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Westgold plans to boost gold production to 510,000 ounces by FY '29 with lower costs and organic growth.

Company Fundamentals
09 Sep 2026
Seeking Alpha
View Source
Bullish
Westgold plans to boost gold production to 510,000 ounces by FY '29 with lower costs and organic growth.

Westgold Resources projects increasing gold production from 385,000-425,000 ounces in FY '27 to 460,000-510,000 ounces by FY '29, driven by organic growth and expansion in the Murchison region. The company aims to reduce all-in sustaining costs to AUD 2,640-3,000 per ounce by FY '29 while increasing processing capacity above 7 million tonnes annually. This growth plan excludes the Fletcher Zone at Beta Hunt, which is considered an upside opportunity. Westgold's confidence is supported by record production and exceeding guidance in FY '26, positioning it for about 9% annual growth through FY '29.

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