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New Westgold Resources entity sets sail after final court approval
The new “Westgold Resources 3.0” entity will finally set sail after securing a final nod of approval overnight from the Ontario Superior...

Sheena Francis
Jul 26, 2024


Karora shareholders give big nod to Westgold merger
Westgold Resources (ASX: WGX) is on the cusp of completing its planned merger with Karora Resources (TSX: KRR) after the latter’s...

Sheena Francis
Jul 22, 2024


Westgold, Karora merger draws closer after FIRB approval
Westgold Resources (ASX:WGX) has ticked another vital box in its bid to merge with Canadian-listed Karora Resources (TSX:KRR) after...

Sheena Francis
Jul 19, 2024


Second proxy advisor backs Westgold Resources, Karora merger
Momentum has built further behind Westgold Resources’ (ASX: WGX) bid to merge with fellow gold hunter Karora Resources (TSX: KRR) after...

Sheena Francis
Jul 15, 2024


Karora Resources shareholders urged to stamp Westgold Resources merger
Westgold Resources’ (ASX: WGX) plans to merge with TSX-listed Karora Resources (TSX: KRR) have received a major boost with United...

Sheena Francis
Jul 10, 2024


Westgold Resources cash pile surges $16 million on strong quarter
Westgold Resources (ASX: WGX) has delivered its second shareholder dividend for the financial year after reporting a stellar fourth...

Sheena Francis
Jul 4, 2024


Bluebird spreading golden wings on Westgold Resources drilling
Westgold Resources (ASX: WGX) says its Bluebird-South Junction gold system in Western Australia’s Murchison region is continuing to grow...

Sheena Francis
Jul 2, 2024


Westgold Resources, Karora Resources set to dance up WA gold storm
Westgold Resources (ASX: WGX) has taken a step forward in its planned merger with Canadian-listed dance partner Karora Resources (TSX:...

Sheena Francis
Jun 25, 2024


Westgold Resources bumps up Starlight gold resource by 41 per cent
Westgold Resources (ASX: WGX) has expanded the mineral resource for its underground Starlight mine by 41 per cent, bumping it up to...

Sheena Francis
Jun 11, 2024


Westgold Resources tops up with a quarter of a million gold ounces
Westgold Resources has entered an ore purchase agreement with Ore Gold for 240,000 ounces of gold at the Crown Prince deposit in WA. Credit: File. Westgold Resources (ASX: WGX) has topped up its coffers with 240,000 ounces of gold by entering a binding agreement with Ora Gold to purchase the ore at the Crown Prince deposit near the Western Australian town of Meekatharra for $6 million. The deposit is set for a mineral resource update in September as preliminary project develo

Andrew Duffy
May 31, 2024


Relentless: Westgold Resources goes for more Murchison gold
Westgold Resources has kicked off a resource definition campaign at its Bluebird-South Junction mine. Credit: File After the recent release of a serious resource upgrade at its Bluebird-South Junction mine in Western Australia, Westgold Resources (ASX: WGX) has moved quickly to extend the site’s gold mineralisation with a resource definition campaign. Just last month, the company increased the Murchison operation’s resource to 827,000 ounces – a significant lift of 134 per ce
Michael Philipps
May 14, 2024


Westgold Resources eyes production with 547g/t Mid West gold hit
Westgold Resources has hit visible gold at 204m at its Fingall Flats target in WA’s Mid West region. Credit: File Westgold Resources (ASX: WGX) as its sights set on production at its Great Fingall project in Western Australia’s Mid West region as soon as next financial year after a 3.03m hit at a “spectacular” 547 grams per tonne gold from 205m at its Fingall Flats target. Importantly, the latest high-grade results extend the Fingall Flats lodes below its previously interpret
Michael Philipps
May 6, 2024


When, oh when, will my gold stocks get taken over?
I remember starting life as a young futures broker and listening to a passionate sermon from a seasoned investor who was “long” on gold and fervently trying to convince me that a rally for the precious yellow metal was imminent. Gold was circa just US$300 (AU$453) per ounce at the time. Fast forward close to 25 years and I find myself on the other end of the phone preaching the same thematic to anyone who will listen – even though the US dollar gold price is now hauling in mo
Davide Bosio
May 6, 2024


Westgold Resources builds $247m stash as gold price runs riot
Westgold Resources’ Tuckabianna processing plant. Credit: File Westgold Resources (ASX: WGX) has recorded its fifth consecutive quarter of cash build after lifting its past closing balance by $9 million to end the March period with $247 million worth of cash and bullion in the kitty. According to its March quarterly report, the Mid West miner sold 47,035 gold ounces during the three-month period at a price of $3137 per ounce to generate $148 million in revenue. The positive f
Michael Philipps
Apr 24, 2024


Westgold Resources pumps up WA gold ounces in Murchison region
Drill-core from Westgold Resources’ South Junction deposit in WA’s Murchison region. Credit: File Westgold Resources (ASX: WGX) has pumped up the gold volume at its Bluebird-South Junction project in Western Australia’s Murchison region, updating its resource to 827,000 ounces – an increase of 134 per cent, or 474,000 ounces. Management has today confirmed that its updated resource for Bluebird-South Junction now totals 6.4 million tonnes at 3.1 grams per tonne gold for the 8

Craig Nolan
Apr 16, 2024


Westgold Resources-Karora Resources merger to produce 400k ounces of gold a year
Westgold Resources Murchison operations located in WA Credit: File Westgold Resources (ASX: WGX) and Karora Resources (TSX: KRR) have agreed to merge under Westgold’s banner, with the merged entity potentially producing a whopping 400,000 ounces of gold per year from a combined 13 million ounce resource and more than 3 million ounce reserve. Westgold proposes to dual list on the Australian and Canadian stock exchanges with a view to receiving a significant re-rating by the ma

Craig Nolan
Apr 9, 2024


More high-grade gold hits for Westgold Resources at Bryah
Westgold Resources’ Nightfall gold lode will be mined from the top down and bottom up. Credit: File Westgold Resources has revealed a suite of new high-grade gold drill hits from its Bryah operations near Meekatharra in Western Australia, extending its mineralisation envelope north from the main orebody. At a time when gold prices are surging globally to all-time highs, the company’s latest results show as much as 16.39m at 7.05 grams per tonne from 272m, 9.65m at 10.37g/t fr

Andrew Duffy
Mar 14, 2024


Westgold continues cash climb with $146m half-yearly EBITDA
Westgold Resources’ Bluebird plant-site is just south of Meekatharra Credit: File Westgold Resources has continued to pile up the cash, revealing some impressive financial metrics in its half-yearly report, including an EBITDA of $146 million – a jump of 132 per cent from last year’s corresponding period. The company this week reported record revenue of $363 million, up 15 per cent, as it celebrated its fourth consecutive quarter of positive cash flow on the back of strong go

Doug Bright
Mar 1, 2024


Westgold primed for Mid West gold exploration blitz
Westgold Resources is expanding its exploration campaign across its Mid West and Murchison assets, with 12 rigs operating on site this...

Sheena Francis
Jan 31, 2024


Westgold Resources eyes expansion at Mid West underground gold mine
Westgold Resources has recorded impressive hits from drilling at its Bluebird underground gold mine. Credit: File Westgold Resources says the latest exploration results at its Bluebird underground gold mine near Meekatharra in WA’s Mid West region warrant the expansion of the operation including a third decline. Management believes developing an additional decline could potentially increase steady-state underground production at Bluebird and South Junction up to about 750,000
Michael Philipps
Jan 25, 2024
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