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Maroc Maroc - MININGMX.COM - A La Une - 04/Jul 13:43

Australian miner raises $100m for Burkina Faso gold project

GOLD miner West African Resources is to raise A$150m (US$100m) through a share placement that will complete funding for its 234,000 ounces a year Kiaka project in Burkina Faso. The balance of funds for the US$447m project will be drawn from cash and bullion holdings of A$484m (US$325m), operating cash flow, and an equipment financing […]

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