EXPLORATION & DEVELOPMENT

West African's reserves pass 6Moz

LOOKING forward to a future re-rate will be Burkina Faso gold miner West African Resources as it today reported reserves of 6.4 million ounces and production doubling to 400,000oz per annum from the mid-2020s to the early 2030s.

The Sanbrado mine in Burkina Faso

The Sanbrado mine in Burkina Faso

WAF has an enterprise value of about A$800 million. Production guidance this year is from the mainstay Sanbrado operation is 210,000-230,000oz at all-in sustaining costs of less than US$1175/oz. ...

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