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West African Resources negotiates Burkina Faso’s 35% stake demand for Kiaka gold mine, while maintaining production targets and suspended ASX shares.
West African Resources is negotiating with Burkina Faso over a proposed 35% equity stake in its Kiaka gold mine, offering alternative revenue-sharing and national participation measures instead.
The company maintains operations are uninterrupted and reaffirms its 2025 production target of 290,000–360,000 ounces.
Talks continue with the government and state-owned SOPAMIB, amid regional trends of rising resource nationalism.
Shares remain suspended on the ASX pending resolution.
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West African Resources negocia la demanda del 35% de participación de Burkina Faso en la mina de oro Kiaka, manteniendo al mismo tiempo los objetivos de producción y las acciones suspendidas de ASX.