Westgold announces maiden dividend

MURCHISON gold miner Westgold Resources will pay a maiden dividend of A2c per share after reporting a net profit after cash of $77 million in 2020/21.

Westgold announces maiden dividend Westgold announces maiden dividend Westgold announces maiden dividend Westgold announces maiden dividend Westgold announces maiden dividend

Big Bell is a key Westgold operation in the Murchison

Earnings rose nearly 40% year-on-year to $252 million (on an EBITDA basis), with net cashflow up 60% to $249 million.

The miner ended the year with $151 million of cash.