Latest Wwi News

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West Wits Mining has been granted a new prospecting right adjacent to its existing mining operations in South Africa, enabling a strategic depth extension of the Qala Shallows Kimberley Reef. Geological modelling and resource reviews are underway to capitalise on the current gold price environment.
Maxwell Dee
Maxwell Dee
29 Dec 2025
West Wits Mining has secured an initial US$12.5 million drawdown from its US$35 million Nebari facility, powering development at its Qala Shallows Gold Project in South Africa. The company reports key operational milestones, including first underground ore delivery and fleet expansion, targeting first gold pour by March 2026.
Maxwell Dee
Maxwell Dee
20 Nov 2025
West Wits Mining has issued over 100 million unlisted options to Absa Bank to settle loan fees, reflecting a deepening partnership and shared confidence in the Qala Shallows gold project.
Maxwell Dee
Maxwell Dee
10 Nov 2025
West Wits Mining has reached a pivotal milestone with first underground ore production at its Qala Shallows project, supported by a robust updated feasibility study and full funding secured for initial gold production.
Maxwell Dee
Maxwell Dee
29 Oct 2025
West Wits Mining Limited has presented a robust update on its flagship Qala Shallows gold project, showcasing a strong Definitive Feasibility Study and secured senior debt funding, targeting first gold production in early 2026.
Maxwell Dee
Maxwell Dee
3 Oct 2025
West Wits Mining has locked in a USD 12.5 million tranche of a USD 35 million loan facility from Nebari to accelerate development of its Qala Shallows Gold Project, aiming for first gold production in early 2026.
Maxwell Dee
Maxwell Dee
29 Sept 2025
West Wits Mining has raised $17.5 million through a discounted share placement to accelerate gold production at its flagship Qala Shallows project in South Africa. This capital injection, alongside existing loans, positions the company to advance toward steady-state output.
Maxwell Dee
Maxwell Dee
15 Sept 2025
West Wits Mining has secured a $12.5 million USD loan facility from Nebari to fast-track development of its Qala Shallows Gold Project in South Africa, aiming for first gold production in early 2026.
Maxwell Dee
Maxwell Dee
8 Sept 2025
West Wits Mining has secured a $50 million senior loan and updated its feasibility study, revealing significantly improved project economics for its Qala Shallows Gold Project. Mobilisation is underway, setting the stage for production ramp-up.
Maxwell Dee
Maxwell Dee
28 July 2025
West Wits Mining has released an updated Definitive Feasibility Study for its Qala Shallows project, revealing significant financial improvements and increased ore reserves. The study highlights a stronger gold price environment and refined mine plans that reduce capital requirements and accelerate payback.
Maxwell Dee
Maxwell Dee
23 July 2025
West Wits Mining appoints CEO Rudi Deysel as Managing Director and adds Keith Middleton as non-executive director, while veteran board member Hulme Scholes retires after 14 years. These changes come as the company transitions into operational gold production at its Qala Shallows project in South Africa.
Maxwell Dee
Maxwell Dee
14 July 2025
West Wits Mining has raised approximately A$14.36 million through a share placement to fund production at its Qala Shallows gold project and increase its ownership in the Witwatersrand Basin Project to 74%.
Maxwell Dee
Maxwell Dee
16 June 2025