Westgold Resources has announced that the Fender gold deposit will be its next underground mine in the Cue area of Western Australia. Read more
Westgold Resources’ takeover hopes of Gascoyne Resources have been dashed after the Supreme Court of Western Australia approved Gascoyne’s merger with Firefly Resources.
Gascoyne Resources has hired a takeover response team to assist with Westgold Resources’ forthcoming offer to acquire the company.
Westgold Resources is set to make an off-market takeover bid for Gascoyne Resources which would lead to it acquiring control of the Dalgaranga gold mine in Western Australia.
Westgold Resources expects to produce more than 250,000 ounces of gold in the 2022 financial year, more than doubling its output from five years ago.