Westgold Resources (ASX:WGX) confirmed it is evaluating the potential sale of non-core assets, including its Lakewood processing facility in Western Australia, as part of an ongoing strategic review, according to a Wednesday filing with the Australian bourse.
Responding to recent press speculation, WGX emphasized its focus on expanding larger, lower-cost processing plants to reduce operating costs and boost cash flow.
Shares of the company rose past 3% in recent Wednesday trade.
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