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West African Resources Ltd ( (AU:WAF) ) has shared an update.
West African Resources Limited has announced significant progress in the development of its Kiaka Gold Project in Burkina Faso, with key milestones achieved in mining and construction activities. The company has completed the construction of the ROM pad, the crushing circuit, and the wet plant, with mining operations ramping up and first gold production on track for Q3 2025. This development positions West African Resources to significantly increase its annual gold production, enhancing its industry standing and offering potential benefits to stakeholders.
The most recent analyst rating on (AU:WAF) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on West African Resources Ltd stock, see the AU:WAF Stock Forecast page.
More about West African Resources Ltd
West African Resources Limited is a company operating in the gold mining industry, focusing on the development and production of gold resources. The company is primarily engaged in mining operations in West Africa, with a significant project at the Kiaka Gold Project in Burkina Faso.
YTD Price Performance: 74.91%
Average Trading Volume: 4,067,395
Technical Sentiment Signal: Buy
Current Market Cap: A$2.86B
For an in-depth examination of WAF stock, go to TipRanks’ Stock Analysis page.