Westgold Resources delivers strong Q3 gold production and cash growth

Westgold Resources Limited reported producing 93,145 ounces of gold in its fiscal third quarter of 2026, with all-in sustaining costs of $2,931 per ounce excluding its ore purchase agreement. The company built $285 million in underlying cash before growth capital and other expenditures, boosting its treasury to $856 million. CEO Wayne Bramwell highlighted the business's scale, resilience, and full exposure to gold prices.

Westgold Resources Limited unveiled its March 2026 quarterly results during a webinar on April 28. CEO and Managing Director Wayne Bramwell presented the highlights, joined by Chief Operating Officer Aaron Rankine and Chief Financial Officer Tommy Heng. The company achieved solid production and cash generation, operating unhedged to capture gold price upside. Bramwell noted the outcomes reflect a business gaining scale and financial flexibility. Gold output reached 93,145 ounces, with all-in sustaining costs at $2,931 per ounce before the ore purchase agreement and $3,338 including it. This performance drove an underlying cash build of $285 million prior to growth capital, exploration, and one-off items. Treasury levels rose by $202 million, ending the quarter at $856 million in cash, bullion, and liquid investments. Bramwell pointed to a momentum-building waterfall chart showing steady progress year-to-date across operations.

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