Latest West African Resources News

West African Resources produced a record 127,950 ounces of gold in the September quarter, keeping its 2026 guidance within reach. Strong output at Kiaka offset weaker Sanbrado production, although explosives permitting remains an unresolved operational constraint.

Cadence Opportunities Fund Limited (ASX:CDO) delivered a record $5.66 million after-tax profit and a 30.3% fund return in FY2026. The listed investment company is entering the new year with elevated cash, reduced gold exposure and a discounted share purchase plan underway.

West African Resources delivered A$437 million in first-half net profit after tax as Sanbrado and Kiaka combined for their first full six months of production. The gold miner will return A$228.8 million to shareholders while accelerating debt repayments.

West African Resources (ASX:WAF) delivered a record quarterly gold production of 125,179 ounces in Q2 2026, maintaining its trajectory toward full-year guidance amid robust cash generation and promising drilling results.

West African Resources has hit significant high-grade gold zones below the M5 South underground Ore Reserve at Sanbrado, with drilling results suggesting substantial Ore Reserve growth potential. The company plans to integrate these findings into its 2027 resource update and production outlook.

West African Resources delivered 125,179 ounces of gold in Q2 2026, maintaining momentum toward its full-year guidance amid ongoing permitting hurdles and a major equity transaction at Kiaka.

West African Resources (ASX:WAF) closed Q1 2026 with a record A$847 million cash balance, underpinned by robust gold production of 107,728 ounces at an AISC of US$1,921/oz. Meanwhile, Burkina Faso's government formalised a 25% acquisition in the Kiaka project for A$175 million, marking a significant shift in ownership.

West African Resources Limited reported first-quarter gold production of 107,728 ounces, maintaining momentum toward its 2026 guidance of 430,000 to 490,000 ounces. Concurrently, the company continues confidential discussions with the Burkina Faso government regarding an increased equity interest in its Kiaka operation.

West African Resources forecasts a record 430,000 to 490,000 ounces of gold production in 2026, driven by full-year output from Kiaka and sustained performance at Sanbrado. The company plans significant drilling and capital investment to extend mine life and enhance growth.

West African Resources has reported a robust A$567 million net profit after tax for 2025, driven by strong gold production and operational cash flow. The successful ramp-up of the Kiaka gold production centre and sustained output from Sanbrado underpin the company’s positive outlook for 2026.

West African Resources confirms ongoing talks with Burkina Faso’s government over a proposed 25% equity increase in Kiaka SA, while maintaining steady operations at its key sites.

West African Resources has reported significant diamond drilling results extending high-grade gold mineralisation well below its current resource at Sanbrado, Burkina Faso, setting the stage for a major resource update in Q2 2026.