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West African Resources Limited
West African Resources is a Public Company that generates the majority of its income from the Gold Ore Mining industry. In 2024 the company generated total revenue of $745,005,000 including sales and other revenue. The exact number of employees for this organisation is not available. The Chief Executive of West African Resources is Unknown Richard Ian Hyde whose official title is CHIEF EXECUTIVE OFFICER. The Chairman of West African Resources is Mr Richard Hyde whose official title is Executive Chairman & Chief Executive Officer. West African Resources Limited is a gold exploration and mining company with the following operations in Burkina Faso: Sanbrado Gold Project - The Sanbrado Gold Project is located approximately 90km east-southeast of Ouagadougou. The project covers an aggregate area of 116 square kilometres, comprising one granted mining permit and one granted exploration licence. The company has a 90% interest in the Sanbrado Gold Project. The Government of Burkina Faso has a free-carried 10% interest in the project. Kiaka Gold Project - Kiaka is 45km south of West African’s flagship Sanbrado Gold Mine in Burkina Faso and about 110km southeast of Ouagadougou. Toega Gold Project - The Toega Gold Project is located 14 kilometres from the Sanbrado gold operation. The deposit has a strike of over 1,200m, is up to 430m wide and has been drilled to a depth of 400m below surface.
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What's included in this industry analysis
IBISWorld's research coverage on the West African Resources Limited includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of March 2026.
Company Details
What’s this enterprise profile about?
West African Resources Limited, trading as West African Resources, operates under the ABN 70 121 539 375 and was incorporated on 01 September 2006. West African Resources Limited trades on the Australian Securities Exchange under the ticker code ASX:WAF. West African Resources Limited primarily operates in the Gold Ore Mining industry in Australia.
Key Personnel
What’s included in the Key Personnel chapter?
The Key Personnel chapter outlines the principal leadership positions within West African Resources Limited, including the Chairman, Board members, Chief Executive Officer, and other key management personnel. It provides an overview of the company’s governance and executive structure, along with a breakdown of gender diversity across leadership roles, offering insight into the composition of the organisation’s senior team.
Financials
What’s included in the Financials chapter?
The Financials chapter presents West African Resources Limited’s historical financial performance, including detailed profit and loss statements outlining sales revenue, cost of sales, and profitability. It also incorporates balance sheet data, providing a breakdown of assets and liabilities, as well as additional financial metrics such as the number of shares on issue. Together, these disclosures offer a comprehensive view of the company’s financial position and performance over time.
Growth & Ratios
What’s included in the Growth & Rations chapter?
The Growth & Ratios chapter provides historical data on key financial performance indicators, enabling an assessment of the company’s operational efficiency, profitability, and financial structure over time. Metrics covered include return on equity, return on assets, profit margins, revenue per employee, as well as gearing and leverage ratios, offering a comprehensive view of performance trends and capital management.
Operating Segments
What’s included in the Operating Segments chapter?
The Operating Segments chapter provides an overview of the revenue composition and asset allocation across the various industries in which West African Resources Limited operates. It offers insights into how the company’s financial performance is distributed among its core business segments, highlighting the relative contribution of each industry to total revenue.
Competitor Benchmarking
What’s included in the Competitor Benchmarking chapter?
The Competitor Benchmarking chapter includes a comparative assessment of West African Resources Limited’s key financial, growth, and valuation ratios against industry averages to evaluate its competitive position. It analyses valuation metrics such as price-to-earnings, price-to-book, enterprise value to EBITDA, and enterprise value to sales, alongside core financial indicators including liquidity ratios and profitability measures.
Industries of Operation
What’s included in the Industries of Operation chapter?
The Industries of Operation chapter outlines West African Resources Limited’s market share across the industries in which it operates. Each industry profile includes a comprehensive overview featuring data on total market size, the number of enterprises, industry concentration levels, and overall turnover. This analysis provides context for the company’s competitive position and scale within each relevant market.
Shareholders
What’s included in the Shareholders chapter?
The Shareholders chapter provides a breakdown of the ownership structure of West African Resources Limited, identifying key shareholders and outlining their respective ownership interests. This section offers insight into the concentration of shareholdings, the presence of institutional or strategic investors, and the overall distribution of equity within the company.
Subsidiaries
What’s included in the Subsidiaries chapter?
The Subsidiaries chapter provides an overview of the companies and business entities that are wholly or partially owned by West African Resources Limited. It outlines the ownership structure of each subsidiary, offering insight into the broader corporate group and how these entities contribute to the company’s overall activities and performance.
History
What’s included in the History chapter?
The History chapter presents a overview of West African Resources Limited’s development, highlighting key milestones and significant corporate events since its incorporation. It includes the company’s incorporation date and outlines major strategic, operational, and structural developments, providing context for its evolution and current market position.
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Frequently Asked Questions
What is West African Resources Limited?
West African Resources Limited is a gold exploration and mining company with the following operations in Burkina Faso: Sanbrado Gold Project - The Sanbrado Gold Project is located approximately 90km east-southeast of Ouagadougou. The project covers an aggregate area of 116 square kilometres, comprising one granted mining permit and one granted exploration licence. The company has a 90% interest in the Sanbrado Gold Project. The Government of Burkina Faso has a free-carried 10% interest in the project. Kiaka Gold Project - Kiaka is 45km south of West African’s flagship Sanbrado Gold Mine in Burkina Faso and about 110km southeast of Ouagadougou. Toega Gold Project - The Toega Gold Project is located 14 kilometres from the Sanbrado gold operation. The deposit has a strike of over 1,200m, is up to 430m wide and has been drilled to a depth of 400m below surface.
What industry does West African Resources Limited operate in?
West African Resources Limited, trading as West African Resources, is a Public Company that generates the majority of its income from the Gold Ore Mining industry in Australia.
Where is West African Resources Limited located?
Murray Cod Australia Limited company is based at 1 Alvan Street, Subiaco, Western Australia, Australia.
Who is the CEO of West African Resources Limited?
The FINANCIAL DECISION MAKER of West African Resources Limited is Richard Ian Hyde and the FINANCIAL DECISION MAKER is Padraig Cronin Gore O'Donoghue.
What was West African Resources Limited’s revenue in 2025?
In 2025, West African Resources Limited generated total revenue of approximately $745.0 million.
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