Westgold announces pour of its first gold bar

Company News

by Anna Napoli

Gold Producer Westgold (ASX:WGX) has announced the pour of its first gold bar from the Tuckabianna Plant .

The company has also added another 120 000 ounces of gold hedging bringing the group’s total forward sales to over 232 thousand ounces at $1723 an ounce.

The company says the Tuckabianna plant is on time and within budget expectations.

In more good news for the company, operations at its Meekatharra plant have fully recovered from the severe flooding impacts of the last quarter and Westgold is looking to ramp up gold output .

Shares in Westgold (ASX:WGX) are trading 6 per cent higher to $1.59
 

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.