M&A

Successful West African Resources buying big gold deposit to double output

WEST African Resources has doubled down on a future in Burkina Faso, outlining plans to become a plus-400,000 ounce per annum producer by mid-decade with the US$100 million acquisition of the 6.8 million ounce, fully permitted Kiaka project 45km south of the miner's cash-printing Sanbrado operation.

 A big new open cut opportunity is being added to the WAF stable in Burkina Faso

A big new open cut opportunity is being added to the WAF stable in Burkina Faso

Kiaka is pitched as a long life, low strip ratio, open cut amenable to gravity recovery and cyanide leaching, at anticipated processing rates of 6-8 million tonnes per annum. The deposit has 220Mt grading...

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