financetom
Business
financetom
/
Business
/
Westgold Resources Provides Fiscal Q2 Preliminary Production Results
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Westgold Resources Provides Fiscal Q2 Preliminary Production Results
Jan 8, 2025 2:53 PM

05:22 PM EST, 01/08/2025 (MT Newswires) -- Westgold Resources ( WGXRF ) after close of trade Wednesday provided preliminary production results for it fiscal second quarter.

Westgold produced 80,886 ounces of gold in the period, up from 77,369 ounces in the prior quarter.

A ramp up at both the Bluebird and Beta-Hunt underground mines in Australia continues. At Bluebird-South Junction, efforts were focused on increasing grade and consistency of mine production, while a modified ground support regime was implemented. At Beta Hunt mine infrastructure upgrades critical to increasing mine outputs (including water, power reticulation and ventilation circuits) are being implemented and are due for completion at the end of Q3, FY25.

"To drive our long-term cost base down, plant expansion studies at Higginsville, Bluebird and Fortnum are advancing with initial capital estimates to be reported shortly," said Managing Director Wayne Bramwell. "To extend mine lives, our underground drilling fleet is fully deployed across the group and surface drill contractors are active at Peak Hill and Higginsville."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Tesla Recalls Nearly 13,000 Model 3 and Model Y Vehicles in US Over Power Loss Risk
Tesla Recalls Nearly 13,000 Model 3 and Model Y Vehicles in US Over Power Loss Risk
Oct 22, 2025
06:51 AM EDT, 10/22/2025 (MT Newswires) -- Tesla (TSLA) is recalling 12,963 vehicles in the US, including certain 2025 Model 3 and 2026 Model Y units, due to a defect that could cause a sudden loss of drive power, the National Highway Traffic Safety Administration said Tuesday. The agency said a failure in the battery pack contactor could interrupt power...
Hyatt Teams Up With Homeinns To Bring Extended-Stay Hotels Across China
Hyatt Teams Up With Homeinns To Bring Extended-Stay Hotels Across China
Oct 22, 2025
Hyatt Hotels Corporation ( H ) on Wednesday signed a master franchise agreement with Homeinns Hotel Group to launch Hyatt Studios hotels in China. Strategic Expansion into China’s Extended-Stay Market The deal will expand Hyatt’s upper-midscale extended-stay portfolio. As per the terms, Homeinns plans to open 50 properties over the next several years and build a growth pipeline nationwide. Notably,...
BankUnited Q3 profit rises on higher interest margin
BankUnited Q3 profit rises on higher interest margin
Oct 22, 2025
Overview * BankUnited ( BKU ) Q3 net income rises to $71.9 mln, EPS increases to $0.95 * Net interest income for Q3 was $250.1 mln, up from the previous quarter * Company achieved a 3% net interest margin, meeting its target Outlook * Company did not provide specific guidance for future quarters Result Drivers * NET INTEREST MARGIN -...
AT&T Q3 Adjusted Earnings Unchanged, Revenue Rises; Shares Up Pre-Bell
AT&T Q3 Adjusted Earnings Unchanged, Revenue Rises; Shares Up Pre-Bell
Oct 22, 2025
06:50 AM EDT, 10/22/2025 (MT Newswires) -- AT&T ( T ) reported Q3 adjusted earnings Wednesday of $0.54 per diluted share, unchanged from a year earlier. Analysts polled by FactSet expected $0.54. Total operating revenue for the quarter ended Sept. 30 was $30.71 billion, up from $30.21 billion a year earlier. Analysts surveyed by FactSet expected $30.87 billion. The company...
Copyright 2023-2026 - www.financetom.com All Rights Reserved