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How Did Westgold Double Its Cash Build Amid Record Gold Production?
9:12am on Wednesday 21st of January, 2026 AEDT
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How Did Westgold Double Its Cash Build Amid Record Gold Production?
9:12am on Wednesday 21st of January, 2026 AEDT
Key Points
Record quarterly gold production of 111,418 ounces, up 33% quarter-on-quarter
Underlying cash build doubled to $365 million, closing with $654 million in cash and investments
100% debt free after repaying $50 million during the quarter
Higher costs driven by increased third-party ore purchases and gold price-linked royalties
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Westgold Resources (ASX:WGX)
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