About Westgold Resources Limited (ASX: WGX)
Westgold Resources Limited is an Australian gold mining company focused on the exploration, development, and operation of gold mines across Western Australia. The company conducts its activities through two regional operating areas, the Murchison and Southern Goldfields, which together span approximately 3,200 square kilometres in the state.
Both operating areas form the core of Westgold's production footprint, encompassing a substantial land position across some of Western Australia's established goldfields. The company was incorporated in 1987 and is headquartered in Perth, Australia.
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- Westgold Resources (ASX: WGX) – Westgold Files 2025 Annual ReportOctober 23, 2026Westgold Resources delivered record financial results for FY26, with gold production reaching 387,354 ounces, an 18.6% increase on the prior year’s 326,384 ounces. The result comfortably exceeded the top end of the company’s guidance and reflects disciplined execution across both the Murchison and Southern Goldfields operations. More significantly, the production growth translated into strong profit […]
- Westgold Resources (ASX: WGX) – September 2026 Quarterly Results ReportOctober 21, 2026Westgold Resources reported an underlying treasury build of A$251 million in the September 2026 quarter, driven by a realised gold price of A$6,029 per ounce and an all-in sustaining cost margin of A$3,117 per ounce. The company achieved this cash generation while investing A$111 million in growth projects and returning A$20 million to shareholders through […]
- Westgold Resources (ASX: WGX) – Beta Hunt Infrastructure Enables 2Mtpa Run RateOctober 21, 2026Westgold Resources has demonstrated that its systematic infrastructure investment at the Beta Hunt underground mine in Kambalda has paid off, with the operation hitting a 2 million tonne per annum (Mtpa) annualised mining rate in September 2026. This milestone matters because it proves the mine’s recent $33.3 million capital program has successfully removed the production […]
- Westgold Resources (ASX: WGX) – FY27 Guidance and Three-Year OutlookSeptember 9, 2026Westgold Resources has outlined a fully funded organic growth pathway that would increase Group gold production from 385 to 425 kiloounces of gold in FY27 to between 460 and 510 kiloounces by FY29, supported by capital investments totaling $450 million to $480 million in FY27 alone. The company’s updated three-year outlook prioritizes expansion across its […]
- Westgold Resources (ASX: WGX) – Westgold Delivers $122M in FY26 Shareholder ReturnsAugust 28, 2026Westgold Resources has signaled a material shift in its capital allocation approach, returning $122 million to shareholders in FY26 through a combination of dividends and buybacks. This represents a 329 percent increase from FY25 and comes as the gold producer demonstrates the cash-generation capability to simultaneously fund growth, maintain financial strength, and reward shareholders with […]
- Westgold Resources (ASX: WGX) – Westgold Reports FY26 Financial ResultsAugust 28, 2026Westgold Resources has reported a landmark financial year, with a closing treasury balance of $939 million underpinning a 10 cent fully franked dividend, four times the company’s minimum annual commitment. This result caps a year of exceptional cash generation and operational delivery that has left the Perth-based gold miner with substantial firepower for both growth […]
- Westgold Resources (ASX: WGX) – Files 2026 Annual Financial and Climate ReportAugust 28, 2026Westgold Resources delivered record annual gold production of 387,354 ounces in the year ended 30 June 2026, exceeding guidance and driving a 1,166% increase in profit after tax to $443 million. The FY26 result reflects a step change in operational performance, with the company achieving production growth of nearly 20% year-on-year while maintaining all-in sustaining […]
- Westgold Resources (ASX: WGX) – Meekatharra Expansion to 2.9Mtpa CapacityAugust 25, 2026Westgold Resources has outlined an ambitious yet capital-efficient pathway to expand its Meekatharra processing hub by 61 percent, increasing throughput from 1.8 million tonnes per annum to 2.9 million tonnes by financial year 2028. The expansion plan, supported by a scoping study released on 25 August 2026, targets approximately $100 million in capital expenditure and […]
- Westgold Resources (ASX: WGX) – 2026 Mineral Resources and Ore ReservesAugust 20, 2026Westgold Resources has delivered a significant milestone with its updated mineral resource and ore reserves statement, posting a 41% increase in ore reserves to 4.1 million ounces while maintaining impressive cost discipline at just $27 per ounce in reserve additions. This growth was achieved post-mining depletion and after adjusting for non-core asset divestments, demonstrating the […]
- Westgold Resources (ASX: WGX) – 1.1 Million Ounce Maiden Fletcher ReserveAugust 18, 2026Westgold Resources has declared a maiden Ore Reserve for the Fletcher deposit at its Beta Hunt mining complex in Western Australia, marking a significant inflection point for the emerging asset. The reserve comprises 13.5 million tonnes at 2.6 grams per tonne gold, translating to 1.1 million ounces of mineable inventory. This represents a meaningful addition […]
- Westgold Resources (ASX: WGX) – Cue Hub Expansion to 1.7Mtpa in FY28August 5, 2026Westgold Resources Limited has committed to a capital-light expansion of its Cue processing hub, increasing throughput from 1.4 million tonnes per annum to 1.7 million tonnes per annum by FY28. The expansion plan involves a $22 million investment with a payback period of just 10 months, demonstrating the operational leverage available from existing assets. The […]
- Westgold Resources (ASX: WGX) – Westgold June 2026 Quarterly ResultsJuly 22, 2026Westgold Resources has delivered a strong finish to financial year 2026, exceeding production guidance with 387,354 ounces of gold produced while maintaining cost discipline and building its strongest treasury position in company history. The achievement reflects a maturing operational strategy focused on higher-return assets and disciplined capital allocation, positioning the business well for future growth. […]
- Westgold Resources (ASX: WGX) – Corazon Completes Chalice Gold Project AcquisitionJuly 9, 2026Corazon Mining has completed its acquisition of the Chalice Gold Project from Westgold Resources, marking the third significant gold asset consolidation in Western Australia within 12 months and signaling the company’s strategic shift from early-stage explorer to an emerging gold developer. The transaction, approved by shareholders on 29 June and now closed, represents a pivotal […]
- Westgold Resources (ASX: WGX) – Westgold Acquires Peak Hill Gold ProjectMay 4, 2026Great Boulder Resources has agreed to acquire Westgold Resources’ Peak Hill Gold Project in a transaction that transforms the junior explorer from a greenfield prospect operator into a near-term gold producer with immediate access to operational milling infrastructure. This is material because access to processing capacity remains the critical bottleneck preventing most junior miners from […]
- Westgold Resources (ASX: WGX) – WGX March 2026 Quarterly ResultsApril 29, 2026Westgold Resources delivered a compelling earnings report for the March 2026 quarter, generating an underlying cash build of $285 million that lifted total treasury to $856 million, representing a quarterly increase of $202 million. This cash generation underscores a business hitting its stride operationally while maintaining fortress-like balance sheet strength with zero debt and no […]
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