THE FUSE

West African Resources is one of the most commercially significant gold mining stories on the African continent right now. It is also one of the most politically complicated. The Australian Securities Exchange-listed company operates two gold mines in Burkina Faso, targets between 430,000 and 490,000 ounces of gold output for 2026, has committed $20 million to exploration this year and is simultaneously locked in a dispute with Burkina Faso's military government over how much of its flagship mine the state intends to take. Among the investors riding that story is Anthony Poli, who holds a 4.49 percent stake in the company worth over $120 million at current share prices.