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Westgold Resources Limited (ASX:WGX)

ALERT: Price-sensitive ASX Announcement for WGX
Current share price for WGX : $4.760 -0.44 (-8.46%)+
Announcement
Release
28 Oct 2025 8:17AM
Price at Release
$5.200
Full Release
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Summary
Westgold Resources Limited reported its September 2025 quarterly results, highlighting a group gold production of 83,937 ounces, slightly lower than the 88,022 ounces in the previous quarter due to scheduled process plant shutdowns. The achieved gold price was a record A$5,296 per ounce, generating a revenue of A$503 million. The all-in sustaining cost (AISC) for the quarter was A$2,861 per ounce, up from A$2,688 per ounce in the previous quarter. The company maintains its FY26 guidance of 345,000 to 385,000 ounces at A$2,600 to A$2,900 per ounce. Additionally, Westgold outlined a three-year outlook aiming to increase annual gold production to approximately 470,000 ounces by FY28 while reducing AISC to around A$2,500 per ounce from FY27 onwards.
Key Points
  • September 2025 quarterly gold production was 83,937 ounces.
  • Record achieved gold price of A$5,296 per ounce.
  • Quarterly revenue of A$503 million.
  • All-in sustaining cost was A$2,861 per ounce.
  • Company maintains FY26 guidance for gold production and cost.
  • Three-year outlook to increase production to 470,000 ounces by FY28.
  • Aiming to reduce AISC to A$2,500 per ounce from FY27.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.