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Gold stocks rallied from oversold levels to a 7.87% gain for the NYSE Arca Gold Miners Index and a 13.21% advance for the MVIS Global Junior Gold Miners Index. Gold is clearly responding to inflationary pressures. However, this has been offset by a belief in the market that tighter Fe...
B2Gold (BTG +1.6%) agrees to sell Volta Resources, the holder of an 81% interest in the Kiaka gold project in Burkina Faso to West African Resources (OTCPK:WFRSF), in a cash-and-stock deal valued at more than $90M. According to the deal terms, $45M will be payable on the closing of the K...
West African Resources Limited (OTCPK:WFRSF): Q2 Gold revenue rose to A$133.68M, compared to A$132.32M in Q1 2021. The company said gold production increased by 14% to 63,610 ounces at an all-in sustaining cost of US$928/oz. Unhedged gold sales of 56,852 ounces at an average price of US$1,810...
West African Resources Limited (WFRSF) Q2 2021 Earnings Conference Call July 26, 2021, 07:00 PM ET Company Participants Richard Hyde - Executive Chairman and CEO Padraig O'Donoghue - CFO Conference Call Participants Presentation Operator [Abrupt Start] webinar for its June 2021 quarterly acti...
Fortuna Silver Mines and Roxgold have agreed to combine. Fortuna has operations in Mexico and Argentina, while Roxgold operates in West Africa. There appear to be no synergies, and I'm having a hard time understanding the move. This may be a wasted opportunity for both compani...
West African Resources released its Q4 and FY2020 results last month, reporting record quarterly gold production of 50,300~ ounces at declining costs. The Sandbrado continues to see higher head grades with a further list in Q4, with underground tonnes mined more than doubling on a seq...
West African Resources reported another solid quarter in Q3 with revenues up more than 100% sequentially and gold production over 40% from Q2 levels. The African mid-tier producer introduced its first underground stoping ore to the mill in September and should see production ramp furt...
The year is nearing a close, and it's also worth paying attention to how miners performed versus last year's results. This exercise allows investors to see which companies are under-promising and over-delivering, and which ones have a difficult time meeting their targets. In this ...
Rupert showed why Pahtavaara could be the best development-stage gold project in Europe. Roxgold delivered bonanza-grade gold drill results from Yaramoko. West African Resources continued to impress at Sanbrado with 15.5m @ 20.5 g/t Au. For further details see: Best Dril...
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. ...