Australia's Westgold Resources rises on upbeat quarterly gold production

Westgold Resources

23/07/2025 03:59

** Shares of Westgold Resources Ltd WGX.AX rise as much as 3.9% to A$2.97, their highest level since June 24

** Local gold stocks .AXGD up as much as 2.5%, their highest level since July 4

** Gold producer says it logged a record quarterly gold production of 88,022oz, compared to 52,795oz from a year before

** Group's record FY25 gold production of 326,384oz at All-In Sustaining Cost (AISC) of A$2,666/oz is marginally outside FY25 guidance of 330-350,000oz at AISC of A$2,400 - 2,600/oz, adds co

** Stock currently up 2.5%, bringing YTD gains to 3.2%

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com))