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A further $2 million is expected to come by way of shortfall arrangements taking total capital raising proceeds, including a $A1.6 million...
The initiative will see production commence in February 2022, with plans to produce between 5,000 and 8,500 tonnes of ore per month.
Following the release of the DFS, Qala Shallows’ project development commenced in September 2021. West Wits expects production to commence in early 2022.
West Wits Mining up 31% following “milestone” mining right grant for Witwatersrand Basin project Company shares soared on the key approval, which brings West Wits a step closer to producing more than 60,000 ounces of gold per annum at its core Central Rand Goldfields asset. West Wits has secured a right to mine at the South African Witwatersrand Basin Project. West Wits Mining Limited (ASX:WWI) has secured a crucial approval, establishing its right to mine at the Witwatersrand Basin Gold Project in South Africa. The country’s Department of Mineral Resources and Energy (DMRE...
2021-07-20 by Proactive Australia West Wits Mining Limited (ASX:WWI) has secured a crucial approval, establishing its right to mine at the Witwatersrand Basin Gold Project in South Africa. The country's Department of Mineral Resources and Energy (DMRE) granted West Wits' mining right application, with director general Adv Thabo Mokoena confirming the key approval. Ultimately, the mining right brings the ASX-lister a step closer to producer status and operating in South Africa's Central Rand Goldfields, a region famous for hosting the world's largest-known gold reserves. At Witwatersrand, Wes...