Articles On West African Resources (ASX:WAF)

Highlights Mining sector leads ASX rise, supported by higher iron ore and gold prices. WiseTech and Mineral Resources see significant declines due to corporate issues. Nick Scali reports impact of higher freight rates on profit margin...

You're unlikely to hear any long-term investors in DroneShield Ltd (ASX: DRO) shares complaining about their returns. Shares in the S&P/ASX 300 Index (ASX: XKO) drone defence company are marching higher again today, up 2.1% at $1.05....

Highlights ASX index rises due to strong performance in materials and healthcare sectors.  WiseTech drops after controversy involving its founder. Mineral Resources faces pressure after tax investigation reports.  The Australian...

Following in its more popular cousin’s footsteps, silver is making moves and with a weak AUD/USD exchange rate, has hit $50 an ounce. The precious metal is currently fetching just under US$34 an ounce, which translates to just over $50 a...

S&P/ASX 300 Index (ASX: XKO) lithium stock Wildcat Resources Ltd (ASX: WC8) is charging higher today. Wildcat shares closed yesterday trading for 36 cents. In morning trade on Tuesday, shares are swapping hands for 38.5 cents apiece,...

If you have a high tolerance for risk, then read on! That's because analysts at Bell Potter have just named two ASX mining stocks as speculative buys with huge upside. Here's what the broker is saying about these stocks: Chalice Mining Ltd...

The S&P/ASX 200 Index (ASX: XJO) enjoyed a strong start to the week's trading this Monday. After staying in green territory all session, the ASX 200 ended up clocking a 0.47% rise to...

DroneShield Ltd (ASX: DRO) shares are slipping today. Shares in the S&P/ASX 300 Index (ASX: XKO) drone defence company closed Friday at $1.215. At the time of writing, they are changing hands for $1.207 apiece, down 0.7%. For som...

WA Gold miner Regis Resources (ASX:RRL) has joined what could be a growing trend – a weakness in output in the three months to September mitigated by record high prices for the metal. It’s only three so far – one in Africa (Far West African...

DroneShield Ltd (ASX: DRO) shares have been on wild but successful ride this year. Despite pulling back materially from July's record high, the counterdrone technology company's shares are up almost 250% since the start of the year. Unfortu...

Argonaut upgrades gold forecasts by 11-35% over the next five years, tipping a US$3000/oz peak in 2026 Ramelius, Bellevue, Ora Banda and Spartan see upgrades Turaco Gold initiated by WA brokerage as a spec buy   Argonaut lifts bets on gol...

The S&P/ASX 200 Index (ASX: XJO) is close to an all-time high, as shown on the chart below. But that doesn't mean there aren't undervalued ASX shares to find. There are a few ways to show that an ASX share is cheap, in my view....

The S&P/ASX 200 Index (ASX: XJO) is having a much better session on Wednesday. In afternoon trade, the benchmark index is up 0.6% to 8,224.9 points. Four ASX shares that are rising more than most today are listed below. Here's why they...

ASX dividend stocks can be a great choice for passive income because they can pay large dividends, grow dividends, and deliver share price growth. There are not many ASX shares that I'd want to buy for a high dividend yield because the...

Shares in gold miner West African Resources (ASX:WAF) jumped more than 10 per cent at one stage on Tuesday after it said its Burkina Faso mine would not be hit by a change in mining laws that emerged over the weekend. At the same time, the...

Mining stocks were both the biggest winners and losers on Tuesday (8 October) as the S&P/ASX200 closed lower, slipping 28.50 points or 0.35% to 8,176.90.  The index has lost 0.39% for the past five days and sits 1.31% below its 52-we...

The S&P/ASX 200 Index (ASX: XJO) had a fairly miserable session this Tuesday, taking a step back after yesterday's strong start to the trading week. By the time the market closed up sh...

Goldman puts faith in mid-tier Australian goldies as valuations trail record spot price Regis dropped to sell on growth worries, valuation, but prices are now running beyond cost inflation as reporting season approaches Reactions from arou...

The S&P/ASX 200 Index (ASX: XJO) is having a subdued session on Tuesday. In afternoon trade, the benchmark index is down slightly to 8,201.9 points. Four ASX shares that are not letting that hold them back are listed below. Here's why...

Highlights ASX rises as mining stocks gain on China stimulus hopes. BHP and Rio Tinto see growth amid rising iron ore prices. Energy stocks benefit from increased oil prices due to Middle East tensions. The Australian sharemarket...

Talk about a bounceback. After West African Resources (ASX:WAF) shares were slaughtered on Monday, Tuesday has seen shares jump nearly +10% to $1.47/sh. That slaughtering of shares came after the current President of West African nation...

If you want some exposure to the sky-high gold price, then it could be worth hearing what Goldman Sachs is saying about the ASX stocks in this article. It has just named three ASX gold stocks as buys and downgraded two others. Which ASX gol...

West African Resources says the Burkina Faso government has told the company its mining permit is safe, but investors are not fully convinced.

Akora Resources (ASX:AKO) has reported the mining minister of Madagascar, Dr. Olivier Rakotomalala, expressed his support for the company’s Bekisopa iron ore project in late September. According to Akora, the support was expressed after...

Highlights ASX200 ended the day up 0.68%, nearing record levels. Big four banks and IT sector led market gains. Arcadium Lithium surged 45% after takeover news. The ASX200 index closed up 0.68% at 8,205 points, inching closer to a...

The ASX200 has closed up 0.68% at 8,205 points and within striking distance of a new record. The big four banks performed strongly and drove the overall market higher. Westpac (ASX:WBC) charged up 2.2%, National Australia Bank (ASX:NAB)...

West African Resources dives on Burkina Faso Junta mining permit cancellation threat BMI has revised down its nickel price forecast from US$18,000/t to US$17,300/t for 2024 Rio sets eyes on Arcadium and Sayona, Piedmont both rise on positi...

Highlights ASX nears record highs, fueled by gains in tech and financial stocks. Arcadium Lithium surges 46% following takeover talks with Rio Tinto. Mining and energy sectors see mixed performance as global commodity prices shift....

ASX rises as banking and tech sectors lead gains Arcadium Lithium surges on potential acquisition by Rio Tinto Retail groups urge Reserve Bank to cut rates ahead of holiday sales   The ASX200 index rose by 0.7% on Monday though investors...

West African Resources Ltd (ASX: WAF) shares are having a day to forget on Monday. In afternoon trade, the ASX 200 gold stock is down 16% to $1.39. This is an improvement from earlier in the day when the African-focused gold miner's shares...

ASX All Ords stock GQG Partners Inc (ASX: GQG) has started the week in the red and is currently 2.5% lower at $2.53 at the time of writing. Today's moves follow GQG's September funds under management (FUM) update, which, despite the sha...

Shares in West African Resources have plunged on Monday morning after Burkina Faso’s junta leader proclaimed he will strip mining permits from foreign companies.

The S&P/ASX 200 Index (ASX: XJO) is having a positive start to the week. At the time of writing, the benchmark index is up 0.4% to 8,180.6 points. Four ASX shares that are failing to follow the market higher today are listed below. Her...

Traditionally, September is a weak month for ASX shares, but that wasn't the case this year, with the S&P/ASX 200 Index (ASX: XJO) rising strongly by 2.2%. Meantime, the national median dwelling value increased for a 20th consecutiv...

Liontown Resources rises as it reports ‘premium price’ on maiden spodumene sale Rio Tinto sees small RBC upgrade after North American site visits, with Champion Iron also entertaining the sell-side in Canada Canberra analysts, again, forec...

The S&P/ASX 200 Index (ASX: XJO) has been on form this year and has recorded a solid gain. Since the start of the year, the benchmark index has risen 8.2%. And this doesn't include the dividends that have been paid during the period....

It was yet another down day for ASX shares and the S&P/ASX 200 Index (ASX: XJO) this Wednesday. After initially rising this morning, investors were overcome with pessimism as the trading day w...

The ASX set another new closing high on Friday (20 September), taking some of the gold miners with it but leaving uranium and lithium miners behind.  The S&P/ASX 200 hit an intra-day record of 8,246.2 points before paring some of tho...

Materials was the strongest performing sector on Thursday (19 September), as the ASX continued to notch new records. The S&P/ASX 200 hit a new closing high of 8,191.90 points following a 49.80 point, or 0.61% rise, setting a new 100-...

The S&P/ASX 200 Index (ASX: XJO)  notched up yet another successful day of trading this Wednesday, if only just. By the time the closing bell rang, the A...

It ended up being quite a wonderful day for the S&P/ASX 200 Index (ASX: XJO) this Tuesday. The ASX 200 managed to add 0.24% to its value and closed up at 8...

New Hope delivers solid result despite lower coal prices Winsome posts Adina lithium scoping study  Materials sector lifts, barely, as Fortescue puts the sector on its boulder shoulders   New Hope Corp (ASX:NHC) carved 8c off its final di...

Australian shares kicked off the week on a strong note, driven by a rally on Wall Street as technology and gold stocks showed impressive gains. The S&P/ASX 200 Index (ASX: XJO) climbed by 0.5%, or 37.6 points, to reach 8,137.5 points. T...

At 11:35am, the S&P/ASX 200 is 0.37 per cent higher at 8,130.20, buoyed by a rally on Wall Street driven by gains in tech and gold stocks. US stocks surged on Friday amid expectations that the US Federal Reserve will lower interest rate...

A spike in investor interest ahead of an anticipated rate cut by the US Federal Reserve has some speculating the ASX could hit a record closing high today (16 September).  At the same time gold is continuing to run hot, climbing over US$...

Friday the 13th did little to unsettle the Australian Securities Exchange (ASX), which closed out the week on a high note. The S&P/ASX 200 Index closed up 24.20 points, or 0.30%, at 8,099.90 points.   More sectors ended lower than...

Gold prices reached an all-time high on Friday, following the European Central Bank’s (ECB) interest rate cut and speculation of a modest Federal Reserve rate adjustment in the upcoming policy meeting. This surge in gold prices has signific...

The Australian sharemarket saw mixed movement as losses in banking stocks counteracted gains in the energy and mining sectors. Despite early momentum, the market struggled to close at record highs, impacted by declines in major banks.  The...

Australian shares continued to advance on Friday, bolstered by rising commodity prices, although banking stocks exerted some downward pressure. The S&P/ASX 200 index closed 0.3% higher, gaining 24.2 points to settle at 8099.9. This rise...

It was a very happy end to the trading week this Friday for ASX shares. The S&P/ASX 200 Index (ASX: XJO) started off with a bang this morning, and finished 0...