minerresourceoptimization

📈 West Wits Secures Key Ground for South African Gold Mine Expansion

Australian-listed West Wits Mining has made a major strategic move by securing key prospecting rights and expanding its footprint at the historic Witwatersrand Basin Project (WBP) in South Africa — positioning the company to grow production and strengthen its gold mining operations.

• Стратегическое расширение: West Wits has acquired new prospecting rights adjacent to its current mining footprint, enhancing continuity with established ore bodies and reducing exploration uncertainty.

• Исторический золотой район: The Witwatersrand Basin has produced over 40 % of all gold ever mined globally; the project’s expanded resource base now underpins long-term growth.

• Потенциал производства: Qala Shallows, now operational, is the first new underground gold mine in South Africa in ~15 years, slated to produce ~70,000 oz/year over ~17–18 years.

• Путь к росту: First ore has already been extracted, infrastructure is in place, and the first gold pour is scheduled for March 2026, laying groundwork for further expansions like Bird Reef Central.

• Экономическое воздействие: The expanded operations are expected to create jobs and contribute significantly to the South African economy as West Wits evolves from developer to producer.

“Reviving mining activity in the Witwatersrand — a globally iconic gold basin — signals renewed investor confidence and operational momentum in South African gold mining after years of stagnation.

#WestWits #Witwatersrand #QalaShallows #MiningExpansion #MinerResourceOptimization
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