Articles On West African Resources (ASX:WAF)

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...

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...