Australia's West African Resources hits 6-week high as gold output rises q/q

West African Resources

22/01/2025 05:05

** Shares of West African Resources  WAF.AX  rise 1.7% to
A$1.6675, their highest level since Dec. 12
    ** Gold miner posts a rise in fourth-quarter bullion
production compared with the previous three-month period
    ** Q4 output 51,178 oz at all-in-sustaining cost (AISC) of
$1,216/oz, compared with Q3 output of 47,799 oz at AISC of
$1,296/oz
    ** Co achieved full-year production guidance of 206,622 oz
    ** Stock rose 51.9% in 2024

 (Reporting by Nichiket Sunil in Bengaluru)
 ((Nichiket.Sunil@thomsonreuters.com;))