Westgold Resources LtdASX: WGX

WGX Operational Update

· Issued by Westgold Resources Ltd

Filed with ASX · · 2 pages · English

Summary by 6ix AI

Westgold Resources Ltd has released an operational update regarding its Murchison and Bryah operations, detailing recent challenges due to heavy rainfall and flooding that affected production and processing capabilities. The company has completed necessary repairs to its crushers and expects production to increase as operational conditions improve. Despite a cessation of mining at Paddy’s Flat impacting production, Westgold remains on track to meet its production and cost guidance for the financial year, albeit at the lower end of the range. Westgold's CEO highlighted the team's efforts to manage operational challenges and emphasized a focus on profitability and cash generation moving forward.

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