West Wits funding clears another hurdle as Qala Shallows advances toward production

• R236 million second drawdown received under the R875 million Absa and Nedbank senior facility
• Underground development reached 1,150 metres by September, with September advance rising to 200 metres
• Stoping is scheduled to begin in February 2027, ahead of commercial production targeted for Q4 2027
• Surface infrastructure was 61% complete at September, while permanent backup power is due for commissioning in October