West African Resources Limited

WAF

AU000000WAF6

Gold

Market Closed - Australian S.E. Other stock markets 02:10:44 2024-04-26 am EDT			5-day change	1st Jan Change
1.315 ^AUD	+1.54%		+1.15%	+39.15%

Apr. 24	West African Resources Produces 57,000 Gold Ounces in Q1	MT
Apr. 24	Transcript : West African Resources Limited, Q3 2024 Earnings Call, Apr 24, 2024

West African Resources Limited Completes First Drawdown of USD 100 Million for Kiaka Construction

January 01, 2024 at 04:22 pm EST

West African Resources Limited announced that it has made its first drawdown under the USD 265 million secured loan facility from a fund managed by Sprott Resource Lending Corp. (Sprott) and Coris Bank International SA. WAF has received its first USD 100 million under the Facility to be used for the development of the Kiaka Gold Project in Burkina Faso and other corporate purposes.

Latest news about West African Resources Limited

West African Resources Produces 57,000 Gold Ounces in Q1	Apr. 23	MT
Transcript : West African Resources Limited, Q3 2024 Earnings Call, Apr 24, 2024	Apr. 23
West African Resources Hits Gold at Sanbrando Operations	Apr. 16	MT
Euroz Hartleys Adjusts West African Resources’ Price Target to AU$2.50 From AU$2.25, Keeps at Buy	Apr. 15	MT
West African Resources' Sanbrado Gold Operations 'Tracking Well' to Achieve 2024 Production Target	Apr. 04	MT
West African Resources Secures Mining Permit for Toega Deposit	Mar. 21	MT
West African Resources Hits Up to 133 g/t of Gold at Burkina Faso Operation	Mar. 14	MT
West African Resources's 2023 Profit Hits AU$165 Million, Maintains 2024 Gold Production Guidance	Mar. 14	MT
West African Resources Limited Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 13	CI
Transcript : West African Resources Limited - Special Call	Feb. 27
West African Resources Flags Lower Gold Production at Sanbrado Amid Reduced Ounces from Open Pit Mining; Shares Fall 13%	Feb. 05	MT
West African Resources Investigates Fatal Incident at Kiaka Project	Jan. 29	MT
West African Resources Produces 58,000 Gold Ounces in Q4, 2023	Jan. 24	MT
Transcript : West African Resources Limited, Q2 2024 Earnings Call, Jan 25, 2024	Jan. 24
West African Resources Produces 58,047 Gold Ounces in Q4 2023	Jan. 09	MT
West African Resources Draws Down $100 Million to Develop Burkina Faso Gold Project; Shares Rise 3%	Jan. 01	MT
West African Resources Limited Completes First Drawdown of USD 100 Million for Kiaka Construction	Jan. 01	CI
West African Resources Limited Appoints Ann Atkins as an Additional Company Secretary	Nov. 13	CI
West African Resources Produces 55,768 Gold Ounces in Q3	23-10-24	MT
West African Resources Eyes MoU With Orezone Gold	23-10-04	MT
Orezone Gold Corporation and West African Resources Enter into a Memorandum of Understanding	23-10-02	CI
West African Resources H1 Profit Declines, Maintains 2023 Gold Production Guidance	23-08-29	MT
West African Resources Limited Provides Production Guidance for the Year 2023	23-08-28	CI
West African Resources Limited Reports Production Results for the First Half of 2023	23-08-28	CI
West African Resources Limited Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-28	CI

Chart West African Resources Limited

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Company Profile

West African Resources Limited is an Australia-based international mining company. The Company is engaged in mining, mineral processing, exploration, project development, community and social sustainability, and rehabilitation within the West African country of Burkina Faso. It has two segments. Mining Operations segment comprises of the Sanbrado Gold Project operations located in Burkina Faso. Construction. Exploration & Evaluation (E&E) segment comprises mines under construction and exploration and evaluation projects in locations other than Sanbrado. The Sanbrado Gold Project is located approximately 90 kilometers (km) east-southeast of Ouagadougou, the capital of Burkina Faso. The Project covers an aggregate area of 116 square kilometers (km2). The Kiaka gold project is approximately 45 km south of West Africanâs flagship Sanbrado Gold Mine in Burkina Faso and 110 km southeast of the capital Ouagadougou. The Toega Gold Project is located 14 km from its Sanbrado gold operation.

Sector

Gold

Calendar

2024-05-09 - Annual General Meeting

Related indices

S&P/ASX 200

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Ratings for West African Resources Limited

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.315 AUD

Average target price

1.888 AUD

Spread / Average Target

+43.54%

Consensus

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Annual profits - Rate of surprise

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