Articles On West African Resources (ASX:WAF)

With US tariffs now in effect on Mexico and Canada and the two countries plus China announcing retaliatory tariffs, equities remain under pressure. The first per capita quarterly increase in Australia’s GDP since Q4 2022 was also not eno...

The S&P/ASX 200 reversed its downward trend to advance 51.3 points, or 0.6%, to 8,535.3 points by the closing bell on Wednesday (12 February).   The index has climbed 1.41% over the past five days and sits 0.37% off its 52-week high....

The benchmark S&P/ASX 200 Index (ASX: XJO) delivered total gross returns of 11.44% last year, comprised of 7.49% capital growth and 3.95% dividends. With the month-long earnings season commencing this week, dividends are on investor...

The materials and energy sectors were the top movers on the ASX on Tuesday (14 January), with sentiment boosted by rising oil prices and strong imports by China. The S&P/ASX 200 closed up 39.10 points, or 0.48%, at 8,231 points. The...

The ASX opened in the green on Tuesday (14 January) reclaiming some of the ground it lost.  The S&P/ASX 200 rose 37.80 points, or 0.46%, to 8,229.70 points as of 10.30am AEDT. The index has lost 0.67% over the past five days, but is...

Gold prices are near record highs, but not all gold equities are made equal Early December quarter reports from ASX gold producers have been mixed We checked out the numbers from nine mid-tier gold miners   With prices circling record hig...

Goldman Sachs and Canaccord Genuity say lithium pricing will continue to be under pressure in 2025 What does that mean for ASX stocks? Benchmark sees 15% drop in previously forecast lithium supply in 2025, but supply growth will continue...

The S&P/ASX 200 Index (ASX: XJO) endured a tough Thursday session today, dampening some of the momentum we've seen on the share market this week.. By the time the closing bell rang, the ASX 20...

Spot gold continued in positive territory which has had a flow on effect for some of the bigger players. At the time of writing, the precious metal was selling for just under US$2,660 ($4,290) an ounce. State Street Global Advisers, w...

The ASX200 closed up 0.77% at 8,349 points. Annual headline inflation rose from 2.1 to 2.3 per cent, but core inflation fell from 3.5 to 3.2 per cent. Market traders have substantially increased their bets on a February rate cut, with on...

It was another pleasant day for the S&P/ASX 200 Index (ASX: XJO) and Australian investors this Wednesday. After tentatively rising all week, investors stepped on the buying pedal this hump day...

Highlights Cooling inflation boosts market confidence amid potential rate cuts. Financial heavyweights CBA and NAB rise over 2%, driving the ASX upward. Miners recover as key stocks like BHP and RIO rebound from recent losses. The...

Highlights  Core inflation drops, leading to a recovery in the ASX.  Miners show strong performance, while uranium stocks take a hit.  Avita Medical (AVH) downgraded revenue outlook, causing a sharp dip.  The Australian sharemarke...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is rising after the release of favourable monthly inflation data. At the time of writing, the benchmark index is up 0.5% to 8,328.7 points. Four ASX shares that are rising more than...

Highlights  Australian share market opens lower amid inflation concerns.  Avita Medical's guidance downgrade drives a sharp decline.  Mixed performance seen across key sectors and major companies.  The Australian share market expe...

The ASX opened lower today after US service sector data dampened the outlook for continued rate cuts. The S&P/ASX 200 edged back 19 points, or 0.23%, to 8,266.10 points as of 10.31am AEDT. Over the last five days, the index has gaine...

West African Resources (ASX:WAF) has increased its gold production for the December quarter of 2024 at the Sanbrado Gold Operation in Burkina Faso, with 51,178 ounces of gold.  During Q4 2024, gold production increased 7% compared to the...

Two WA-based gold miners battling regulatory headaches where they operate have teased a strong end to 2024.

West African Resources (ASX:WAF) hit the upper limit of its production expectations last year, according to an update from the December quarter, with full-year gold production of 206,622 ounces (oz) for 2024 from its Sanbrado Gold Operation...

S&P/ASX 200 Index (ASX: XJO) shares lifted by 7.49% in 2024 and delivered total gross returns, including dividends, of 11.44%. The index hit an all-time record high of 8,514.5 points on 3 December. There are 11 market sectors com...

ASX 200 gold shares had a phenomenal run last year as the commodity price soared to record levels. Although materials was the second-worst performing market sector last year, gold stocks were a shining exception to their mining industry...

Last year wasn't kind to BHP Group Ltd (ASX: BHP), Fortescue Ltd (ASX: FMG), and Rio Tinto Ltd (ASX: RIO) shares. All three ASX 200 mining shares sank deep into the red and weighed heavily on the performance of the ASX 200 index. But not al...

Mining shares are dominating the top 10 risers of the benchmark S&P/ASX 200 Index (ASX: XJO) today. ASX 200 gold shares and uranium shares feature prominently following lifts in their commodity prices. The S&P/ASX 200 Material...

Highlights  ASX experiences a decline following inflation concerns linked to proposed US trade tariffs.   Mining and materials sectors face pressure amid mixed signals from China and the US.   Leading uranium and gold miners witness n...

Concerns that US President-elect Donald Trump’s proposed tariffs on several countries including China could ignite inflation have prompted a retreat in markets.   The S&P/ASX 200 dropped 30.1 points, or 0.36%, to 8,265.9 points as of...

Here are 10 stocks rated ‘Strong Buy’ by brokers Mining, biotech and energy stocks top list Life360, West African Resources lead picks   The list of stocks below is compiled based on a report from Commsec, which averages the recommendatio...

Owners of Newmont Corporation (ASX: NEM) shares might be feeling a little disillusioned about how 2024 has treated this ASX gold mining stock.  Sure, Newmont shares have had a decent year on paper. Newmont started the year at $60.53 a shar...

The ASX was off the boil on Wednesday, mirroring the cautious approach from US investors as they wait to see what November’s Consumer Price Index (CPI) data suggests.  The S&P/ASX 200 dropped 22.4 points, or 0.27%, to 8.370.6 points...

After yesterday's hiccup, the S&P/ASX 200 Index (ASX: XJO) was back in form this Thursday, notching up a small win and pushing higher. By the time trading wrapped up, the ASX 200 had added a...

The Australian Securities Exchange (ASX) made only a marginal advance on Thursday (5 December) with trading subdued ahead of next week’s Reserve Bank of Australia meeting. The S&P/ASX 200 rose 12.30 points, or 0.15%, to 8,474.90 poin...

The Australian market edged slightly higher in early morning trade and crypto got a nice shot in the arm. The S&P/ASX200 shifted up 9.10 points, or 0.11%, to 8,471.70 points at 10.31am AEDT. The index has gained 0.32% over the past f...

The S&P/ASX 200 Index (ASX: XJO) endured a sell-off this Wednesday, ending the winning streak the index had been on this week. By the time the closing bell rang, the ASX 200 had retreated by...

The Australian Securities Exchange (ASX) is angling to beat its previous record, but today’s big winner was De Grey Mining (ASX:DEG) with a $5 billion all-scrip takeover offer from Northern Star Resources (ASX:NST). De Grey shares rallie...

Highlights Australian sharemarket sees tech sector leading gains, supported by strong US performance.   De Grey Mining (DEG) surges after a significant acquisition announcement.   Gold miners face pressure from a stronger US dollar im...

The S&P/ASX 200 Index (ASX: XJO) gained a respectable 3.8% in November, with no help at all from these three sliding ASX 200 shares. One is a casino operator. Another is a gold and copper miner. And the third is a uranium producer. Now,...

Argonaut has delivered its 2024 list of best undeveloped mining projects on the ASX Gold projects dominated followed by uranium, rare earths, and copper  Five projects based in Africa got a mention, as did another six in WA    The 2024 ed...

Highlights The S&P/ASX 200 Index declined after reaching a record high.   Energy and tech stocks led the losses on the ASX.   Gold miners gained as prices surged due to safe-haven demand.   The Australian stock market saw a...

Ukraine’s launch of long-range missiles into Russia also hit investor sentiment today, with the S&P/ASX 200 retreating.    The S&P/ASX 200 wiped off 47.70 points, or 0.57%, to close the session at 8,326.30 points on Wednesday (20...

The S&P/ASX 200 Index (ASX: XJO) endured a rough hump day session this Wednesday as investors pulled back from the record highs we saw on the index yesterday. By the closing bell, t...

ASX up as mining gains offset tech and bank losses Silex, Paladin and uranium stocks soar on supply squeeze Goldman cuts Aussie GDP forecast as US tariffs loom   After a soft start to the day, the ASX bounced back and closed the day 0.3% ...

It was an uplifting end to the trading week for the S&P/ASX 200 Index (ASX: XJO) this Friday, giving investors a nice sendoff to the weekend after a rough start to this week's trading....

China is set to release its industrial production numbers today (15 November), which ANZ says will set the tone for commodity markets. Copper, in particular, remained under pressure on expectations of a weaker outlook for China. ANZ a...

Australian employment growth was weaker in October, however ANZ analysts say it remains at levels consistent with inflation ultimately returning to the Reserve Bank of Australia’s 2-3% target. Employment grew by 15,900 in October compare...

Highlights  ASX slips as BHP and Paladin Energy stocks retreat. Commodities like iron ore and gold see further declines. Energy and gold stocks suffer as demand concerns rise. The Australian stock market continued its decline, wit...

Highlights  Mining and energy stocks weigh down the ASX 200 index Paladin Energy cuts production forecast, seeing a sharp decline in share value Block sees a significant rise, following gains in US trading The S&P/ASX 200 inde...

Highlights  ASX declines as mining, gold, and energy stocks see significant losses. Paladin Energy faces a sharp decline following reduced production guidance. Block experiences a strong rally amid gains in its US-listed shares....

West Africa is tainted with political turmoil but that hasn’t stopped explorers from hunting for minerals in the region  The region is the source of about half the gold produced on the African continent M&A activity in region gains mom...

Gold producer West African Resources (ASX:WAF) has uncovered thick, near-surface mineralisation during pre-production grade control drilling at its Kiaka Project in Burkina Faso. The maiden program returned hits including 18m @ 6.3 grams...

The Reserve Bank of Australia (RBA) has kept interest rates on hold at 4.35% pointing to underlying inflation remaining too high and an uncertain outlook.   Saxo Bank Asia Pacific Chief Investment Strategist Charu Chanana says the RBA re...

Highlights    ASX200 declines 0.4% as Reserve Bank holds rates steady. Financial, IT, and Energy sectors experience notable drops. Domino’s, FireFly Metals, and West African Resources face stock price declines amid company-specific d...