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Golden sons rise in the West

Talk at an RBC gold forum in London this week reinforced key themes for sector leaders: the need for careful capital allocation, balance sheet strength, and maximising free cash flow, and a prevailing view that value in brownfields growth rates ahead of M&A. Australia’s next mid-tier gold producer, Westgold Resources, could have been the event’s poster child.

Golden sons rise in the West Golden sons rise in the West Golden sons rise in the West Golden sons rise in the West Golden sons rise in the West

Fortnum plant in Western Australia's Peak Hill district ... targeted for 70,000ozpa of production

Westgold, set to rejoin the ASX list after a proposed demerger from Metals X – and move straight into the country’s top-10 ASX-listed gold producers, has been built on a platform of astute deal-...