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

Reuters

01-22

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

** 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;))

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