PRECIOUS METALS

West African Resources still discounted despite operational strength

West African Resources has signed off on a profit after tax of A$73.2 million for the half-year as its strong operational performance in Burkina Faso continues to ramp up post first gold being poured in March 2020.

Michael Quinn
 Sanbrado, Burkina Faso

Sanbrado, Burkina Faso

Operating cashflow for the half totalled $101 million and free cashflow $49 million. WAF is aiming to produce 250,000-280,000 ounces for the full year, meaning 130,000-160,000oz is required in the current...

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