Westgold Resources Ltd
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Westgold Resources and Karora unite to forge $2.2b gold mining giant
Australian gold producer Westgold Resources (ASX: WGX) is set to merge with Canadian-based Karora Resources to create a 400,000-plus ounce per annum mining company with a market capitalisation of $2.2 billion. Under the terms of the merger, Westgold will acquire 100% of the issued and outstanding common shares of Karora by way of a statutory […]
Westgold Resources restarts underground gold mining at Big Bell
Gold miner Westgold Resources (ASX: WGX) has restarted operations at the Big Bell underground mine in Western Australia and expects it to become the “largest single mine in the Murchison region”. The company today announced underground sub-level cave mining has recommenced at the site, which is located within Westgold’s Cue Gold Operations and has been […]