Westgold announces record half year revenue
Westgold announces record half year revenue Westgold Resources Limited (ASX: WGX) says its revenue increased by 15% on the previous corresponding period to $363m, a record half year result for the West Australian gold miner. Westgold also announced its net profit for H1 FY24 came in at $44m, representing a 500% increase on H1 FY23, as gold prices increased 22% on the previous corresponding period. Although Westgold produced 122,342oz of gold H1 FY24, 5% less than the previous corresponding period, the gold miner says it is on track to achieve its FY24 guidance of 245,000-265,000oz. Westgold Resources managing director and CEO Wayne Bramwell says “our mines...