Westgold Resources (ASX: WGX) — Company Overview, News & Financial Data
Westgold Resources is an Australian gold producer and explorer with multiple mines and projects in Western Australia.
Westgold Resources
Westgold Resources is an Australian gold exploration and production company operating underground and open-pit mining assets in Western Australia. The company manages gold extraction and ore processing facilities across landholdings spanning over 2,500 square kilometres in the Murchison and Southern Goldfields regions. Its primary operations are supported by four processing hubs that convert mined ore into gold bullion. Westgold Resources focuses on organic resource expansion, underground mine development, and long-term bullion production to support its regional mining operations.
Snapshot
Products and/or services of Westgold Resources
- Gold Production and Milling: Open-pit and underground mining operations integrated with primary mineral processing facilities to produce gold bullion, serving as the primary source of revenue from operations in Western Australia.
- Murchison Gold Operations: Open-pit and underground gold mining across extensive landholdings in the Murchison region of Western Australia, leveraging dedicated regional processing plants to treat mined ore and extract gold bullion.
- Southern Goldfields Operations: Underground and surface gold mining activities centered in the Southern Goldfields region of Western Australia, feeding ore into centralized processing hubs for extraction and refining into commercial gold bars.
- Ore Processing Hubs: Operation of four centralized processing facilities equipped with grinding mills and leaching circuits, designed to process high-tonnage gold ore sourced from surrounding underground and open-pit operations across Western Australia.
- Mineral Exploration and Resource Expansion: Exploration drilling programs across a 2,500 square kilometre tenure aimed at identifying new mineralized zones, expanding existing ore reserves, and extending mine lifespans across Western Australia.
- Underground Mine Development: Engineering, decline development, stoping, and subterranean ground support services necessary to establish and maintain access to high-grade underground gold deposits across Western Australian operational centres.
Westgold Resources executive team
- Wayne Christopher BramwellCEO, MD & Executive Director
- Su Hau HengChief Financial Officer
- Aaron R. RankineChief Operating Officer
- Melissa WrenGM of People
- Simon B. Rigby B. AppChief Growth Officer
- Leigh DevlinGeneral Manager of LoM Planning and Studies
Latest news about Westgold Resources
Westgold Resources builds cash reserve to $1.04B
AustraliaWestgold Resources targets 510koz gold output by FY29
AustraliaWestgold Resources posts $2.44B FY26 revenue on gold
AustraliaWestgold Resources beats annual guidance with 387,354 ounces
AustraliaGreat Boulder Resources launches Peak Hill drilling program
AustraliaWestgold completes Chalice Gold Project divestment for $23.6M
Australia
Recent announcements
What Westgold Resources (WGX) has told the market, newest first.
- Notification of cessation of securities - WGX
- Update - Notification of buy-back - WGX
- Update - Notification of buy-back - WGX
- Change in substantial holding
Dividend history
Dividends per share paid by Westgold Resources, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2026 | — | A$0.1000 | — | A$0.1000 |
| FY2025 | — | A$0.0300 | — | A$0.0300 |
| FY2024 | A$0.0100 | A$0.0125 | — | A$0.0225 |
| FY2021 | — | A$0.0200 | — | A$0.0200 |
Key financials
Reported results for Westgold Resources, in AUD.
- Market cap
- 5.5B
- Revenue (TTM)
- 2.4B
- P/E ratio
- 12.5
- EPS (diluted, TTM)
- 0.5
- Dividend yield
- 2.0%
- Profit margin
- 18.2%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 2.4B | 766.8M | 443.5M | |
| 1.4B | 227.2M | 34.8M | |
| 716.5M | 129.4M | 95.2M | |
| 654.4M | 7.9M | 10M |