06:23 AM EST, 01/23/2025 (MT Newswires) -- Westgold Resources ( WGXRF ) late on Wednesday said it achieved its highest quarterly gold production in the second quarter of fiscal year 2025 at 80,866 ounces and generated A$45 million in net mine cashflow.

Total output for the quarter included 46,461 ounces from the Murchison and 34,425 ounces from the Southern Goldfields.

All-in sustaining cost for the quarter was A$2,703/ounce, up from A$2,422/ounce in the fiscal first quarter. The company attributed the increase to lower than anticipated production from Bluebird-South Junction and Beta Hunt, combined with the impact of a full quarter of Southern Goldfields operating costs.

Westgold sold 86,879 ounces of gold for the quarter, achieving a record price of A$4,066/ounce and generating A$353 million in revenue.

Capital expenditures during the quarter amounted to A$56 million, down from A$58 million in the previous fiscal quarter. This includes A$29 million investment in growth projects, particularly the Bluebird-South Junction and the Great Fingall development.