Westgold reports production increases at several mines in Q2
ASX- and TSX-listed Westgold Resources continues to increase its quarterly gold production, having produced 80 886 oz of gold in the second quarter of the 2025 financial year.
This compares to 77 369 oz having been produced in the first quarter.
Since merging with Karora Resources in August last year, Westgold has continuously invested in the expanded business and ramp ups in production, particularly at the Bluebird and Beta-Hunt underground mines, in Australia.
The company’s efforts at the Bluebird-South Junction focused on higher grades and consistency of output, as well as a modified ground support regime.
Westgold will complete more infrastructure upgrades at Beta Hunt, which are due for completion at the end of the third quarter of the 2025 financial year, while the Great Fingall mine remains on track for first ore extraction in the last quarter of the financial year.
The group also continues to invest in the long-term capacity of the mines in the Murchison and Southern Goldfields, in Australia.
As of December 31, the group had cash, bullion and liquid investments of $152-million, as well as $250-million in undrawn facilities.
The company will release a full quarterly report at the end of the month.
Westgold remains on track to produce between 400 000 oz and 420 000 oz in the 2025 financial year ending June 30.
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