West African Resources: Strengthening Growth with Robust 2026 Outlook
West African Resources Limited (ASX: WAF) operates as an unhedged gold mining company in Burkina Faso, with its primary operations centred around the Sanbrado and Kiaka gold projects. The company has strengthened its resource base to 13.7 million ounces of gold, supported by Ore Reserves of around 7.0 million ounces. WAF has outlined a strong long-term production profile, targeting approximately 5.3 million ounces over 2026–2035, with average annual production of about 533,000 ounces and a peak of nearly 596,000 ounces in 2030.
For 2026, the company expects a record production year, with group output guidance of 430,000 to 490,000 ounces. Kiaka is projected to contribute 240,000–280,000 ounces, while Sanbrado is expected to deliver 190,000–210,000 ounces. Cost efficiency remains a focus, with AISC guided below US$1,900 per ounce. Ongoing investment in exploration, with over 100,000 metres of drilling planned, alongside potential shareholder returns through dividends or buybacks, reinforces WAF’s strategy to expand resources, extend mine life, and sustain long-term growth.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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West African Resources: Strengthening Growth with Robust 2026 Outlook
West African Resources Limited (ASX: WAF) operates as an unhedged gold mining company in Burkina Faso, with its primary operations centred around the Sanbrado and Kiaka gold projects. The company has strengthened its resource base to 13.7 million ounces of gold, supported by Ore Reserves of around 7.0 million ounces. WAF has outlined a strong long-term production profile, targeting approximately 5.3 million ounces over 2026–2035, with average annual production of about 533,000 ounces and a peak of nearly 596,000 ounces in 2030.
For 2026, the company expects a record production year, with group output guidance of 430,000 to 490,000 ounces. Kiaka is projected to contribute 240,000–280,000 ounces, while Sanbrado is expected to deliver 190,000–210,000 ounces. Cost efficiency remains a focus, with AISC guided below US$1,900 per ounce. Ongoing investment in exploration, with over 100,000 metres of drilling planned, alongside potential shareholder returns through dividends or buybacks, reinforces WAF’s strategy to expand resources, extend mine life, and sustain long-term growth.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au