June 2025 Quarterly Results
| Stock | Westgold Resources Ltd (WGX.ASX) |
|---|---|
| Release Time | 23 Jul 2025, 8:22 a.m. |
| Price Sensitive | Yes |
Westgold Delivers Record Q4 FY25 Production and Cash Build
- Record quarterly gold production of 88,022oz at AISC of $2,688/oz
- Record annual gold production of 326,384oz at AISC of $2,666/oz
- $132M increase in cash, bullion and liquid investments to $364M
Westgold Resources Limited (ASX | TSX: WGX) reported results for the quarter ending 30 June 2025 (Q4 FY25), delivering record quarterly gold production of 88,022oz at an AISC of $2,688/oz. The company also achieved a full year production record of 326,384oz at an AISC of $2,666/oz, marginally outside its FY25 guidance range. The strong operational performance, combined with an increase in the realised gold price to $5,174/oz, resulted in a $132M build in cash, bullion and liquid investments to $364M at the end of the quarter. Key highlights include: - Record quarterly gold production of 88,022oz, up from 80,107oz in Q3 FY25- Record annual gold production of 326,384oz, marginally outside FY25 guidance of 330-350koz- AISC of $2,688/oz in Q4 FY25, down from $2,829/oz in Q3 FY25- $132M increase in cash, bullion and liquid investments to $364M- $9M invested in exploration, focusing on Bluebird-South Junction, Starlight, and the Fletcher Zone at Beta HuntThe company's Murchison operations delivered 54,811oz of gold, while the Southern Goldfields produced 33,211oz. Westgold will provide its FY26 guidance in August and a 3-year outlook in September, following an update to its Mineral Resources and Ore Reserves.
Westgold will provide its FY26 guidance in August and a 3-year outlook in September, following an update to its Mineral Resources and Ore Reserves.