West African Resources Ltd

West African Resources (ASX: WAF) is confident it can continue to build on its strong 2024 result, with construction at its Kiaka gold project in Burkina Faso nearing completion. Releasing the company’s 2024 annual report, chief executive officer Richard Hyde said the next 12 months would be integral to progressing West African’s gold production aims, […]

Burkina Faso, one of Africa’s leading gold-producing countries, is reported to be considering removing mining permits from some foreign investors. Already considered one of the more politically risky West African nations, Burkina Faso’s military junta is reportedly planning to take over mining operations at a number of projects. Reuters has reported that junta leader Ibrahim […]

Australian junior West African Resources (ASX: WAF) is among several mining companies closely watching the Burkina Faso government’s release of a new mining code. West African executive chair and chief executive officer Richard Hyde said key changes under the new mining code include increasing the government’s free-carried equity interest in mining projects from 10% to […]

A feasibility update for West African Resources’ (ASX: WAF) US$447 million Kiaka gold development in Burkina Faso has incorporated a 7% increase in average annual gold production over the life of the mine to 234,000 ounces. The new production figure replaces the 219,000oz of production stated in the original feasibility study released in August 2022 […]