West African Resources

West African Resources

Mining

SUBIACO, WA 48,984 followers

West Africa's emerging mid-tier gold producer, targeting 400,000 oz pa gold production by 2025. ASX: WAF

About us

West Africa's emerging mid-tier gold producer, targeting 400,000 oz pa production by 2025. ASX: WAF

Industry
Mining
Company size
51-200 employees
Headquarters
SUBIACO, WA
Type
Public Company
Founded
2007

Locations

Employees at West African Resources

Updates

  • In an effort to continue supporting the needs of communities surrounding projects, the Community Relations Team at the Sanbrado Gold Mine, made donations valued over 59.4 million XOF (~$150,000 AUD) over the past 4 years, including: ✅ A grain mill for the Pilaka women’s group: This mill is an income-generating activity designed to benefit the women’s group in Pilaka. It enables them to earn income that can be reinvested into other local development activities. ✅ Support for training and tools in dyeing and soap-making for women’s associations: Training sessions have been conducted for four women’s associations in Nedogo and Boudry, equipping them with skills to strengthen their production. This initiative is helping them generate higher earnings and expand their activities, fostering sustainable income growth. ✅ Equipment kits for young professionals: Tools and equipment have been provided for youth and women in Nedogo and Boudry, supporting trades such as masonry, carpentry, electricity, welding, automobile mechanics, and income-generating activities. ✅ Furniture for communal spaces: These contributions to resettled communities aim to create more functional and welcoming community spaces. The donation ceremony was held in September and provided an opportunity to celebrate alongside the community of Pilaka, neighbouring villages, and the youth and women from communities impacted by our operations.

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  • It has been another successful year for West African Resources with strong production at our Sanbrado Gold Operations, and construction and operational readiness tracking to schedule and budget at our Kiaka Gold Project going into the end of the year. We look forward to an exciting year ahead as we bring our second gold mine online, targeting +420,000 oz pa gold production in 2025. We would like to take this opportunity to wish our staff, shareholders and stakeholders a happy holidays and an enjoyable festive season. 🎄

  • In recognition of World Soil Day held on 5th of December and the role soils play in sustaining healthy ecosystems and in carbon sequestration, we would like to shine a spotlight on the Erosion Control and Sustainable Soil Improvement Program run by the West African Resources Livelihood Restoration Team. Land degradation is a pressing challenge in Burkina Faso as in other parts of the world. In communities surrounding Sanbrado, this has resulted from climatic conditions, certain agricultural practices, and increasing human pressure. To help reverse this, WAF together with Burkinabe partner organisations, has developed a program focusing on reducing and preventing soil erosion while improving the quality of soils through sustainable methods. The program focuses on using augmenting traditional cultivation techniques with organic inputs and technologies readily available to the local communities. It also addresses the pressing challenge of land degradation in Burkina Faso and has significantly benefited the local communities impacted by the Sanbrado Gold Operation. Highlights include: 🌱 Training and Capacity Building – 225 agropastoralists have received training on erosion control, climate change adaptation, and sustainable soil practices. – A study trip to Nagréongo allowed local farmers to learn advanced soil restoration techniques. 🌱 Erosion Control Practices – Stone barriers have been built across 53.75 hectares to prevent soil erosion and improve water retention. – The Zaï technique, used on 5 hectares, helps retain water and nutrients, promoting soil fertility. 🌱 Land Reclamation and Restoration – Subsoiling of 54 hectares has restored soil permeability and structure, improving its capacity for agriculture. – Multi-species grass strips were planted on 7 hectares, and 4,122 trees have been introduced to enhance biodiversity and prevent further soil erosion. 🌱 Soil Enrichment – In 2022, over 30 tons of compost have been produced and distributed, enriching the soil’s organic matter and supporting long-term fertility. – Agroforestry practices like planting moringa trees alongside crops help improve soil health. This initiative has empowered more than 225 local producers to adopt sustainable farming practices, enhancing food security and strengthening resilience to environmental challenges. The Livelihood Restoration Team will be investigating viability of scaling up this and other programs aimed at improving local environmental conditions while providing reliable sources of livelihoods for communities. 🌍 #WorldSoilDay

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  • We are very proud of our Emergency Response Team who competed against some of the best world’s best mining emergency response teams at the Mining Emergency Response Competition (MERC), which was held in Perth earlier this month. Our Burkina Faso team achieved the following results: 🏆 4th place overall MERC 2024 🥇 1st Place - HazMat 🥇 1st Place - Overall Team Safety 🥈 2nd Place - Team Spirit 🥈 2nd Place - Road Crash Rescue 🥈 2nd Place - Confined Space Rescue 🥈 2nd Place - Overall Breathing Apparatus Skills 🥈 2nd Place - Overall Best Captain (Manna Karim OUEDRAOGO) 🥉 3rd Place - Vertical Rescue Congratulations to Northern Star Resources Limited Global who was the overall winner of the MERC Competition. Our Emergency Response team is appreciative of the support that they have, and continues to receive from our business partners, Byrnecut Mining and Riklan Emergency Management Services, as well as the encouragement from colleagues and peers in Burkina Faso. #MERC2024 #MiningEmergencyResponse #Teamwork

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  • In September, West African Resources proudly hosted the scholarship agreement signing ceremony for the top 2024 baccalaureate graduates, Mr. Abass Wangrawa and Ms. Aminata Pitroipa, both from the Boudry community. The ceremony was held at the Boudry Town Hall to honour the exceptional academic achievement by Mr. Wangrawa and Ms. Pitroipa and to encourage other young talent to pursue further academic studies. For the third consecutive year, our scholarship program has supported young talent in Boudry, reinforcing WAF’s commitment to supporting education as a key driver of sustainable development and social progress. The ceremony was attended by students, local authorities, educators and WAF representatives. We’re thrilled to support these bright minds on their educational journey! *** En Septembre, West African Resources a été fière d’accueillir la cérémonie de signature des accords de bourse d’études pour les meilleurs bacheliers de 2024, Abass Wangrawa et Aminata Pitroipa, tous deux issus de la communauté de Boudry. La cérémonie s’est tenue à la mairie de Boudry pour célébrer les résultats scolaires exceptionnels de ces élèves et encourager d’autres jeunes talents à poursuivre leurs études universitaires. Pour la troisième année consécutive, notre programme de bourses a soutenu les jeunes talents de Boudry, en vue de renforcer l'engagement de la WAF à soutenir l'éducation en tant que moteur essentiel du développement durable et du progrès social. La cérémonie s’est déroulée en présence d’étudiants, de membres des autorités locales, d’éducateurs et de représentants de la WAF. Nous sommes enchantés de soutenir ces brillants esprits dans leur parcours éducatif!

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Funding

West African Resources 3 total rounds

Last Round

Post IPO equity

US$ 101.5M

See more info on crunchbase