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West Wits Secures ZAR 875M Loan to Boost Qala Shallows Production
10:00am on Thursday 1st of January, 1970 AEST
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Mining
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West Wits Secures ZAR 875M Loan to Boost Qala Shallows Production
10:00am on Thursday 1st of January, 1970 AEST
Key Points
ZAR 875 million senior loan facility executed
Facility replaces previous Absa and IDC arrangement
Funding to support Qala Shallows production ramp-up
Loan includes gold price hedging via put options
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