Westgold Resources adjusted its FY24 production forecast to 220,000-230,000 ounces, with an all-in sustaining cost of $2,100-$2,300.

The company bolstered its free cash by $9 million in the third quarter of FY24 despite operational hurdles, reaching $247 million in cash and bullion reserves.

The Western Australia-based gold miner revealed production of 52,100 ounces despite setbacks like a temporary halt at Paddy’s Flat underground mine and adverse weather conditions affecting operations.