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The latest announcement is out from West Wits Mining Limited ( (AU:WWI) ).
West Wits Mining Limited has released updates on its Qala Shallows Definitive Feasibility Study (DFS) for the Witwatersrand Basin Project, indicating improved results. The project, which includes inferred mineral resources, is strategically positioned within a well-researched geological structure. The company emphasizes that the ability to achieve production targets will depend on securing adequate funding and resolving logistical challenges, highlighting the potential impact on its operations and positioning in the gold mining sector.
More about West Wits Mining Limited
West Wits Mining Limited operates in the mining industry with a focus on gold production. The company is advancing its operations in the Witwatersrand Basin Project located in Johannesburg, South Africa, aiming to become a near-term gold producer.
Average Trading Volume: 5,491,032
Technical Sentiment Signal: Sell
Current Market Cap: A$66.63M
Find detailed analytics on WWI stock on TipRanks’ Stock Analysis page.