Last 3.75 GBp
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As of 5:32 AM 12/29/14 All times are local (Market data is delayed by at least 15 minutes).

west african minerals corpor (WAFM) Snapshot

3.75 GBp
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3.75 GBp
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3.75 GBp
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52 Week High
12/30/13 - 10.63 GBp
52 Week Low
07/7/14 - 3.38 GBp
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-0.0080 GBp
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west african minerals corpor (WAFM) Details

West African Minerals Corporation acquires, explores, and develops iron ore projects in Africa. The company, through its subsidiary, Compagnie Minière du Cameroun SA, holds a 100% interest in 5 iron ore exploration licenses that cover an area of approximately 4,000 square kilometers in Cameroon, West Africa. It also holds a 75% interest in 5 iron ore exploration licenses covering a total area of approximately 687 square kilometers in Sierra Leone. The company was formerly known as Emerging Metals Limited and changed its name to West African Minerals Corporation in December 2011. West African Minerals Corporation was incorporated in 2007 and is headquartered in Douglas, the Isle of Man.

Founded in 2007

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west african minerals corpor (WAFM) Key Developments

West African Minerals Corporation Reports Unaudited Consolidated Earnings Results for the Six Months Ended September 30, 2014

West African Minerals Corporation reported unaudited consolidated earnings results for the six months ended September 30, 2014. For the period, the company reported loss before finance income of £676,892 against £6,352,814 a year ago. Loss before income tax was £670,296 against £6,358,759 a year ago. Loss attributable to owners of the company was £670,296 or £0.0019 per basic and dilute share against £6,358,759 or £0.0221 per basic and diluted share a year ago. Net cash used in operating activities was £571,325 against £963,233 a year ago. Purchase of property, plant and equipment was £3,810 against £156,250 a year ago.

West African Minerals Corporation expected to report First-Half, 2015 results on December 28, 2014. This event was calculated by Capital IQ (Created on December 22, 2014).

West African Minerals Corporation expected to report First-Half, 2015 results on December 28, 2014. This event was calculated by Capital IQ (Created on December 22, 2014).

West African Minerals Corporation Completes Infill Drilling at South Sanaga in Coastal Cameroon

West African Minerals Corporation announced results of the infill drilling program on its South Sanaga iron ore license located about 60km from the commercial seaport and infrastructure at Douala and within 10km of the main railway between Yaoundé and Douala. The reverse circulation (RC) infill programme comprised a total of 2,214 meters following up on a successful reconnaissance drilling programme that intersected multiple coarse-grained magnetite gneiss packages. The company has now generated sufficient data to complete a maiden mineral resource estimate in 2015. The RC infill drilling programme at the South Sanaga license was completed on a total of 2,214 meters drilled in thirty-seven holes (SRC004 to 040). Assay results have been received for RC infill holes SRC006 to SRC024; all other outstanding assays are expected by the end of the year. Inclusive of the previously reported 1,729 meters of reconnaissance diamond core drilling in seventeen holes, a total of 3,943 meters of drilling on South Sanaga has been completed to date. Drilling targeted the NW-dipping magnetite gneiss units originally intersected in the diamond drilling programme and these units have now been intersected from surface to a depth of 150 meters.


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