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🟨 Westgold Divests Mt Henry-Selene Gold Project for $64.6M
Westgold Resources Limited has sold its Mt Henry-Selene gold project for $64.6 million, continuing its strategy to divest non-core assets and sharpen focus on key production hubs.
• Sale value stands at $64.6M, strengthening Westgold’s balance sheet
• Mt Henry-Selene classified as a non-core asset within the portfolio
• Proceeds expected to support core operations and future growth initiatives
The divestment underscores Westgold’s disciplined capital strategy—monetising secondary assets to concentrate resources on higher-return, long-life gold operations.
#Westgold #GoldMining #MiningNews #AssetSale #MtHenrySelene $PAXG
Westgold Resources Limited has sold its Mt Henry-Selene gold project for $64.6 million, continuing its strategy to divest non-core assets and sharpen focus on key production hubs.
• Sale value stands at $64.6M, strengthening Westgold’s balance sheet
• Mt Henry-Selene classified as a non-core asset within the portfolio
• Proceeds expected to support core operations and future growth initiatives
The divestment underscores Westgold’s disciplined capital strategy—monetising secondary assets to concentrate resources on higher-return, long-life gold operations.
#Westgold #GoldMining #MiningNews #AssetSale #MtHenrySelene $PAXG
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