• Gold production of 95,644 oz at US$1,374/oz AISC
• Revenue of A$477 million and profit after tax of A$215 million
• Cash balance of A$279 million and A$49 million unsold gold bullion

West African Resources Limited (WAF) has reported an outstanding half-year result for the period ended 30 June 2025. The company produced 95,644 ounces of gold at an all-in sustaining cost (AISC) of US$1,374 per ounce, generating revenue of A$477 million and a profit after tax of A$215 million. Operating cash flow for the half-year was A$159 million, with the company ending the period with a cash balance of A$279 million and A$49 million in unsold gold bullion. WAF's unhedged gold resources now stand at 12.2 million ounces, with ore reserves of 6.5 million ounces. The company's executive chairman and CEO, Richard Hyde, commented that WAF has delivered another exceptional result, highlighting the strength of the company's unhedged gold operations.

WAF expects gold production to peak at 569,000 ounces in 2029, as outlined in the company's announcement released on 6 August 2025.