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Seeking Alpha

West African Resources posts record 125,000-ounce gold output in FY2026 Q2, AISC at $1,730/oz

AI Market Summary
West African Resources reported record quarterly production (~125k oz) from its Burkina Faso mines and AISC of $1,730/oz, materially below its $1,900/oz full-year guide, indicating stronger operating performance and margin resilience. The company reiterated annual output guidance (430k–490k oz) while highlighting a run-rate above 500k oz. The update is modestly supportive for gold-related sentiment but is not a broad market driver.
Impact level
● Low
Affected assets
NCCOGOLD2USD/USDT-1.39%
AI Insight · NCCOGOLD2USD/USDTAI Insight
▲ Bullish
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West African Resources Limited (WFRSF) reported FY2026 second-quarter results, delivering a record group gold production of just over 125,000 ounces from its Sanbrado and Kiaka gold operations in Burkina Faso. All-in sustaining costs (AISC) came in at $1,730 per ounce, below the company’s full-year guidance of $1,900 per ounce. The company said its annualized production run rate exceeded its 500,000-ounce target, while maintaining full-year production guidance of 430,000 to 490,000 ounces.
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