GOLD WRAP: Goldminers Westgold Resources and Bellevue are both hopeful of a positive FY26, on the back of dealing with different challenges over the past 12 months.
A subsidiary of gold miner Westgold Resources has been fined for the second time in 16 months over workplace safety incidents, with the latest fine being one of the largest ever handed down.
Today's board moves wrap includes Bruce McFadzean, Dongjoo Kim, Brian Talbot, Stuart Pether, Andrew Haythorpe, Wayne Bramwell, Darren Holden, Jonathan Murray, Andrew Umbers, Chris Eger, Terry Holohan, Dave Jackson, Imants Kins, Dennis Wilkins and more.
Goldminer Westgold has conceded it won't hit the 400,000-ounce production target it set following last year's merger with Karora Resources, revising its guidance downward.
Westgold Resources is confident its production output will increase in the second half of the financial year, following a strong market reaction to its first half production figures.
GOLD WRAP: Westgold Resources boss Wayne Bramwell says the gold miner is in an ideal position, while Catalyst Metals also achieves higher production during the December 2024 quarter.
Westgold Resources has made a solid start following its merger with Canada-based Karora Resources, producing a record 77,369 ounces of gold during the September 2024 quarter.
Mid-tier goldminer Westgold Resources has released a maiden ore reserve for its South Junction project, within the broader Bluebird-South Junction complex near Meekatharra.
Remarks by Wayne Bramwell to Business News this time last year have proved somewhat prophetic, considering recent events in the Western Australian gold sector.
Newly merged Westgold Resources and Karora Resources have lauded the timing of their deal to create a consolidated gold miner, after tying a ribbon on their transaction today.
Westgold Resources has moved another step closer to its deal for Karora Resources, with the Canada-listed company's shareholders voting in favour of the transaction over the weekend.
Westgold Resources has trumpeted the growth potential of its impending merger with Karora Resources, after maximising the value of its gold last financial year.
Westgold Resources has backed its move for Karora Resources, with the pair working towards finalising the deal by the end of July despite a rival's request for Takeovers Panel intervention.
Reduced production throughout the March 2024 quarter has resulted in Westgold Resources revising its annual production guidance for the 2024 financial year.
Westgold Resources has announced it will merge with Toronto-listed Karora Resources, resulting in a market capitalisation value of approximately $2.2 billion.
Less than a week after confirming it would not pursue a merger with Toronto-listed Karora Resources, gold producer Ramelius Resources has recorded its highest ever quarterly production.
Westgold Resources has ridden the wave of a higher achieved gold price during the first half of the 2024 financial year, recording a net profit after tax of $43.78 million, up from a $11.14 million loss during the prior corresponding period.
Westgold Resources has revealed it is being prosecuted over a mine site fatality after Byrnecut, Northern Star Resources and Billabong Gold were fined more than $2 million.
Westgold Resources has flicked the switch on its first hybrid power facility while also securing the green light to restart its historic gold mine in the Mid West.
Mid-tier goldminers Westgold Resources and Red 5 have both hit expected production targets after grappling with labour shortages and cost pressures during the period.
Westgold Resources has exited the takeover contest for Musgrave Minerals after announcing it didn't intend to improve its $177 million merger proposal following Ramelius Resources' offer.
Our board moves wrap includes Hannah Badenach, Thomas Abraham-James, Wayne Bramwell, Michelle Woolhouse, Eldon Wan, Kee Kong Loh, Strati Gregoriadis, David Pass, Phil Hearse, Andrew Rutherford, Michael Rennie, Lesa Francis, Mladen Stevanovic, and Milos Bosnjakovic.
Westgold Resources has braced investors for a hefty write-down across several assets ahead of its full-year results this week, mirroring a similar update by fellow mid-tier Ramelius Resources.
Deep Yellow chief executive John Borshoff says it will be full steam ahead at the newly-merged WA business on the back of the latest spell of uranium interest.
Westgold Resources has proposed to develop a third mine in WA following its failed attempt to acquire Gascoyne Resources' Dalgaranga operation in the Mid West.
Westgold Resources has sought to withdraw its $120 million takeover proposal for Gascoyne Resources after a conflicting merger was approved by the Supreme Court of WA.
