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Westgold reports 98,400 ounces of gold produced in Q1 FY27

Westgold reports 98,400 ounces of gold produced in Q1 FY27

Westgold Resources reported gold production of 98,400 ounces for the quarter ended 30 September 2026, compared with 98,900 ounces in the preceding quarter. All-in sustaining costs were A$2,912 per ounce, up from A$2,802 per ounce in Q4 FY26.

The company said it mined 1.421 million tonnes at 2.2 g/t gold during the quarter. It attributed the quarter-on-quarter increase in tonnes mined to improving mining rates at Great Fingall, Starlight, the Murchison open pits and Beta Hunt, while ore stockpiles increased 51% to 696,000 tonnes.

Westgold said it sold 99,900 ounces of gold at an achieved price of A$6,029 per ounce, generating A$602 million in gold sales revenue and A$292 million in mine operating cash flow. The company said production and cost results remain on track for FY27 guidance of 385,000 to 425,000 ounces at A$2,980 to A$3,380 per ounce.

Group Ore Reserves increased 41% to 4.1 million ounces after depletion and asset-sale adjustments, including a 1.1-million-ounce maiden Ore Reserve at Fletcher, according to Westgold. The company also reported A$24 million of exploration and resource-definition investment during the quarter.

Source: Download WGX official ASX announcement, 2026-10-21.

Gold-processing operations pictured in Westgold Resources' 21 October 2026 quarterly report announcement.