News about Westgold Resources

Westgold Resources (ASX: WGX) reported Q1 FY27 results for the quarter ending 30 September 2026, with gold production of 98.4koz at an AISC of A$2,912/oz and no lost time injuries, while LTIFR fell to 1.17 per million hours worked. Mine operating cash flow reached A$292M and the underlying Treasury build was A$251M, lifting cash, bullion and liquid investments to A$1,040M; the company remains debt free and fully unhedged. Group Ore Reserves rose 41% to 4.1Moz, and the company remains on track for FY27 guidance of 385–425koz at an AISC of A$2,980–A$3,380/oz. During the quarter it bought back A$22M of shares under a A$50M FY27 on-market buy-back, and introduced a policy with a minimum annual return of 3 cents per share.