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Jan 22 - 01:55 AM

Gold - Australia's West African Resources Hits 6-Week High As Gold Output Rises Q/Q

By Nichiket Sunil  —  Jan 22 - 12:06 AM

• Shares of West African Resources 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)

Source:
London Stock Exchange Group | Thomson Reuters

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