Latest West African Resources (ASX:WAF) News

West African Resources Limited reported a robust quarter with strong operating cash inflows and significant investment in exploration, ending June 2025 with A$279 million in cash. The company’s strategic financing and spending patterns highlight its commitment to growth in West Africa’s gold sector.

West African Resources delivered solid Q2 gold production and cash flow, with the Kiaka project completing construction early and under budget. High-grade drilling results at M1 South promise further resource growth.

West African Resources has achieved its first gold pour at the Kiaka project while maintaining solid production at Sanbrado, positioning the company well to meet its 2025 targets.

West African Resources aligns with Burkina Faso's 2024 Mining Code, increasing the government's equity stake in its projects while maintaining its 2025 gold production targets.

West African Resources reports exceptional high-grade gold intercepts from diamond drilling below existing reserves at its M1 South underground mine, signaling a potential boost to its resource base and long-term production outlook.

West African Resources has commenced mining and crushing at its Kiaka Gold Project in Burkina Faso, maintaining its schedule and budget for first gold production in the third quarter of 2025. The project’s progress signals a significant boost to the company’s annual gold output.

West African Resources reports robust results from its maiden grade control drilling at the Kiaka Gold Project, confirming extensive mineralisation and setting the stage for mining to commence in early 2025.

West African Resources Limited reported a robust cash position of A$391.7 million at the end of December 2024, despite significant outflows driven by exploration and operational costs. The company maintains substantial financing facilities, positioning it well for ongoing development.

West African Resources delivered solid Q4 2024 gold production and maintained full-year guidance, while progressing the Kiaka project on schedule and budget. The company also earned national recognition for its community contributions in Burkina Faso.