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West Wits Mining Advances Qala Shallows Gold Project with Strong DFS and Secured Funding
9:43am on Friday 3rd of October, 2025 AEST
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Mining
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West Wits Mining Advances Qala Shallows Gold Project with Strong DFS and Secured Funding
9:43am on Friday 3rd of October, 2025 AEST
Key Points
Qala Shallows DFS confirms 17-year mine life with 70,000oz annual steady-state production
Post-tax NPV of US$500 million and IRR of 81% at US$2,850/oz gold price
Secured senior debt syndicated loan facility of approximately USD 50 million
Over 5 million ounces gold resource with 65% measured and indicated categories
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