...]
Westgold Resources is pleased to announce the declaration of a 3 cents per share final dividend for FY25, an enhancement to its dividend policy for FY26, and an on-market share buy-back programme of up to 5% of Westgold's ordinary shares over the next 12 months. Highlights FY25 - Final dividend of 3cps declared 78% dividend payout ratio FY26 - Dividend policy enhanced Minimum dividend per share increased by 100% - to 2cps [...]
Westgold Resources is pleased to report the highlights of its financial results for the year ended 30 June 2025. FY25 Highlights Record revenue: 90% increase to $1,360M Record adjusted EBITDA1: 84% increase to $498M - generated at a competitive EBITDA margin of 36% NPAT: 63% decrease to $35M - due to one off transaction costs Underlying free cash flow: 120% increase to $224M Earnings per share: 3.85 cents per share Cash [...]
