Cue Hub Expansion to 1.7Mtpa in FY28
| Stock | Westgold Resources Ltd (WGX.ASX) |
|---|---|
| Release Time | 5 Aug 2026, 8:18 a.m. |
| Price Sensitive | Yes |
Westgold Announces Cue Hub Expansion to 1.7Mtpa in FY28
- Cue hub throughput to increase from 1.4Mtpa to 1.7Mtpa in FY28
- Expansion supported by increasing mine outputs and potential ore sources
- Indicative capital of $22M with a payback period of 10 months
- Expected to add 15kozpa to Cue once commissioned
Westgold Resources Limited announced its commitment to the Cue Expansion Plan (CXP), aiming to increase the Cue processing hub throughput from 1.4Mtpa to 1.7Mtpa in FY28. This expansion, supported by increasing underground mine outputs from Big Bell and Great Fingall, and potential ore sources, is expected to add 15kozpa to Cue. The CXP involves upgrading the mill motor power from 2.9MW to 4.2MW and associated system upgrades, with an indicative capital of $22M and a payback period of 10 months. The expansion is expected to improve NPV by ~$400M at a gold price of $5,500/oz.
Cue hub throughput to increase from 1.4Mtpa to 1.7Mtpa in FY28, adding 15kozpa with a capital cost of $22M.
The Cue Expansion Plan is expected to improve NPV by ~$400M at a gold price of $5,500/oz, with a payback period of 10 months.