Westgold posts solid quarter
PERTH (miningweekly.com) – Gold miner Westgold Resources has reported a solid third quarter of production for the three months to March, with production reaching 60 512 oz, down slightly from the 62 180 oz produced in the second quarter.
Gold production in the year to date has reached 188 740 oz, with the company remaining on track to deliver towards the top-end of its full-year production guidance of between 240 000 oz and 260 000 oz, at an all-in sustaining cost (AISC) guidance of between A$1 900/oz and A$2 100/oz.
The Murchison operations, comprising of the Big Bell, Bluebird and Paddy’s Flat mines, delivered 48 609 oz during the quarter under review, at an AISC of A$2 016/oz.
This was down slightly from the 49 280 oz delivered in the previous quarter.
Westgold said on Wednesday that the Bryah operations had a "disappointing quarter" in the three months to March, with grade underperformance delivering 11 904 oz of gold in total, at an AISC of A$2 414/oz. This was down from the 12 900 oz delivered in the previous quarter at an AISC of A$2 140/oz.
The miner said that a rainfall event and the failure of a sill pillar in the third quarter contributed to the temporary rise in AISC during the quarter. However, the company was confident that AISC had now peaked and would trend downwards over the coming months as the new mine plan was executed.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation















