Latest West African Resources News

Toubani Resources has landed a credit-approved term sheet from Coris Bank for more than US$80 million in project financing, marking a significant step forward for its Kobada Gold Project in Mali.

West African Resources Limited reported a robust cash flow for the December 2025 quarter, ending with a strong cash position of A$584.1 million. The company’s operating activities generated significant cash inflows, offsetting substantial investing and financing outflows.

West African Resources has met its 2025 gold production and cost targets for the fifth consecutive year, reporting robust quarterly results and promising exploration outcomes that suggest extended mine life at Sanbrado.

West African Resources has delivered a record 300,383 ounces of gold in 2025, hitting its production guidance for the fifth consecutive year, driven by strong performances at its Sanbrado and Kiaka mines in Burkina Faso.

West African Resources reports significant diamond drilling results beneath the M5 North open-pit at Sanbrado, revealing high-grade gold mineralisation and potential to extend mine life beyond current reserves.

West African Resources Limited has resumed trading on the ASX following a government request to acquire an additional 35% stake in its Kiaka subsidiary, signaling a notable shift in ownership dynamics.

West African Resources is advancing negotiations with the Burkina Faso Government over equity interests in its Kiaka gold project, proposing alternatives to direct government ownership to boost national benefits without diluting shareholder value.

Orezone Gold Corporation reported solid Q3 and nine-month 2025 results from its Bomboré gold mine, with production slightly down but revenue boosted by higher gold prices. The company’s hard rock expansion is on track for first gold in December 2025, supporting its 2025 production guidance.

West African Resources Limited reported a robust quarterly cash flow with strong operating inflows and substantial cash reserves, underscoring its solid financial footing amid ongoing exploration investments.

West African Resources reported robust Q3 gold production of 92,721 ounces at a competitive all-in sustaining cost, while navigating ongoing discussions with the Burkina Faso government over increased ownership in its Kiaka project.

West African Resources has reported a robust first half of 2025, delivering A$215 million in net profit after tax on the back of strong gold production and sales.

Cadence Capital Limited reported a $6.3 million profit and a 3.4% fund gain for FY25, driven by strong gold sector performance. The company announced a 3.0 cent final dividend with a dividend reinvestment plan and on-market buy-back.