Westgold Resources and Yancoal are set to be included in the S&P/ASX 200 index, taking effect prior to the open of trading on September 23.

Recognised as the institutional investable benchmark in Australia, the S&P/ASX 200 is designed to measure the performance of the 200 largest index-eligible stocks listed on the ASX by float-adjusted market capitalisation.

“Westgold’s admission to the prestigious S&P/ASX 200 index is a direct result of the efforts of our people delivering safe and profitable ounces for our shareholders,” Westgold managing director and chief executive officer (CEO) Wayne Bramwell said.

“This strategy has seen Westgold’s market capitalisation grow to (approximately) $2.7 billion at market close on September 6.”

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