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Under the cosh!

Posted by ipso facto @ 10:24 on January 25, 2022  

Australian miner plunges most since 2014 after Burkina Faso coup

West African Resources (ASX: WAF), an Australian gold miner that gets all its revenue from Burkina Faso, plunged the most in about seven years after soldiers ousted President Roch Marc Christian Kabore in a coup.

The shares fell 17%, the biggest drop since November 2014, in Sydney on Tuesday. The company produced 87,324 ounces of the metal in the three months through December, according to a company statement.

Australian miner plunges most since 2014 after Burkina Faso coup

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.