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West Wits Mining Limited ( (AU:WWI) ) just unveiled an update.
West Wits Mining Limited has announced the successful drawdown of the first tranche of US$12.5 million from Nebari Natural Resources Credit Fund II LP, marking a significant milestone for the company. This funding will advance the development of the Qala Shallows Gold Project, with the first gold pour targeted for March 2026, reinforcing West Wits’ transition from developer to producer and strengthening its position in the mining industry.
More about West Wits Mining Limited
West Wits Mining Limited is engaged in the exploration, development, and production of precious and base metals, focusing on high-value resources. The company operates the Witwatersrand Basin Project in South Africa, known for its significant gold reserves, and is exploring gold and copper at the Mt Cecilia Project in Western Australia.
Average Trading Volume: 22,697,860
Technical Sentiment Signal: Buy
Current Market Cap: A$195.6M
See more data about WWI stock on TipRanks’ Stock Analysis page.