Westgold Resources Agrees to Extend Contract With MLG Oz; Shares Down 3%
MT Newswires Live
Mar 18
Westgold Resources (ASX:WGX) agreed to extend its contract with MLG Oz (ASX:MLG) for the provision of integrated site services across its Murchison operations in Western Australia for a further 12 months, according to a Wednesday filing with the Australian bourse.
The extension is expected to generate about AU$75 million in revenue for MLG Oz over 12 months, the filing said.
Westgold Resources shares fell 3% in midday trade Wednesday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.