PRECIOUS METALS

Softer quarter for steady West African at Sanbrado

GOLD production was down and costs were up for West African Resources’ March quarter, but the unhedged producer continued to rake in the cash from its flagship 90%-owned Sanbrado operation in Burkina Faso.

Sanbrado

Sanbrado

The first quarter saw it generate A$57 million of operating cashflow, topping its treasury up to $212 million, plus 16,580oz of bullion, after what was always expected to be a softer quarter.   March...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.