West African Resources Logs Higher Q3 Production, Sales

MT Newswires Live

Nov 03

West African Resources (ASX:WAF) reported total third-quarter gold production of 92,721 ounces at an all-in sustaining cost (AISC) of $1,532 per ounce, according to a Monday filing with the Australian bourse.

In the same period last year, the company produced 47,799 ounces at an AISC of $1,296 an ounce, an earlier filing showed.

The company sold 75,892 ounces of gold in the three months ended Sept. 30 at an average price of $3,396 per ounce, compared with sales of 49,643 ounces at $2,493 per ounce a year earlier.

It said it remains on track to meet its 2025 guidance of 190,000 to 210,000 ounces at an AISC of less than $1,350 per ounce.

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