• Gold production of 206,622 oz at US$1,240/oz AISC
• Revenue of A$730 million and profit after tax of A$246 million
• Net assets of A$1.3 billion, including A$392 million cash

West African Resources Limited (ASX: WAF) has reported its 2024 annual results, highlighting strong operational and financial performance. The company produced 206,622 ounces of gold at an all-in sustaining cost (AISC) of US$1,240 per ounce, generating revenue of A$730 million and a profit after tax of A$246 million. The company's net assets stood at A$1.3 billion at the end of 2024, including A$392 million in cash. WAF's Sanbrado production centre delivered another robust result, and the company's Kiaka project remains on schedule and on-budget for first gold production in Q3 2025. With Kiaka's construction nearing completion, WAF is poised to more than double its annual gold production to over 420,000 ounces per year once both production centres are in operation in 2025.

WAF expects to produce over 420,000 ounces of gold per year once the Kiaka project commences production in Q3 2025.

With the Kiaka project on track for first gold in Q3 2025, WAF is positioned to more than double its annual gold production to over 420,000 ounces per year, solidifying its position as a leading unhedged gold producer.