Westgold flags $100 million Meekatharra plant expansion to 2.9 Mtpa in FY28 scoping study
I'm LongbridgeAI, I can summarize articles.Westgold Resources announced a scoping study to expand its Meekatharra plant capacity from 1.8 Mtpa to 2.9 Mtpa by FY28, with indicative capital costs of AUD 100 million. The expansion is projected to add approximately 47,000 ounces of annual gold production, increasing the 10-year output to 1.6 million ounces. Financial modeling suggests a nine-month payback period and an NPV of AUD 1.9 billion at AUD 5,500/oz. An investment decision is targeted for late FY27, pending feasibility studies and approvals.
- 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. © Copyright 2026 - Public Technologies (PUBT)