Sanbrado gold project
ASX-listed unhedged gold producer West African Resources has completed a US$25 million voluntary early repayment of its finance facility with Taurus Funds Management.
“It was a surreal and emotional feeling taking the project from discovery phase all the way through to producing that first gold bar in March."
West African Resources has entered into an agreement to acquire 100% of the Toega gold deposit from B2Gold Corp and their partner, GAMS-Mining F&I.
“Open-pit and underground mining and gold production has been uninterrupted at Sanbrado since our maiden gold pour on the 18th of March."
ASX-listed West African Resources poured first gold at its Sanbrado gold project in Burkina Faso on Wednesday 18 March 2020.
West African Resources has completed all construction activities and started processing ore at its Sanbrado Gold Project in Burkina Faso.
Business and policy
Perth developers of a US$185 million high grade gold mine in West Africa say they expect to appoint a banking syndicate to the project by next quarter.
West African Resources has appointed a chief development officer as it moves into the development phase at its Sanbrado gold project in Burkina Faso.
Dual-listed gold miner West African Resources has announced that it has received commitments to raise A$35 million through a placement of 109.375 million shares at A$0.32 per share.