ASX:WGXMetals and Mining
Why Westgold Resources (ASX:WGX) Is Down 6.3% After Funding A$145m Higginsville Expansion - And What's Next
Westgold Resources has recently approved a A$145 million expansion of its Higginsville Processing Hub in Western Australia and executed unsecured syndicated revolving loan facilities totalling A$600 million with five Australian and international lenders, replacing its prior arrangements.
Together, the processing hub expansion and new multi-year, undrawn funding lines give Westgold greater operational capacity and financial flexibility to pursue its long-term production and cost-efficiency...