ASX:WAF
ASX:WAFMetals and Mining

West African Resources (ASX:WAF) Valuation in Focus After Burkina Faso Seeks Larger Stake in Kiaka Gold Mine

Kshitija Bhandaru
West African Resources (ASX:WAF) has been thrust into the spotlight after the Burkina Faso government made a move to acquire an additional 35% stake in its flagship Kiaka gold mine. This request, part of a broader nationalization push in the region, was significant enough to trigger a trading halt as the miner reassesses its position and options. For investors, the situation is more than just regional politics; it is about risk, ownership, and the entire growth equation for one of the ASX’s...