Articles On West African Resources (ASX:WAF)

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...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((BKW)) - Brickworks ((KMD)) - KMD Brands ((360)) - Life360 ((NHC)) - New Hope ((TUA)) - Tuas ((WAF)) - West African Resources ((SOL)) - WH Soul Pattinson Check it out at...

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...

Sarama Resources is certainly in the right location for building the next major gold operation, having uncovered yet another mineralised area outside of the existing 2.9-million-ounce resource at its Sanutura Project in Burkina Faso. West A...

There was likely a spring in the step of S&P/ASX 200 Index (ASX: XJO) investors today as the market jumped higher. The index closed Thursday’s session 1.18% higher at 7,280.4 points. It followed a joyous session on Wall Street overni...

Fitch calls Year of the Rabbit as a prosperous one for miners in expectation of China’s reopening Materials stocks up 1.42%, taking five day gain to 6.75% Pilbara Minerals, Fortescue and Lynas among top performers   2023 has opened on a h...

The share market retreated for the first time in five sessions after Wall Street’s winning start to 2023 lost momentum. The S&P/ASX 200 declined 14 points or 0.19 per cent by mid-session. A loss today would be only the second in six...

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...