Westgold Resources (AU:WGX) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Westgold Resources has signed a gold ore purchase agreement with Zeus Mining, which could boost production at its Bluebird processing plant in Meekatharra. The deal, pending shareholder approval, involves purchasing 30,000 to 50,000 tonnes of gold ore monthly from the Crown Prince open pit operation, starting mid-2025. This strategic move is expected to enhance throughput and reduce production costs, benefiting shareholders of both companies.
For further insights into AU:WGX stock, check out TipRanks’ Stock Analysis page.