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'Tough' first half for Westgold's mining business

HAVING now made "additional financial investments in several critical areas during the first half to mitigate potential operational disruptions", Westgold Resources is looking to a much improved second half of 2021/22.

Michael Quinn
Westgold is looking for better numbers in the current half

Westgold is looking for better numbers in the current half

The gold miner spent A$15 million building surface ore stocks and $5 million on inventory, with earnings (EBITDA) falling 27% to A$106.2 million (versus the previous corresponding period), and net cashflow...

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