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West Wits Mining funding fuels South African gold mine push
The growing ore stockpile at West Wits Mining’s Qala Shallows gold mine in South Africa with community housing developments in background for its workforce. West Wits Mining (ASX: WWI) has officially hit its stride at the company’s Qala Shallows gold project in South Africa, delivering a string of operational wins backed by a fresh US$12.5 million (A$19.2M) cash injection from the US-based Nebari Holdings. The company says the funding marks the first drawdown of a facility wo
James Pearson
Nov 20


West Wits Mining lands equity-for-fees coup for South African gold mine funding
A drill rig in action at West Wits Mining’ Qala Shallows underground mine in South Africa. In a ringing endorsement of West Wits Mining’s (ASX: WWI) Qala Shallows gold project in South Africa, government-backed Absa Bank has taken more than 100 million share options instead of cash fees for arranging the company’s recent US$50 million senior loan facility. The ASX-listed junior company revealed that Absa accepted 100,386,000 unlisted options in settlement of fees worth ZAR 7
James Pearson
Nov 10


West Wits Mining shifts first ore as South African gold production looms
West Wits Mining has hit a major milestone, delivering first underground ore from its Qala Shallows gold project in South Africa, with full production and first gold pour on track for early 2026.
James Pearson
Oct 15


West Wits Mining locks in $19M to launch South African gold mine
West Wits Mining has nailed down a $19 million loan from United States-based Nebari credit fund to fire up its Qala Shallows gold mine in...
James Pearson
Sep 29
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