ASX-listed unhedged gold mining firm West African Assets and its subsidiaries produced 125 179 ouncesof gold from its Sanbrado and Kiaka operations within the June quarter.
Group gold gross sales for the second quarter had been 110 737 ouncesat a realised worth of $4 556/oz.
12 months-to-date group gold manufacturing stands at 232 905 oz, whereas year-to-date group gold gross sales are 214 883 ouncesat a realised worth of $4 744/oz.
The group is on observe to attain its full-year manufacturing steering of 430 000 ouncesto 490 000 ouncesof gold.
On the Sanbrado gold manufacturing centre, mining owner-operated openpit mining continued to ramp up throughout the interval.
The M5 North pit delivered comparable mined ounces to the earlier quarter.
A complete of 647 000 t of ore was mined at a median grade of 0.9 g/t gold, leading to 17 791 ouncesof gold for the quarter.
When it comes to processing, the Sanbrado course of plant continued its robust efficiency within the interval with 787 000 t of ore milled at a head grade of two.4 g/t and restoration of 93.7%, which produced 57 608 ouncesof gold.
Gold manufacturing was 37% increased than the prior quarter, primarily owing to a 24% increased mill grade, pushed by increased tonnes and grade from underground mining.
Openpit mining on the Kiaka gold manufacturing centre confirmed a 24% lower in mined ounces within the second quarter in contrast with the primary, ensuing from an 18% lower in ore tonnes mined and an 8% lower in mined grade.
Kiaka delivered 74 134 mined ounces of gold from 2.84-million tonnes of ore at 0.8 g/t.
Mining throughout the quarter continued to give attention to Kiaka Primary Stage 1 pit.
When it comes to processing, the Kiaka course of plant delivered robust operational efficiency within the interval.
Gold manufacturing elevated by 3% within the quarter, pushed by a 6% improve in mill throughput.
In the course of the quarter, Kiaka produced 67 571 ouncesof gold from 2.49-million tonnes of ore processed at a median head grade of 0.9 g/t and restoration of 92.9%.
In the meantime, West African Assets says its continues to work cooperatively with State-owned firm Société de Participation Minière du Burkina Faso to finalise the phrases of the latter’s acquisition of a 25% shareholding in Kiaka SA (KSA) for 70-billion CFA francs (about A$176-million).
KSA owns 100% of Kiaka.
West African Assets at present holds an 85% fairness possession curiosity in KSA and the State holds 15%.
PERMITTING
Final yr, the corporate utilized to the Burkina Faso authorities to replace the Sanbrado life-of-mine (LoM) plan to incorporate the M5 South underground, and signoff stays pending.
Consequently, growth is at present behind the price range schedule, with manufacturing actions now anticipated to begin in early 2027, topic to approval being acquired within the second half of this yr.
The corporate says there’s ample flexibility within the Sanbrado LoM plan to regulate the mine plan to keep up anticipated gold manufacturing for this yr.
West African Assets additionally utilized to the federal government final yr for an operational allow for the explosives manufacturing and storage facility at Kiaka, which the corporate constructed in 2024.
The allow to function this facility has not been permitted by the federal government.
Openpit mining manufacturing at Kiaka was lowered within the second quarter owing to an absence of explosives that are being provided from different sources.
The 2026 Kiaka mine plan has been adjusted to focus on areas of free dig.
Waste stripping has additionally been lowered at Kiaka and Toega to allocate explosives provide to ore manufacturing.
