Westgold Resources Forecasts Steady Gold Production Growth Through Fiscal 2028

MT Newswires Live

Jun 11

Westgold Resources (ASX:WGX) expects a steady production increase over the next three fiscal years, with fiscal 2026 output guided at 345,000 to 385,000 ounces of gold at an all-in sustaining cost of AU$2,600 to AU$2,900 per ounce, excluding ore purchase agreement, according to an Australian bourse filing on Wednesday after market hours.

The production is expected to increase to 420,000 ounces in fiscal 2027 and 470,000 ounces in fiscal 2028, per the filing.

The company held a debt-free balance sheet with around AU$1.5 billion in available liquidity, the filing added.

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