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West African Resources Limited (ASX:WAF)

ALERT: Price-sensitive ASX Announcement for WAF
Current share price for WAF : $3.445 0.545 (18.79%)+
Announcement
Release
29 Jul 2026 8:18AM
Price at Release
$2.900
Full Release
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Summary
West African Resources Limited's quarterly activities report for Q2 2026 highlights significant gold production from its Sanbrado and Kiaka operations in Burkina Faso. Sanbrado produced 57,608 ounces of gold, a 37% increase from the previous quarter, driven by higher output from the M1 South underground mine. The Kiaka gold production center also increased its output by 3%, producing 67,571 ounces. The company remains on track to achieve its annual guidance of 430,000 to 490,000 ounces of gold at an all-in sustaining cost (AISC) under US$1,900/oz. Operational costs, cash flow, and strategic partnerships for community development are also key elements of the report.
Key Points
  • Sanbrado produced 57,608 ounces of gold in Q2 2026.
  • Kiaka produced 67,571 ounces of gold in Q2 2026.
  • YTD 2026 Group gold production was 232,905 ounces.
  • Company remains on-track to achieve annual guidance of 430,000 – 490,000 ounces.
  • Sanbrado's underground mining significantly increased production.
  • Kiaka recorded a 3% increase in quarterly production.
  • All-in sustaining cost (AISC) targeted under US$1,900/oz.
  • Various community development projects underway in Burkina Faso.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.