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Big Westgold year targeted as spending completes on 'new' business

WESTGOLD Resources has posted a half-year profit of A$9.75 million, up 187% on the result a year earlier and undoubtedly a fraction of that targeted in the future corresponding period as its Murchison region gold operations all get up to speed in 2020.

Michael Quinn
Westgold looking good in 2020 after spending big over the past three years

Westgold looking good in 2020 after spending big over the past three years

The profit for the six months ending December came after a 17% increase in gold produced (to 120,127 ounces), at all-in sustaining costs of $1480 per ounce. Gold is currently trading about $1000/oz...

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