West Wits locks in A$96.7M to drive South African gold ramp-up
West Wits Mining secured A$96.7 million in project funding for its Qala Shallows gold project in South Africa, completing its financing pathway. The deal with Absa Bank and Nedbank CIB supports the ramp-up towards a production target of 70,000 ounces annually, starting in late 2028. This marks a significant step forward for the country’s mining sector.
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Published 19 Jun 2026, 06:51 UTC · Updated 19 Jun 2026, 07:00 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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