Westgold Resources (AU:WGX) has released an update.
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Westgold Resources Limited reports a successful Q4 FY24 with a $16M increase in cash and bullion, boosting its reserves to $263M, marking its sixth consecutive quarter of financial growth. The company also achieved its adjusted FY24 gold production guidance with 227,237 ounces at an All-In Sustaining Cost of $2,164/oz and announced a final dividend of 1.25 cents per share. Looking to the future, Westgold is set to merge with Karora Resources, positioning itself as a top-tier Australian gold producer with significant expansion potential.
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