Record Operational Cash Build
Westgold generated a record operational cash build of $107 million before investing $74 million in growth and exploration.
Substantial Increase in Cash Position
The company ended the quarter with a cash bullion and liquids position of $232 million, $80 million higher than the prior quarter.
Divestment of High-Cost Lakewood Mill
Westgold divested the high-cost Lakewood Mill for a total consideration of $85 million, comprising $70 million in cash and $15 million in script.
Safety Improvements
Total injury frequency rate dropped by 8% to 6.27 injuries per million hours worked.
Strong Revenue Generation
The company generated $363 million in revenue at a realized price of $4,630 per ounce.
Positive Net Mine Cash Flow
The Southern Goldfields generated a notional $66 million in net mine cash flow after growth and exploration spend.
Maintained FY 2025 Guidance
Westgold maintained its FY 2025 guidance with expectations of increased production in Q4.