WGX targets 500kozpa by FY29 with lower costs and capacity expansion
WGX says a fully funded plan targets a 500kozpa production base by FY29, with declining AISC and expanded processing capacity over 7Mtpa. Growth relies on strong reserves, ongoing exploration, and capital investment.
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01:51:47 AM UTC
SquawkNews
Production is set to rise from 385-425koz in FY27 to 460-510koz in FY29, with AISC falling to $2,640—$3,000/oz. Major capital is allocated to Murchison expansion and resource conversion, while the high-potential Fletcher Zone is excluded from the base plan but offers significant future upside.Origi…
A fully funded plan targets a 500kozpa production base by FY29, with declining AISC and processing capacity expanded to more than 7Mtpa. Growth is supported by strong reserves, ongoing exploration and capital investment, while additional upside from projects such as Fletcher is excluded from the base outlook.