Westgold Resources (AU:WGX) has released an update.
Westgold Resources Limited has announced a significant increase in their FY25 gold production guidance, predicting a substantial rise from 227,237 ounces in FY24 to between 400,000 and 420,000 ounces. This increase is attributed to the commencement of operations at several high-grade mines and an expected decrease in all-in sustaining costs to A$2,000 – 2,300 per ounce. The company is also focusing on integrating its Southern Goldfields assets and expanding its Murchison operations, with FY25 marked as a peak investment year to establish a sustainable future.
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