EXPLORATION & DEVELOPMENT

Westgold adding Reedy's production

GROWING producer Westgold has outlined plans to incorporate new underground mines at the Reedy's mining centre into its production mix, and has added some hedging to its book following the rise of the Australian dollar gold price.

Michael Quinn

Westgold adding Reedy's production

Westgold said it had added 15,000 ounces of short dated deliveries for the period September through December 2017 at a gold price of A$1656 per ounce, and has extended a pre-pay position by 22,500oz (over...

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