Westgold flags $100 million Meekatharra plant expansion to 2.9 Mtpa in FY28 scoping study

Reuters2026/08/25 02:56

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Westgold outlined a scoping study to lift Meekatharra processing capacity to 2.9 Mtpa from 1.8 Mtpa in FY28.
Indicative capital set at AUD 100 million, the top end of an AUD 65 million–AUD 100 million range.
Commissioning would add about 47,000 ounces a year, lifting 10-year output to 1.6 million ounces, up 424,000 ounces.
Study modeled a 9-month payback, LoM AISC of AUD 1,968–AUD 2,406 an ounce, NPV of about AUD 1.9 billion at AUD 5,500 an ounce.
Potential investment decision flagged for late FY27, subject to feasibility work, cost refinement, approvals, and ore supply validation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Westgold Resources Limited published the original content used to generate this news brief via CNW (Ref. ID: 202608242255CANADANWCANADAPR_C7512) on August 25, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Westgold flags $100 million Meekatharra plant expansion to 2.9 Mtpa in FY28 scoping study

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