Westgold sells Chalice project to Corazon for A$25.7M
Australian gold producer Westgold Resources (ASX, TSX: WGX) will sell the Chalice gold project in Western Australia to Corazon Mining (ASX: CZN) for A$25.7 million…
Westgold Resources
Miners brace as Cyclone Narelle hits Australia
Severe Tropical Cyclone Narelle made landfall on Western Australia’s coast on Friday prompting port closures, operational precautions and supply disruptions across key mining regions. The…
Westgold to spin out mining assets, launch IPO on ASX
Westgold Resources (ASX, TSX: WGX) plans to spin off its non-core gold exploration assets in the Murchison region of Western Australia into a new company…
Gold boom drives rising costs for Aussie producers
As Australian gold producers set forecasts for their 2026 performance, a clear trend has emerged that sets them apart: costs are expected to rise even…
Australia’s $2.4B market cap Westgold joins TSX
A shower of confetti and an electronic bell ring at the Toronto Stock Exchange Friday morning welcomed Westgold Resources (ASX: WGX; US-OTC: WGXRF; TSX: WGX) as its…
Australia’s Westgold gets reserve boost from South Junction
Australia’s Westgold Resources (TSX: WGX; ASX: WGX) has replenished gold reserves at its Bluebird-South Junction mine complex with its first-ever reserve estimate for South Junction,…
Consolidation in Western Australian gold sector to continue amid record prices
KALGOORLIE, WA — Record gold prices have set off a flurry of mergers and acquisitions over the past year in the Western Australian gold sector,…
Westgold-Karora merger creates top five Australian gold miner
Australia’s Westgold Resources (ASX: WGX) and Canada’s Karora Resources (TSX: KRR) completed their planned merger on Friday, creating a dual listed miner that sits among Australia’s…
Horizon Minerals to become Australia’s newest gold producer
Horizon Minerals (ASX: HRZ) is going ahead with development of the Boorara gold mine in Western Australia, located only 10 km east of Northern Star…
Karora shareholders back Westgold Merger
Shareholders of Canada’s Karora Resources (TSX: KRR; US-OTC: KRRGF) have voted nearly unanimously in favour of a A$1.23 billion (US$817 million) acquisition by Australia’s Westgold…
Westgold’s buyout of Karora gets ISS blessing ahead of shareholder vote
Canada’s Karora Resources (TSX: KRR; US-OTC: KRRGF), the target of a A$1.2-billion (US$830 million) acquisition by Australia’s Westgold Resources (ASX: WGX), said on Monday a…
Aus gold miner Ramelius refinances for $160M in debt
Australian gold miner Ramelius Resources (ASX: RMS) has secured a A$175 million ($160 million) revolving debt facility, along with government grants, to fund its operations and recent…