Westgold Resources Ord Shs T.WGX

Alternate Symbol(s): WGXRF

Metals & Mining Gold

Westgold Resources Limited is a mid-tier gold producer and international gold company. The Company is engaged in the exploration, development and operation of gold mines, primarily in Western Australia. The Company owns and operates all of its underground and open pit mines. Its operations include Murchison Operations, Meekatharra Gold Operations (MGO), Cue Gold Operations (CGO), Bryah Operations, Higginsville Gold Operations, Spargos Gold Mine, Beta Hunt Mine, and Lakewood Gold Mill. The Murchison Operations are located around the regional towns of Meekatharra and Cue in the mid-west region of Western Australia and incorporate the Meekatharra and Cue Gold Operations. MGO is located around the regional town of Meekatharra and encompasses assets, including the historic gold mining centres of Meekatharra North, Paddy’s Flat, Yaloginda, Nannine and Reedy’s. CGO is located around the regional town of Cue and encompasses Westgold’s southern group of Murchison assets.

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Westgold Resources Ord Shs > Stronger dollar

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Comment by MaterialsManon Nov 26, 2024 11:02am

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Post# 36331209

RE:Stronger dollar

I did some chart reviews, and sure enough lower gold prices went hand in hand with a strong dollar index.
If I interpreted the dollar index chart correctly, this is only the second time it's been this high since the mid 80's.
Who knows where the index will go from here. I think it was at 150 in 1985.

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