middle.news

West Wits Advances Qala Shallows with $50M Loan and DFS Upgrade

3:31pm on Monday 28th of July, 2025 AEST Mining
Read Story

West Wits Advances Qala Shallows with $50M Loan and DFS Upgrade

3:31pm on Monday 28th of July, 2025 AEST
Key Points
  • Secured ZAR 875 million (~USD 50 million) senior syndicated loan facility
  • Updated 2023 Definitive Feasibility Study shows 88% free cash flow increase to US$983M
  • Mobilisation commenced with key contracts and equipment deliveries completed
  • Increased ownership in Witwatersrand Basin Project to 74% via minority buyback
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about West Wits Mining (ASX:WWI)
OPEN ARTICLE