Articles On West African Resources (ASX:WAF)

Futures predict that the ASX will begin the day higher, driven by a strong start to the week in New York, Asian, and European share markets. On home soil, the Aussie dollar has risen by 0.5 per cent to 64.29 US cents, and RBA Governor Mi...

  Shares in Resolute Mining surged today after the West African gold stock swung from a US$25m loss to an US$88m profit in the first half The bullion producer is up almost 70% YTD West African Resources and Perseus Mining also ran higher o...

‘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 ASX All Ordinaries (ASX: XAO) Index has had a pretty rough month. Since mid-July, the All Ords has fallen by more than 1.15%. So it will come as no surprise that we’ve seen a few All Ords shares hit new 52-week lows over the past few w...

Gold miners have fallen behind battery metals producers as the go-to stock for mining investors While returns are lagging they say the environment for higher gold prices is emerging Evolution Mining’s Jake Klein says gold should surge abov...

A gold explorer confident it’s on the way to delivering the African continent’s next Tier-1 gold mine says investors continue to sleep on the bountiful region despite years of success from western gold miners. Two of Australia’s top-perform...

The S&P/ASX 200 (INDEXASX: XJO) opened modestly positive on Monday. Here’s what you missed from inside the ASX 200 last week. On Friday afternoon, Australian shares experienced turbulence alongside Asian markets due to the Bank of Japan...

ASX gold shares are lower on Friday following a fall in the gold price overnight. The US dollar and bond yields strengthened and this weighed on the yellow metal. However, the gold price is rebounding in early trading this afternoon. It...

Mid-tier goldies Westgold and Ramelius are seriously outperforming the GDX this year We spoke to MDs Wayne Bramwell and Mark Zeptner on why they’ve performed so well in 2023 In the past five years the Australian gold sector has become, in...

Andrew and Nicola Forrest split won’t affect Fortescue control, iron ore miner says St Barbara reports strong end to 2023 as Gwalia passes to new owners Gold miners surge, up 51% in a year, as US CPI print gives hope for end to rate hikes...

Canadian explorer Toubani Resources (ASX:TRE) jumped ship to the ASX late November last year with the advanced 3.1Moz Kobada gold project in Mali. This 4.5km-long resource ticks some important boxes; it is shallow, oxide dominant (softer or...

West African Resources (ASX:WAF) reports it is now ‘fully funded’ to bring its Kiaka Gold Project in Burkina Faso into production with a US$265 million loan facility.  The company has mandated financiers Sprott Resource Lending and Coris Ba...

West African Resources (WAF) is fully funded to first gold at its Kiaka gold project in Burkina Faso, West Africa The company secured a US$265 million (A$400 million) loan facility to accelerate the development of the project The comp...

There were 432,000 job vacancies in May 2023 – 9,000 less than in February. The Australian Bureau of Statistics this morning revealed the two per cent drop, marking the fourth consecutive quarterly fall in available jobs. However, whi...

It was a negative start to the trading week this Monday for the S&P/ASX 200 Index (ASX: XJO). After a horror end to the trading week last week, the ASX 200 has kept up this negative sentiment today. By market close, the index had...

The S&P/ASX200 closed higher Friday 9 June, gaining 22.80 points or 0.32% to 7,122.50, heading above its 200-day moving average. Nickel Industries (ASX:NIC) was a standout. The company soared 13.29% to a 7-week high of $0.98 following a...

The S&P/ASX 200 Index (ASX: XJO) traded in the green on Friday, closing the week 0.32% higher at 7,122.5 points. That sees it 0.32% lower week-on-week. Today’s gains came on the back of a strong session on Wall Street overnight. The...

The S&P/ASX 200 Index (ASX: XJO) struggled in Wednesday’s session, falling 0.63% to close at 7,213.8 points. That was despite a strong performance from the S&P/ASX 200 Energy Index (ASX: XEJ), which lifted 0.7% on the back of ri...

The S&P/ASX 200 Index (ASX: XJO) moved in and out of the red on Monday, eventually closing 0.14% higher at 7,267.1 points. Driving its gains was the S&P/ASX 200 Materials Index (ASX: XMJ). It jumped 0.8%, with gold stocks among its...

Gold miners bite nails as US Fed rate decision approaches Higher rates are bad for gold, with severity of hike to impact bullion’s near-term price Chalice drills hard at Julimar   Gold miners will be looking over their shoulders overnight...

Wednesday proved a rough day for the S&P/ASX 200 Index (ASX: XJO). It fell 0.96% to close at a four-week low of 7,197.4 points. The market’s suffering followed a surprise interest rate hike from the Reserve Bank of Australia yesterd...

Aussie Google searches for ‘how to buy and gold and silver’ at 12 year highs Reporting season: Wednesday small cap standouts: GBM Resources, Ora Banda Mining Our Gold Digger column wraps all the news driving ASX stocks with exposure to pr...

Miners plunge into red as lithium and iron ore stocks tank Gold stocks bucked the trend, up 1.62% across the All Ords sub-index and more than 26% so far this year Westgold and West African report decent quarterly results   Lithium and iro...

After starting off deep in the red, the S&P/ASX 200 Index (ASX: XJO) regained some ground to close 0.08% lower at 7,316.3 points. Its wobbly performance came amid the release of the latest Australian consumer price index (CPI) data, co...

ASX 200 gold shares are leading the market on Wednesday as investors plough more funds into the traditional safe-haven assets of the share market. A softer United States currency is one factor behind renewed interest in gold stocks this...

West African Resources’ position as an unhedged gold producer is helping it reap the benefits of rising prices for the precious metal.

The S&P/ASX 200 Index (ASX: XJO) ended the week on a high, rising 0.51% to finish the session at 7,361.6 points – its highest close since early March. That also leaves it 1.98% higher week-on-week. It followed a strong session over o...

The Silver Lake Resources (ASX: SLR) share price is the best-performing ASX 200 share of the day so far, climbing 7.3% in late afternoon trading to $1.35. With no news from the ASX gold miner today, we can put this down to rising commodit...

The S&P/ASX 200 Index (ASX: XJO) lifted on Wednesday, rising 0.47% to close at a five-week high of 7,343.9 points. It followed a mixed session on Wall Street overnight. The Dow Jones Industrial Average Index (DJX: .DJI) rose 0.3%, whil...

West Africa’s golden allure has attracted many an ASX explorer over the years, and recent examples show there are riches to be found for those who get it right. The present-day ASX poster child for West African exploration success is, well,...

The ASX 200 will open slightly higher on Tuesday Tesla to expand in China to produce mega batteries Aussie Brian Hood sues ChatGPT for defamation   The ASX is set for a modest opening on Tuesday after a mixed session in New York. At 8am A...

Gold broke through the psychological US$2000/oz barrier for the first time since March 2022 Argonaut’s George Ross says bullion is back at super high levels, with investors excited to see just how high prices can go as safe haven demand ra...

The S&P/ASX 200 Index (ASX: XJO) lifted higher on Tuesday, rising 0.18% to close at 7,236 points. Its gains came as the Reserve Bank of Australia (RBA) put a pause on rate hikes this afternoon, leaving the cash rate at 3.6%. It comes a...

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The global banking crisis has sent gold prices past $3000/oz in Australian dollar terms for the first time in the past week. And while they have struggled to push through those levels, facing resistance at the critical US$2000/oz mark ($297...

Gold prices surge 3% on bank fears, threatening US$2000/oz This week’s rate decision by the US Fed could weigh on gold after prices broke through Australian dollar record $2900/oz Ramelius down on Breaker deal, Tietto up after commissionin...

UK-based Simon Popple was making good money in his 30s as a director at one of the world’s largest private property companies. At the time, he assumed his growing pension fund would set him up for a comfy retirement. “Fortunately, twelve ye...

The S&P/ASX 200 Index (ASX: XJO) regained some of its Monday losses today, closing 0.47% higher at 7,258.4 points. Leading the charge were energy stocks, with the S&P/ASX 200 Energy Index (ASX: XEJ) gaining 1.5% with the Woodside E...

A tentative global rebound helped the Australian share market trim a losing month as the domestic earnings season drew to a close. The S&P/ASX 200 rose 33.6 points or 0.47 per cent this afternoon. The rally lifted the index off a six...

The share market climbed off a six-week low after northern-hemisphere markets rebounded from last week’s plunge. The S&P/ASX 200 rallied 41 points or 0.57 per cent by mid-session. With three hours left to trade, the index was on trac...

Mining and engineering services firm Lycopodium (ASX:LYL) has generated revenue of $159.9 million and net profit after tax (NPAT) of $20 million for the 6 months to 31 December 2022. Perth-headquartered Lycopodium reports that with a robust...

The S&P/ASX 200 Index (ASX: XJO) posted another loss on Tuesday, falling 0.46% to close at 7,504.1 points. Seemingly weighing on the market was the Reserve Bank of Australia’s (RBA’s) move to hike the nation’s benchmark interest...

The share market pushed towards a fifth straight weekly advance as gains in banks and a 52-week high in CSL helped offset mining losses.   The S&P/ASX 200 rallied 23 points or 0.31 per cent by mid-session. The advance boosted the...

Gold Road boss Duncan Gibbs says rampant inflation impacting mining sector may have past a peak But miners continue to miss or update cost guidance citing fuel, labour and explosives costs West African sets 2023 guidance as Aeris, Panorami...

The share market logged its longest run of weekly advances since August after wholesale inflation cooled and Wall Street welcomed signs of economic resilience in the face of interest rate rises. The S&P/ASX 200 rallied 25.5 points or...

Positive leads from Wall Street and strong trading updates from Fortescue Metals and Origin Energy helped power the share market to a fresh nine-month high. The S&P/ASX 200 climbed 30 points or 0.4 per cent to 7498 by mid-session....

Copper prices have performed strongly since China ended its Covid-Zero policy But Capital Economics thinks they may have run too fast, predicting a tough few months as reality catches up with expectation Miners slide, with gold miners hit...

The ASX finished marginally lower before the Australia Day break Aussie inflation came in at 7.8%, higher than predicted Gold stocks fell broad based   The ASX dropped 0.10% on Wednesday as Australia’s inflation rate shot to a 33-year hig...

11 producer quarterlies ranked from goodest to ‘don’t look down’ Eight gold miners and others on the bill with MinRes, Newcrest, St Barbara, West African among those reporting December performance It’s quarterly season, in case you haven’...

The share market inched to a new eight-and-a-half-month high as a strong start to the year continued. The S&P/ASX 200 rose seven points or 0.1 per cent to 7393.4. Buying in the closing auction helped avert the first back-to-back loss...