Westgold Resources Limited
WTGRF
Other OTC1.43
USD
-0.06
- -
ISIN
AU000000WGX6
Return %
Stock
S&P500
1Y
68.24
26.53
3Y
-22.70
76.60
5Y
88.16
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Wayne Christopher Bramwell Grad Dip Bus, MSC (Mineral
- Full Time Employees
- 918
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 200 St Georges Terrace Perth WA Australia 6000
- IPO Date
- Jun 7, 2017
- Website
- westgold.com.au
- Similar Companies
- Business
- Westgold Resources Limited is an Australian gold mining company specializing in the exploration, development, and operation of gold mines primarily in Western Australia. Founded in 1987 and headquartered in Perth, the company operates a large and strategic landholding across two prolific gold regions: the Murchison and the Southern Goldfields. Westgold’s core products and services include underground and open pit gold mining; operation of multiple processing hubs and plants such as those at Cue, Meekatharra, Fortnum, and Lakewood; sale of gold and silver produced from its operations; and related exploration activities. The company’s mining portfolio consists of six operating underground mines with an additional mine under development, as well as multiple open pits and four processing facilities. It serves predominantly the Australian domestic market with substantial mining and processing infrastructure. A major recent development for Westgold was its 2024 merger with Canadian-listed Karora Resources, valued at approximately A$1.1 billion. This strategic acquisition expanded Westgold’s asset base by integrating Karora’s mining operations including the Beta Hunt, Big Bell, Bluebird, and Great Fingall mines under one management structure. This merger created a top-five Australian gold producer with a combined production capacity exceeding 400,000 ounces of gold annually. Additionally, the merger facilitated dual listing on both the Australian Securities Exchange and the Toronto Stock Exchange, broadening Westgold’s access to capital markets. Since then, Westgold has invested in upgrading its processing facilities, such as the 1.2 million tonnes per annum Lakewood plant, enhancing operational efficiency and capacity. The company’s enlarged portfolio and improved production capabilities position it strongly for sustained growth in the gold sector. Westgold operates through two main geographic segments: Murchison and Southern Goldfields. The Murchison operations, the larger revenue contributor, incorporate three main processing hubs at Cue, Meekatharra, and Fortnum, refining ore primarily from underground mines. The Southern Goldfields segment complements this with additional mining and processing assets. The company maintains a commitment to unhedged gold production, leveraging a mix of gold sales at spot prices. Westgold employs an integrated, owner-operator mining model which includes mining services to support its underground and surface mining activities, contributing to operational control and cost efficiency. The company’s strategic focus remains on exploration and development within Western Australia, consistently targeting long-life and sustainable gold production. Overall, Westgold Resources Limited is a mid-tier, unhedged gold producer with significant underground mining operations, multiple processing plants, and a growing footprint in Western Australia's premier gold-producing regions. Its recent merger with Karora Resources has significantly enhanced its scale, production capacity, and market presence, establishing it as a prominent player within the gold mining industry both domestically and internationally. The company continues to focus on operational excellence, resource expansion, and strategic asset integration to underpin future growth and value creation for shareholders. This description reflects data current as of late 2025.