After the 2019 Boungou attack, Jarrod Lucas at ABC Goldfields, in an article titled “Deadly attack at Burkina Faso gold mine has Australian companies reassessing overall security” indicated that West African Resources’ flagship mine, Sanbrado, "is close to military installations in an area considered more stable."
The article which can be accessed via the above link stated “Perth-based West African Resources said its operations had not been affected. The company is developing the $269 million ($US185 million) Sanbrado gold mine in south-central Burkina Faso, which is close to military installations in an area considered more stable. Sanbrado is expected to produce first gold in mid-2020 and employ close to 400 workers.”
WAF Price at posting:
82.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)