Articles On West African Resources (ASX:WAF)

The Australian share market pared its annual loss following a rebound on Wall Street on hopes for smaller interest rate hikes in 2023. The S&P/ASX 200 rebounded from three days of falls, rising 32 points or 0.45 per cent by mid-sessi...

Experts see gold approaching US$2000/oz in 2023 after holding up remarkably well against the rate hikes of 2022 Martin Place Securities says currency weakness will prompt buyers to turn to gold as a safe haven Argonaut’s Eddie Rigg gives h...

The S&P/ASX 200 Index (ASX: XJO) bounced back from yesterday’s chaos today. The index closed 1.3% higher at 7,115.1 points. Leading today’s gains on the Aussie bourse was the S&P/ASX 200 Utilities Index (ASX: XUJ). It rose 3.8%...

West African Resources (WAF) has intercepted 25 metres at 90 grams per tonne (g/t) gold from 353 metres at its M1 South resource in Burkina FasoThe “outstanding” results include six metres at 344.03 g/t goldWAF Executive Chairman Richard Hy...

West African Resources (ASX:WAF) reports it has found consistent ‘high-grade’ gold intercepts from resource definition drilling at the M1 South inferred resource within the Sanbrado Gold Operations in Burkina Faso. The company, which is the...

The S&P/ASX 200 Index (ASX: XJO) spent a second consecutive day in the green on Wednesday. At the end of today’s session, the index was 0.7% higher at 7,251.3 points. So, what was its top performing sector? It was none other than the...

Local shares finished higher ahead of the Fed rates call tonight Energy and gold stocks led Binance sees massive withdrawals   Local shares joined Wall Street in the green, up by 0.60%, as traders await the Fed’s rates decision later toni...

Australian shares closed at their highest in a week as cooling inflation in the US steadied nerves ahead of likely rate rises in the US, Europe and the UK. The S&P/ASX 200 rallied 48 points or 0.67 per cent to 7251. Highly-geared...

The share market pushed to its highest in a week after a positive end to a volatile session on Wall Street amid signs inflationary pressures were easing. The S&P/ASX 200 climbed 26 points or 0.36 per cent by mid-session. The index pu...

The S&P/ASX 200 Index (ASX: XJO) had another shocker today, notching up its third loss in a row for the week. The index finished up at 7,175.5 points, down 0.75% for the day. Since Monday, the ASX 200 has already lost a nasty 2%. These...

Highlights The ASX 200 benchmark index closed in the red today (December 8), losing 46.40 points or 0.64% to end at 7,183.00 points. Over the last five days, the index has lost 2.33% and 3.00% over the last 52 weeks. Utilities was the...

Australian shares closed at a two-and-a-half week low amid a slowdown in consumer spending and as recession worries mounted in the US. The S&P/ASX 200 dropped 54 points or 0.75 per cent to 7175.5. The Australian benchmark has fallen...

The share market fell to a two-and-a-half week low after recession worries dragged Wall Street to a fifth straight loss. The S&P/ASX 200 dropped 44 points or 0.61 per cent in early-afternoon trade as a dour week continued. The Austra...

The share market retreated after the Reserve Bank raised its benchmark rate and indicated further increases were likely. The S&P/ASX 200 declined 34 points or 0.47 per cent to 7291. Weak leads from Wall Street pushed the market un...

The S&P/ASX 200 Index (ASX: XJO) hit a near 7-month high on Thursday amid comments from United States Federal Reserve chair Jerome Powell. The index closed 0.96% higher at 7,354.4 points. Powell indicated the United States central bank...

Rio Tinto’s top economist says demand for its metals will increase 25% by 2035 on green energy transition As it mulls investment decision at Simandou, Rio boss Jakob Stausholm says large scale M&A would be “really, really sad” Miners t...

The ASX 200 scaled a seven-month high as the prospect of a slowdown in US interest rate hikes sparked a global rally in equities. The Australian benchmark touched 7375, its strongest reading since early May, before paring its rise to 70...

The share market scaled its highest level since May after energy prices rebounded and Wall Street rallied ahead of tomorrow’s Thanksgiving holiday. The S&P/ASX 200 traded as high as 7246.6 before paring its gain to 50.5 points or 0.7...

The share market cruised to a near six-month high after Wall Street rallied ahead of the Thanksgiving break and commodity markets shrugged off China Covid worries.   The S&P/ASX 200 climbed 50 points or 0.7 per cent to 7230. Today’s...

Wall Street’s best night since 2020 fuelled strong gains on the ASX, powering the benchmark to its highest level since June. The S&P/ASX 200 rallied 163 points or 2.33 per cent by mid-session. The rally followed huge gains in the US...

The S&P/ASX 200 Index (ASX: XJO) surpassed a major milestone for the first time in nearly two months today. The index lifted 0.58% to close at 6,999.3 points. However, it reached a high of 7,012.4 in intraday trade, marking the first...

ShareCafeMaterials leads market higher: ASX up 0.6% at close by Peter Milios   Materials is the strongest sector by far in today’s trading. This was due to the initial possibility that China would begin to ease COVID restrictions. As such,...

The S&P/ASX 200 Index (ASX: XJO) was driven higher by mining shares on Monday. The index gained 0.6% to close at 6,933.7 points. The iron ore price has also had a green run, as my Fool colleague Bernd reports. Rumours China could be ab...

Australian shares rose for a second day as Asian markets shrugged off weak Chinese trade data and attempts by Chinese health authorities to hose down talk of relaxing Covid restrictions. The S&P/ASX 200 rallied 41 points or 0.6 per c...

Inflation, labour shortages, Covid and ageing assets are seeing costs climb across the ASX gold sector We pared through ASX quarterlies this month to find some of the industry’s top performers on costs in the September quarter If you spen...

S&P/ASX 200 Resources index drops 0.6% led by battery metals miners FMG, South32 in the green as miners await US CPI and China Covid policy news Second WA mine worker dies onsite this week   The S&P/ASX 200 Resources index fell 0....

The S&P/ASX 200 Index (ASX: XJO) closed in the red after spending most of today in the green. The index ended Thursday’s trade 0.07% lower at 6,642.6 points. Only one of the market’s sectors posted a notable gain today. The S&P/ASX...

The S&P/ASX 200 Index (ASX: XJO) posted its best performance in more than two years on Tuesday. The index closed 3.75% higher at 6,699.30 points. The gain came amid news that the Reserve Bank of Australia hiked interest rates by 0.25%...

ASX 200 starts October with a rise of ahead of the RBA decision tomorrow Energy and Utilities gain, while Tech slumps Oil surges 3% in Asian hours on OPEC+ rumours   Local shares had a mixed day to start the month off, with the ASX 200 fi...

It’s a public holiday in many Australian states today, but that hasn’t stopped the ASX share market from opening. Typically, the ASX only closes on national public holidays, such as Good Friday, ANZAC Day, and Christmas.  So, you’re still...

The S&P/ASX 200 Index (ASX: XJO) dumped most of Thursday’s gains today. The index closed 1.23% lower at 6,474.20 points. That saw it posting a 1.53% week-on-week tumble and a 7.34% fall for the month of September. Today’s suffering fo...

Highlights The Australian share market opened lower on Wednesday. The ASX 200 index opened 19.80 points, or 0.29% lower at 6,786.60. The benchmark has shed 0.62% in past five days. The Australian share market opened lo...

Archaeological discoveries suggest gold has been a feature of life and culture in South Africa for over a Millennium. But the modern history of gold is intrinsically linked with the discovery of the Witwatersrand Basin in 1886. Once an inla...

Negative leads from Wall Street helped drive Aussie stocks lower as several banks forecast another jumbo rate hike next month following Reserve Bank Governor Philip Lowe’s appearance this morning before a parliamentary committee. The S&a...

The share market suffered its biggest setback in three months after unexpectedly hot US inflation data forced investors to reassess the outlook for interest rates. Equity markets from Europe through to Asia turned sharply lower as risk a...

The share market skidded towards its worst loss since June after stubbornly high US inflation data bolstered the case for much higher rates by year-end. The S&P/ASX 200 tumbled 172 points or 2.46 per cent by the halfway mark. Just tw...

The S&P/ASX 200 Index (ASX: XJO) edged higher on Monday following last week’s horror 3.88% tumble. The index closed today’s trade 0.34% higher at 6,852.20 points. The S&P/ASX 200 Energy Index (ASX: XEJ) provided a major boost t...

The share market steadied on the eve of an increase in interest rates as a US market holiday and a rebound in key commodities encouraged buyers. The S&P/ASX 200 bounced 23.5 points or 0.34 per cent from Friday’s five-week low. Gai...

A rebound in resource stocks helped the share market weather weak overseas leads ahead of a likely rate rise tomorrow. The S&P/ASX 200 bounced nine points or 0.12 per cent from Friday’s five-week low.   Gains in the energy and mat...

Sarama Resources is working hard to grow its existing multi-million-ounce resource, with a large +50,000m drilling program at its Sanutura project in Burkina Faso continuing to expose the high-grade gold riches close to surface. Drilling at...

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Tuesday was another rough session for many S&P/ASX 200 Index (ASX: XJO) shares as the index traded in the red for a second consecutive day. The ASX 200 closed 1.21% lower at 6,961.8 points today. That was despite a strong performance...

‘Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director, and responsible executive at Perth-based financial services pr...

The S&P/ASX 200 Index (ASX: XJO) defied its earlier downturn to close higher after the Reserve Bank of Australia (RBA) lifted interest rates for a fourth consecutive month. The index was 0.07% higher at 6,998.10 points at Tuesday’s c...

The S&P/ASX 200 Index (ASX: XJO) enjoyed a second day in the red on Wednesday despite materials shares weighing on the market. The index was 0.23% higher at 6,823.20 points at today’s close. That was despite news Australia’s consu...

Nickel prices crossed the psychologically significant US$20,000/t mark overnight lifting the sector, as a fleck of optimism around China’s property market reinvigorated base metals. Nickel recorded a large 6.5% bounce to hit US$20,652/t, li...

Shares in West African Resources rose after the Burkina Faso-focused gold miner posted a solid June quarter results with only a modest increase in operating costs.

Emerging gold miner Calidus up after announcing transition to steady state production New bullion producer has turned out almost 9000oz of gold bars since May New gold producers were some of the best performing gold stocks on the ASX last...

West African Resources (WAF) intercepts 5.3 grams of gold per tonne in first-pass drilling at its MV3 prospect in Burkina Faso The company has drilled a total of 68 holes for 8329 metres at the prospect to date, with results now released f...

ShareCafeEvening Report: 25 May, 2022 by Lauren Evans   The Aussie sharemarket held onto its gains today thanks to a rally in gold miners, major banks and consumer staples while most sectors ended the day slightly up. This came after renewe...