West Wits eyes second SA development
PERTH (miningweekly.com) – South Africa-focused West Wits Mining has selected a second surface project for development at its Soweto cluster gold project, in Gauteng.
The ASX-listed company told shareholders on Tuesday that the Main and South Reef (M&S) project had been selected as the second project to be developed in the pipeline of five or six surface opportunities at the Soweto project.
The M&S project forms part of West Wits’ broader strategy of developing a number of surface opportunities providing cash flow to further expand the company’s resource from 1.37-million ounces, as well as to develop a larger mine plan, with the aim of sustaining the production of 100 000 oz/y for a minimum of ten years.
“The selection of M&S is the result of a continuing review of the large pipeline of opportunities which the Soweto cluster hosts. We intend to progress the development of M&S quickly and are in active discussions with potential contractors who have the necessary expertise and capacity,” said chairperson Michael Quinert.
“We are aiming to be in a position to execute a heads of agreement in the near term.”
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation













