Key points
- FY27 gold production guidance: 385-425koz at AISC of $2,980-$3,380/oz
- FY29 production target: 460-510koz with AISC of $2,640-$3,000/oz
- Capital investment: $450M-$480M for growth, $50M-$75M for exploration
- Focus on Murchison and Southern Goldfields for growth opportunities
Full summary
Westgold Resources Limited announced its FY27 guidance and updated three-year outlook, presenting a fully funded organic growth plan to increase Group gold production from 385-425koz in FY27 to 460-510koz in FY29. The plan is underpinned by increased Murchison ore availability, expansion of the Cue and Meekatharra processing hubs, and investment in Westgold's largest mines. This investment is expected to lift production, improve mill utilization, and reduce AISC to A$2,640-A$3,000/oz by FY29 on an FY27 real-cost basis. The outlook represents a deliverable base case while preserving material upside from opportunities not yet included, such as the Fletcher Zone at Beta Hunt.
Guidance
FY27 production: 385-425koz, FY29 production: 460-510koz, FY27 AISC: $2,980-$3,380/oz, FY29 AISC: $2,640-$3,000/oz
Outlook
Westgold's updated three-year outlook presents a fully funded organic growth plan to increase Group gold production from 385-425koz in FY27 to 460-510koz in FY29, with AISC reducing to $2,640-$3,000/oz by FY29.