West African has delivered A$92 million NPAT for H1 2024.
Our Executive Chairman and CEO Richard Hyde said: “WAF delivered another strong result in H1 2024 producing 107,644 ounces of gold at US$1,223 per ounce AISC, generating A$116 million cashflow from operations.
“We are maintaining 2024 guidance at 190,000 – 210,000 ounces of gold at an AISC of less than US$1,300/oz.
“Our unhedged resources now stand at 12.8 million ounces of gold and Ore Reserves at 6.4 million ounces of gold.
“Construction of Kiaka is progressing well for first gold in Q3 2025 and WAF is on track to produce 4 million ounces over the next decade, with annual production set to peak in 2029 at 473,000 ounces of gold."
Read the June 2024 Half Year Financial Report summary here: https://loom.ly/qyycicY and full report below:
Credits go to: 1. Richard Pugh & team at Strickland Metals 2. The team at De Grey Mining Ltd 3. Lisa Gibbons & team at Southern Cross Gold 4. Valentin T & team at West African Resources 5. The team at Red 5 Limited 6. The team at Far East Gold Ltd 7. Brad Milne & team at Predictive Discovery 8. Sergio Rotondo & team at Challenger Gold 9. Scott Hall & team at Savannah Goldfields 10. Christian J. Grainger (PhD) & team at Antilles Gold ...as well as the teams at Turaco Gold, Sunstone Metals Limited, Astral Resources, Warriedar Resources Ltd & Waratah Minerals