West Wits Mining shares rise after appointment of new CEO in South Africa to drive growth
The company is advancing its Witwatersrand Basin Project in South Africa and the Mt Cecelia Project in WA's Pilbara region.
Company
West Wits Mining Limited
ASX:WWI
West Wits is focused on the exploration, development and production of high value precious and base metals for the benefit of shareholders, communities and environments in which it operates. The company’s Witwatersrand Basin Project, located in the proven gold region of Central Rand Goldfield in South Africa boasts a 7.24 Moz gold project at 4.00g/t.
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West Wits Mining to raise $1 million for development of South African gold project
The Witwatersrand Basin Project has historically produced 41 million ounces of gold at around 5 g/t and has significant areas of virgin ground.
West Wits Mining progresses permits, meets September production target
Mining from the Kimberley Central Open Pit has met September's production target.
West Wits Mining expands exploration potential of South African gold project
The K9B reef will form the basis of West Wits’ first underground operation.
West Wits Mining obtains gold nuggets from field trip to Pilbara
The company’s shares are trading about 6% higher intra-day, at 1.9 cents.
West Wits Mining adds 428,000 ounces to South African gold bounty
The K9B resource estimate takes overall Witwatersrand Basin Project to 3.67 million ounces.
West Wits Mining transforming into a junior gold miner in South Africa
The company has been advised that its Witwatersrand Basin Project mining rights application has been accepted.
West Wits Mining discovers visible gold in all samples from the Tambina Project
Nine nuggets were found with the largest 3.2 grams and the remainder ≤ 1 gram.
West Wits Mining is an emerging conglomerate-hosted gold producer
The company is fast-tracking its application for full-scale mining rights across the WBP.
West Wits Mining submits two mining permits, on track for gold production increase
The Witwatersrand Basin in South Africa has produced more than 40% of the world's gold.
West Wits Mining chairman increases shareholding ahead of Tambina gold exploration
Resumption of mining at Tambina could potentially generate modest cashflow towards year end.
West Wits Mining director doubles his stake as Tambina activity ramps up
Management is looking to identify suitable conglomerate hosted gold targets in the vicinity of Tambina.
West Wits Mining eyes conglomerate hosted gold targets in the Pilbara
The Tambina project could potentially contribute modest cashflow towards year end.
West Wits Mining adds expert exploration consultant to board
The company is in the process of expanding gold production in South Africa.
West Wits Mining eyes increased gold production in South Africa
The company is aiming for a substantial increase in gold production by 4Q 2018.
West Wits Mining board of directors put more skin in the game
Positively, the share purchases align the board more with investors.
West Wits Mining completes acquisition of conglomerate gold project in the Pilbara
Three granted mining leases will help fast-track the commencement of any identified opportunity.
West Wits Mining ramping up cashflow positive gold project in South Africa
JORC compliant gold resource recently upgraded to 3.26 million ounces of gold.
West Wits Mining's shares halted pending boost to metal inventory
The halt will remain in place until Tuesday 19th December 2017.
West Wits Mining continues to increase gold production in South Africa
The Witwatersrand Basin Project operations are now on a self-sustaining footing.