Westgold Q1 FY27 Results
Key points
- No Lost Time Injuries recorded, LTIFR reduced to 1.17
- Gold production of 98.4koz at AISC of $2,912/oz
- Ore stockpiles increased by 51% to 696kt
- Treasury build of $251M, cash and liquid investments at $1,040M
- Group Ore Reserves increased by 41% to 4.1Moz
Full summary
Westgold Resources Limited reported its results for the period ending 30 September 2026 (Q1 FY27). The company achieved gold production of 98.4koz at an All-In Sustaining Cost (AISC) of $2,912/oz, with no lost time injuries recorded, resulting in a Lost Time Injury Frequency Rate (LTIFR) of 1.17. Ore stockpiles increased by 51% to 696kt, supporting production continuity. The company's treasury build was $251M, with cash, bullion, and liquid investments totaling $1,040M. Group Ore Reserves increased by 41% to 4.1Moz, including a 1.1Moz maiden Ore Reserve at Fletcher. Westgold remains on track to deliver FY27 guidance of 385-425koz at an AISC of $2,980-$3,380/oz.
Guidance
FY27 production guidance of 385-425koz at AISC of $2,980-$3,380/oz
Outlook
Westgold's updated 3-Year Outlook supports a fully funded pathway to build a larger, lower-cost production base, targeting ~500kozpa by FY29.
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