Latest Burkina Faso News

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.

Advanced Braking Technology Ltd (ABT) posted a robust FY25 with sales up 27% and underlying profits nearly doubling, driven by strong international demand and innovation milestones.

Sarama Resources has successfully closed the first tranche of a A$2.7 million equity placement to fund exploration at its Cosmo Gold Project and support ongoing arbitration efforts. The second tranche, involving options and director participation, awaits shareholder approval.

Sarama Resources has raised A$2.7 million through a well-supported equity placement to fund a maiden drilling campaign in Western Australia's Laverton Gold District and advance its arbitration claim against Burkina Faso.

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.

Atlantic Lithium has announced the discovery of spodumene pegmatite with high-grade lithium assays at its Agboville and Rubino licences in Côte d’Ivoire, marking a significant expansion beyond its flagship Ghana project.

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.

Sarama Resources reported a $673,644 net loss in Q1 2025 while progressing exploration in Western Australia and initiating a $120 million arbitration over a disputed Burkina Faso permit withdrawal.

Sarama Resources Ltd reported a $673,644 net loss for Q1 2025, reflecting ongoing exploration costs and capital raises, while navigating arbitration funding with Burkina Faso authorities.

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.

Asara Resources has raised $2.3 million to advance exploration at its flagship Kada Gold Project in Guinea, appointed Matthew Sharples as CEO, and awarded a major drilling contract to Capital Drilling Guinea-SA. The company also completed the sale of non-core Burkina Faso assets, signaling a sharpened focus on its core gold interests.

Asara Resources has raised $2.3 million through a placement led by Barbet L.L.C FZ to advance exploration at its Kada Gold Project in Guinea, coinciding with the appointment of Matthew Sharples as CEO.