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