Westgold Resources Limited

Listed on Australian Securities Exchange (ASX)

Australian gold producer operating multiple underground and open-pit mines in Western Australia.

Company site

Market Cap$3.11B

Enterprise Value$2.86B

Cash$367.59M

Debt$113.01M

Listed OnAustralian Securities Exchange (ASX)

Shares Outstanding939.67M

Reporting DateJul 31, 2026

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Mine

Latest Coverage

Aug 24, 2026

Westgold’s 4.1Moz Reserve Build Makes Processing Capacity the Next Constraint

Westgold lifted group gold reserves 41% to 4.1Moz at a 15% higher average grade, helped by a new 1.1Moz Fletcher reserve at Beta Hunt. With A$939 million of treasury and no debt, the investment question is shifting from inventory scarcity to whether mine and processing expansions can convert the larger reserve base without cost or capital creep.