West African Resources (ASX: WAF) Share Price Outlook: Kiaka Stake Talks, Gold Production Surge and 2026 Forecasts

West African Resources Ltd has gone from market darling to lightning rod for sovereign‑risk debate in just a few months. After a lengthy trading suspension linked to Burkina Faso’s new mining rules and a proposed increase in the State’s stake in its flagship Kiaka gold project, the stock is back on the ASX — and volatility has followed.

ASX:WAF · Financial Forecasts
WAF Stock Today (ASX:WAF): West African Resources Plunges 16% as Burkina Faso Stake Talks Reignite – November 26, 2025

WAF Stock Today (ASX:WAF): West African Resources Plunges 16% as Burkina Faso Stake Talks Reignite – November 26, 2025

West African Resources Ltd, the unhedged gold miner behind the Sanbrado and Kiaka projects in Burkina Faso, closed Wednesday, November 26, 2025 at A$2.56, down 15.8% for the session. The share price fell from a previous close of A$3.04, with heavy trading volume as the stock returned from a multi‑month ASX suspension linked to negotiations with the Burkinabe government over a larger state stake in the flagship Kiaka mine. Investing.com+2Ecofin Agency+2
26 November 2025
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