West African Resources Ltd (AU:WAF) has released an update.
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West African Resources Ltd announces a steady outlook with 2024 gold production guidance maintained at 190,000 – 210,000 ounces and costs below $1,300/oz, alongside an increase in Kiaka Ore Reserves to 4.8 million ounces, contributing to a 4% rise in total Ore Reserves to 6.4 million ounces. The company projects an average annual gold production of 480,000 ounces from 2026 to 2031, with a peak in 2030 at nearly half a million ounces. This growth is part of a broader 10-year strategy set to yield 4.2 million ounces of gold.
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