Why is everyone talking about Resolute Mining, Westgold and Paladin shares on Wednesday?

Westgold Resources Ltd (ASX: WGX), Resolute Mining Ltd (ASX: RSG), and Paladin Energy Ltd (ASX: PDN) shares are making waves today.

And all three of the big Aussie mining stocks are handily outperforming the 0.2% gains posted by the S&P/ASX 200 Index (ASX: XJO) today.

Here’s what’s catching investor interest on Wednesday.

Paladin shares lift on FY 2027 uranium guidance

Paladin shares are up 4.1% at the time of writing, changing hands for $8.91 each.

This outperformance follows the release of the ASX 200 uranium stock’s June quarter update as well as FY 2027 production and cost guidance for its Langer Heinrich Mine, located in Namibia.

Following the successful ramp-up of the Langer Heinrich Mine, Paladin is forecasting full-year uranium production of 5.1 million to 5.6 million pounds (U3O8).

The miner expects to sell 4.8 million to 5.3 million pounds over FY 2027, expecting an average cost of US$44 to US$48 per pound.

Paladin noted that the average realised uranium price it receives in FY 2027 could range as low as US$51 per pound to as high as US$103 per pound, depending on market prices.

Over the June quarter, Paladin produced 1.23 million pounds of uranium, achieving an average realised price of US$70.6 per pound.

Resolute Mining shares jump on expanded gold resource

Joining Paladin shares in outperforming today, Resolute Mining shares are up 3.2%, trading for 97 cents each.

This comes after the ASX 200 gold miner announced that the Mineral Resource Estimate at its ABC Project, located in Cote d’Ivoire, has increased to 3 million ounces of contained gold, up some 36% from the 2.2 million ounces reported last year.

And Resolute Mining isn’t slowing down.

The company said it currently has seven drill rigs at ABC, which it intends to increase to eleven rigs in August, with the planned 80,000 metres drill program underway.

“Since acquiring the asset last year, we have built strong momentum through exploration with the updated MRE representing a key milestone in the project’s development pathway,” Resolute Mining CEO Chris Eger said.

Which brings us to…

Westgold Resources shares surge on production record

Like Resolute Mining and Paladin shares, Westgold shares are enjoying a strong run today, up 3.4% at $4.73 apiece.

This follows the release of the ASX 200 gold stock’s June quarterly update.

Highlights included all-time high FY 2026 production of 387,354 ounces of gold. That tops the company’s FY 2026 guidance of 345,000 ounces to 385,000 ounces of gold.

On the balance sheet, Westgold held $939 million in cash, bullion, and liquid investments as at 30 June. That’s up $575 million from the end of FY 2025.

The post Why is everyone talking about Resolute Mining, Westgold and Paladin shares on Wednesday? appeared first on The Motley Fool Australia.

More reading

• Paladin Energy sets FY2027 Langer Heinrich uranium guidance
• Resolute Mining grows ABC Project gold resource to over 3Moz
• Westgold Resources exceeds guidance with record gold production in FY26
• 5 things to watch on the ASX 200 on Wednesday
• These are the 10 most shorted ASX shares

Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.