Westgold Resources Limited

Westgold Resources Limited

Mining

Perth, Western Australia 35,674 followers

ASX: WGX / OTCQX: WGXRF - Westgold Resources Limited is a dynamic West Australian gold producer.

About us

Westgold Resources Limited [ASX: WGX] is a progressive and responsible Western Australian gold miner. Gold is forever and our purpose is to create inter-generational wealth for our shareholders, employees, stakeholders and the communities we work within. We own and operate 4 large underground mines and three processing hubs and have dedicated workforce of >1400 people. Interested in joining our team? The journey starts here - www.westgold.com.au

Industry
Mining
Company size
1,001-5,000 employees
Headquarters
Perth, Western Australia
Type
Public Company
Founded
2016
Specialties
gold, underground mining, mineral processing, exploration, logistics, drilling, and business development

Locations

Employees at Westgold Resources Limited

Updates

  • Over the past year, we have made big strides towards becoming a more sustainable and responsible gold miner. From lowering greenhouse gas emissions, to strengthening our safety culture and supporting the communities we operate in, the journey towards a more responsible mining future is well underway! Check out the key highlights in the carousel, and explore our Sustainability Report here: https://lnkd.in/g5iPG9Fc

  • $1.4B merger lifts Westgold into ASX 200 Westgold Resources Limited (ASX: WGX / ASX:TSX / OTCQX: WGXRF - Westgold or the Company) is pleased to report results for the period ending 30 September 2024 (Q1 FY25).   Westgold Managing Director and CEO Wayne Bramwell commented:   “Q1 FY25 represents both a transformational and a transitional period for Westgold. On 1 August Westgold completed a $1.4B merger with Karora Resources that has transformed Westgold into a 400,000+ ozpa, top five Australian gold producer. On 6 August we commenced trading on the Toronto Stock Exchange and in September, Westgold joined the ranks of S&P’s ASX 200.   Six quarters of disciplined and sustained cash-build from our Murchison operations delivered free cash and drove the value in Westgold’s scrip that allowed us to complete the merger without a capital raise or debt draw down debt. Importantly, at the end of the quarter, Westgold remained unhedged and debt free, with its $100M Revolving Corporate Facility undrawn.”   #westgold #deliveringvalue #goldproducer Q1 FY25 Investor Update and Webcast https://lnkd.in/gKd3XAd4 September 2024 Quarterly Results https://lnkd.in/g9NN64YV

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  • Westgold on track to meet FY25 Guidance with ramp-up back-ended in H2   Westgold Resources Limited (ASX/TSX: WGX, OTCQX: WGXRF – Westgold or the Company) produced a record 77,369 ounces of gold from its expanded portfolio, achieving an average sale price of $3,723/oz.   Westgold Managing Director and CEO Wayne Bramwell commented:   “In August Westgold successfully completed a $1.4B merger that created a top 5 ASX and top 10 TSX listed gold producer and propelled the company into the ranks of the ASX200. Q1 FY25 delivered our highest quarterly gold production yet, with the results only reflecting two months’ production from our Southern Goldfields operations.   Westgold remains on-track to achieve our stated full-year production guidance, with production back-ended in the second half of the financial year as Bluebird South-Junction expands to the 1.2Mtpa run rate, Beta Hunt reaches expected run rate of >2Mtpa and mining commences at Great Fingall.   We look forward to delivering more quarterly production records and cash-build as we optimise, then expand our extended portfolio of assets in two of Australia’s most prolific gold-producing regions.” Link to full announcement: https://lnkd.in/gn6Skc_g #westgold #thenextphase #growth #gold

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  • Today we transformed our Perth office kitchen into an exercise bike hub with four high-quality spin-bikes set up for a 24 hour charity cycle-a-thon to raise money for the Harry Perkins Institute of Cancer Research. We have dozens of volunteers cycling at various times until mid-day on Friday including Robbo, Karen, Matt and Brett - get yer motor runnin' team! #givingback #haveago #teamwork #westgold #cancer200 Video - Matt and Brett kick things off. https://lnkd.in/gSi2Abms

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  • The #StrongMindsStrongMines team is back at our Bluebird operations this week wrapping up what has been an incredible eight-month journey at Westgold, supporting our teams and their commitment to mental wellbeing and resilience. SMSM's wellness program provides awareness into the physical and mental health problems that can affect people working in remote environments, offering a relatable approach to what can be a difficult subject to address. Matthew Pilbeam, Westgold's Chief Health and Sustainability Officer said it was the primary health and wellbeing initiative for the company in 2024. “The program encompasses the key elements of engagement, focus and commitment to enhance a mentally healthy workforce, and it's been great to see the positive response from our site-based teams,” said Matthew. #mentalhealthawareness #workplacewellbeing #resilience #westgold

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  • View organization page for Westgold Resources Limited, graphic

    35,674 followers

    In this upcoming webcast, our Managing Director and CEO Wayne Bramwell will join us live from our Beta Hunt gold mine. September was a busy month so there's lots to unpack including the Fletcher Exploration Target, mining at South Junction, and uncovering high grade gold at Western Flanks. Our FY25 Production Guidance, Mineral Resource Estimates and how these milestones shape Westgold's future will also be discussed. Be sure to register and hear the latest news about Westgold. Register here: https://bit.ly/4gRWDGX

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