Articles On West African Resources (ASX:WAF)

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...

The ASX200 has been down 0.4% at 8,133 points. The Reserve Bank Board has decided to keep rates on hold at 4.35% in line with consensus expectations. The decision coincides with the Melbourne Cup – the race that stops a nation. All se...

It was a nervous but still overall positive finish to the week's trading for the S&P/ASX 200 Index (ASX: XJO) this Friday. The ASX 200 gave up a big midday lead today to finish at 8,211.3...

The S&P/ASX 200 Index (ASX: XJO) had a wild, but ultimately unsuccessful, Thursday session today. After a bouncy week, the ASX 200 notched up another retreat this session, dropping by an a...

Northern Star disappoints with 10% reduction in production quarter-on-quarter  The company is confident grade will progressively improve through FY25 with access to Golden Pike North  Newmont misses earning expectations but still records h...

Gleaming gold prices across the globe have helped several ASX-listed gold miners sparkle especially bright as they capitalise on record highs. Bullion climbed to above $US2,700 ounce last week – and has then maintained those lofty height...

Copper stocks hammered with 29Metals in the bad books African goldies report MinRes down again but ASX materials sector lifted by gold names   Copper stocks have been hammered in a topsy turvy day of quarterly reporting with brighter stor...

Highlights: ASX 200 futures are up 0.27%, while U.S. markets saw mixed results with bond yields rising and the S&P 500 posting consecutive losses. CSL (ASX:CSL) and Fletcher Building (ASX:FBU) flagged challenges, while Garda Proper...

Lotus Resources Ltd (ASX: LOT) shares aren't going anywhere on Tuesday. Before the market open, the uranium developer released its quarterly update and then requested a trading halt. Quarterly update Let's first start with the company's qua...

Highlights ASX climbs with strong performance in mining and materials sectors. WiseTech shares plunge amid CEO controversy and stock sales. Gold and energy stocks rally with rising commodity prices. The Australian sharemarket saw...

Today was an exceptional start to the week's trading for the S&P/ASX 200 Index (ASX: XJO). The ASX 200 finished the day's trading up a healthy 0.74%, leaving the index at 8,344.4 points. Thi...

Gold shaping as the colour of the Aussie summer as bullion hits new record LBMA price hits US$2712.50/oz, US$3000/oz ‘in sight next year’, says CBA’s Vivek Dhar Bellevue up on solid quarterly, MinRes down on Ellison reports   It’s been a...

ASX closes higher led by strong mining sector Wisetech and Mineral Resources suffer heavy losses amid scandals Gold prices soar past $US$2,700 on geopolitical tensions   The ASX rose on Monday after a solid run on Wall Street and some st...

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....