Westgold Resources Achieves Mining Rate of 2 Million Tonnes Per Year at Western Australia Mine; Shares Up 4%

MT Newswires Live10-21 10:03

Westgold Resources (ASX:WGX) achieved an annualized mining rate of 2 million tonnes per year at the Beta Hunt mine in Western Australia in September following the completion of mine infrastructure upgrades, according to a Wednesday filing with the Australian bourse.

Infrastructure works over the last two years amounted to AU$33.3 million, the filing said.

The company is targeting sustained performance at the same mining rate from the second quarter of fiscal 2027, per the filing.

Shares rose 4% in midday trade Wednesday.

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