Westgold Resources Limited (WGX:CA) Q3 2026 Earnings Call Transcript
Westgold Resources reported strong Q3 2026 results with 93,145 ounces of gold produced and $285 million in underlying cash generation before growth and exploration spending. The company ended the quarter with $856 million in cash, bullion, and liquid investments, reflecting improved financial strength. Production costs were $2,931 per ounce excluding the ore purchase agreement, rising to $3,338 including it. The business remains unhedged, maintaining full exposure to gold prices while scaling operations.
- ▪Westgold produced 93,145 ounces of gold in Q3 2026 at an all-in sustaining cost of $2,931 per ounce, excluding the ore purchase agreement.
- ▪Including the ore purchase agreement, all-in sustaining costs were $3,338 per ounce.
- ▪The company generated $285 million in underlying cash before growth capital, exploration, and one-off items.
- ▪Cash, bullion, and liquid investments increased by $202 million to $856 million at quarter-end.
- ▪Westgold remains unhedged, with full exposure to prevailing gold prices.
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