WFRSF News and Press, Westfarmers Ltd From 10/02/20

West African Resources is Africa's newest gold producer, and is set to become one of the lowest-cost gold producers worldwide. The company reported new drill results from its high-grade M1 South deposit, which has the potential to add resources well below the current reserve base. ...

We're now more than two-thirds of the way through the Q2 Earnings Season for the Gold Miners Index ( GDX ), and the newest gold producer to enter the ranks is West African Resources ( WFRSF ). Despite one of the most challenging quarters ever to begin production, the company has navigated...

It's been a busy year for M&A in the gold ( GLD ) sector in Africa, with Endeavour Mining ( EDVMF ) making a run at Centamin Egypt ( CELTF ) earlier this year before deciding on Semafo Gold ( SEMFF ), and West African Resources ( WFRSF ) snapping up B2Gold's ( BTG ) Toega depo...

Investment thesis It’s rare for a gold miner to deliver a project ahead of schedule and under budget but there's a company in West Africa which seems set to achieve this in the near future. West African Resources (OTC: OTC:WFRSF ) built and commissioned its Sanbrado mine in Burkina ...

The gold price has been on a spectacular run over the last year, rising up from ~$1,330/oz to the current level of ~$1,657/oz. In fact, just before the yellow metal decided to take a breather of sorts, it managed to touch ~$1,688/oz, and for a brief moment, looked like it was poised to chall...

Most recently, the gold price has started to cool off a bit, after closing out the first month of 2020 trading at a very robust $1,584/oz. Currently, the yellow metal is sitting at ~$1,558/oz. Source: Goldprice.org Fortunately, as I covered in a previous article , for a company like...

The gold price looks to be gaining traction just as the markets begin a new year. In fact, the yellow metal is now trading firmly above $1,500/oz again, now at ~$1,556/oz. Further, as shown in the chart below for 2019, gold experienced a nice surge during the early part of the summer (from b...

After breaking out into the ~$1,530/oz range, over the last week or so gold has started to cool off a bit. Still, the yellow metal currently finds itself hovering around ~$1,500/oz, and this must be music to the ears of many aspiring gold producers. Source: Goldprice.org For the higher-q...

Although the spot price of gold continues to experience great difficulty breaking through and staying above the $1,300/oz mark so far in 2019, one company that is making noticeable progress this year is West African Resources ( WFRSF ), a gold developer (and near-term producer) currently const...