Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last A$0.07 AUD
Change Today -0.003 / -4.05%
Volume 30.0K
WAF On Other Exchanges
Symbol
Exchange
OTC US
As of 1:27 AM 07/28/15 All times are local (Market data is delayed by at least 15 minutes).

west african resources ltd (WAF) Snapshot

Open
A$0.07
Previous Close
A$0.07
Day High
A$0.07
Day Low
A$0.07
52 Week High
08/8/14 - A$0.14
52 Week Low
06/15/15 - A$0.05
Market Cap
19.2M
Average Volume 10 Days
88.5K
EPS TTM
A$-0.06
Shares Outstanding
270.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for WEST AFRICAN RESOURCES LTD (WAF)

Related News

No related news articles were found.

west african resources ltd (WAF) Related Businessweek News

No Related Businessweek News Found

west african resources ltd (WAF) Details

West African Resources Limited, a gold exploration company, engages in the identification, acquisition, assessment, and development of mineral resource projects in West Africa. The company also explores for copper. It primarily owns a 100% interest in the Boulsa gold project covering approximately 3,700 square kilometers located in Burkina Faso, West Africa. The company was incorporated in 2006 and is based in Scarborough, Australia.

west african resources ltd (WAF) Top Compensated Officers

Chief Executive Officer, Managing Director an...
Total Annual Compensation: A$280.0K
Compensation as of Fiscal Year 2014.

west african resources ltd (WAF) Key Developments

West African Resources Limited Reports First Results from Shallow Oxide Drilling at the Mankarga 1 Prospect, Tanlouka Permit, Burkina Faso

West African Resources Limited reported the first results from shallow oxide drilling at the Mankarga 1 prospect, Tanlouka Permit, Burkina Faso. RC drilling at the M1 prospect has intercepted oxide mineralisation beneath historic artisanal workings with two scissor holes ending in mineralisation. Shallow first pass RC drilling is being completed with an Aircore rig drilling to blade refusal as such TAC0657 and TAC0658 both ended in quartz veining returning 8m at 1.5g/t Au and 6m at 1.3g/t Au respectively. These results are up dip of historic RC hole TAN10-RC-23, drilled in 2010, which returned high-grade results of 2m at 25g/t Au from 58m. It is expected that oxide mineralisation from M1 will exhibit similar metallurgical characteristics to M5 oxides, therefore will be amenable to heap leach processing. oxides, therefore will be amenable to heap leach processing. None of the gold mineralisation at the M1 prospect is currently included the project resource inventory. M1 mineralisation will be modelled and incorporated in a resource update later this year, and subsequently added to the mine schedule. Any additional higher grade oxide tonnes will have a positive impact on the project economics.

West African Resources Limited Announces Executive Changes

West African Resources Limited announced the appointment of Mark Connelly as an independent non-executive chairman. Mr. Connelly is the former managing director and chief executive officer of Papillon Resources Limited. Previously he was chief operating officer of Endeavour Mining Corporation following its merger with Adamus Resources Limited where he was Managing Director and CEO. He has extensive experience in financing, development, construction and operation of mining projects in a variety of commodities including gold, base metals and other resources in West Africa, Australia, North America and Europe. Mr. Connelly replaces Mr. Francis Harper, who has resigned from the board.

West African Resources Limited Announces Results from Auger Drilling along Strike of the Mankarga 5 Deposit, Tanlouka Permit Burkina Faso

West African Resources Limited announced significant results from auger drilling along strike of the Mankarga 5 deposit, Tanlouka Permit Burkina Faso. Mankarga 5 Auger drilling along strike to the northeast of the Mankarga 5 (M5) deposit has delivered strong results demonstrating the continuation of mineralization along strike of the proposed oxide starter pit that the company intends to treat by conventional heap leach processing. Importantly the results from the recent WAF auger shows that the geochemical signature over known mineralization is subtle and discreet with only seven samples greater than 160ppb Au within the proposed starter pit outline. Results along strike of the M5 resource demonstrate that there is significant potential to add more oxide tones to the heap leach starter project and extend the current PFS mine life of 7 years. In total 245 auger holes, with an average depth of 5.3m, were drilled along strike of the M5 resource area on lines oriented northeast - southwest, on a 200m by 50m grid. Sampling returned a peak result of 635 ppb Au (0.64g/t Au) with other high tenor results of 228 ppb Au, 224 ppb Au and 218 ppb Au Mankarga 1 Mankarga 1 (M1) is the most advanced prospect and located approximately 500m northwest of the Mankarga 5 Mineral Resource. Infill auger drilling has been completed at the prospect. M1 has significant potential to add additional oxide tones to the proposed heap leach starter project. The major difference in this area is that mineralization trends north-northwest, in contrast to Mankarga 5 which trends northeast. Regional sampling on sub-optimal northwest-southeast lines returned high tenor results including 661 ppb Au (0.66g/t Au), 380 ppb Au, 568 ppb Au, 301 ppb Au, 368 ppb Au and 297 ppb Au. Results are imminent for detailed auger drilling completed on a 25m by 100m grid, oriented on northeast- southwest lines perpendicular to the main northwest mineralized trends.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
WAF:AU A$0.07 AUD -0.003

WAF Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Avocet Mining PLC 3.30 GBp -0.435
Azumah Resources Ltd A$0.02 AUD +0.002
Castle Minerals Ltd A$0.02 AUD +0.002
Doray Minerals Ltd A$0.43 AUD +0.005
Gryphon Minerals Ltd A$0.06 AUD +0.004
View Industry Companies
 

Industry Analysis

WAF

Industry Average

Valuation WAF Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 671.9x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 260.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact WEST AFRICAN RESOURCES LTD, please visit www.westafricanresources.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.