Australia's Westgold Resources hits record high on strong quarterly output

Westgold Resources

20/01/2026 23:41

** Shares of gold producer Westgold Resources WGX.AX rise as much as 11.2% to an all-time high of A$7.630

** Stock last up 9.2%, set for best day since October 1, if current gains hold

** WGX among top gainers on the S&P/ASX 200 benchmark index .AXJO, which is down 0.3%

** Co produces record 111,418 oz of gold in Q2, 33% higher than Q1, driven by improving output from its Murchison operations in Western Australia

** Sells 115,200 oz of gold, generating revenue of A$732 million ($492.86 million)

** WGX up 6.7% this year, as of last close, after gaining 127.6% in 2025

($1 = 1.4852 Australian dollars)

 (Reporting by Himanshi Akhand in Bengaluru)

 ((Himanshi.Akhand@thomsonreuters.com;))