Articles On West Wits Mining (ASX:WWI)

The hot debut of Evolution Energy Minerals (ASX:EV1) was not enough to save the ASX resources sector from falling today. The ASX 200 finished 0.67% down at 7,420 points. All sectors were down except tech, which gained 0.18%. In contrast, mo...

The ASX posted steady gains to start the week on Monday, with investors preferences leaning towards tech/consumer stocks and gold (unusual bedfellows) at the expense of the big banks and iron ore majors. Companies that specialise in the pre...

West Wits Mining (WWI) begins the week in a trading halt while it plans the details of an upcoming capital raising The company will remain in the halt until November 17 or when more details are released, whichever occurs first On October...

Growing concerns about inflation could send gold prices soaring back above the US$2,000 ($2,746) an ounce mark it last reached back in 2020. Prices of the precious metal have already been rising steadily over the past fortnight, up some 3.7...

A global carbon taxation regime could slash gold miner profit margins by up to 45% unless an effort is made to reduce greenhouse gas emissions, Metals Focus says. Some countries, such as Canada and Sweden, already impose carbon taxes and th...

The gold price may be in a holding pattern at ~$US1,800/oz, but Aussie gold miners continue to throw piles of cash at acquisitions and new developments. Westgold (ASX:WGX) looks increasingly likely  to hoover up struggling producer Gascoyne...

The Witwatersrand asset is more than just a precious metals play, with West Wits on course to advance uranium exploration over its iconic gold property.

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Gold stocks are cheap, experts keep saying. Well-known analyst Jesse Felder has now demonstrated the “pathetic performance” of the US gold majors in handy chart form. The US listed BANG stocks (Felder’s play on FANG) include gold giants Bar...

The +9Moz, ~350,000ozpa ‘Kyuchus’ field will be one of Russia’s biggest gold mining projects. Kyuchus was first discovered in 1963, but its isolation in the harsh Arctic climate of the Yakutia region has, so far, stymied numerous developmen...

The initiative will see production commence in February 2022, with plans to produce between 5,000 and 8,500 tonnes of ore per month.

West Wits Mining (WWI) begins its early mining initiative at the Qala Shallows area within the Witwatersrand Basin project (WBP) in South Africa The initiative is utilising leftover ore from the old mine to add to the WBP’s production prof...

Investors want to see gold miners wisely grow their production profile. Not like miners did during the last cycle, when some irrational, highly priced M&A action destroyed significant wealth. The big gold miners have a “lousy recent his...

With Taurum’s appointment, WWI is a step closer to assessing financing options that will support the circa US$50 million required to bring the Witwatersrand gold asset online.

There is a lot of uncertainty in the market due to tensions in China, rising interest rates and continuing economic recovery of the global COVID-19 pandemic, with investors fleeing for safe havens to park their cash in. Safe havens like gol...

The valuations of major gold miners remain weak despite falling debt and record dividends, according to the latest Metals Focus Gold Peer Group Analysis. Australia’s largest gold miners Newcrest (ASX:NCM), Northern Star (ASX:NST), and Evolu...

ShareCafeWebinar Recap – PFG, ZEO, AOP & WWI Catch up on the full webinar with presentations from Prime Financial Group (ASX: PFG), Zeotech (ASX: ZEO), Apollo Consolidated  (ASX: AOP) & West Wits Mining (ASX: WWI) Webinar Recap –...

The West Wits Mining Limited (ASX: WWI) share price has finished the day in the green on Friday, finishing trading at 5.5 cents. That’s a 25% gain on the day, and well ahead of the benchmark S&P/ASX 200 index (ASX: XJO)’s 0.8% loss tod...

The ASX 200 has tracked lower in Friday trade, rounding out a choppy week where local stocks struggled for direction. The index was dragged lower by another brutal session for the big miners as iron ore prices tanked again, led by a 15% dro...

It’s been a frustrating few months for gold bulls. As an investment hedge, gold shines during periods of poor or volatile market sentiment. It loves drama like pandemics, civil wars, or the unprecedented failure of the Lehman Brothers in 20...

WWI’s next steps include the submission of an environmental management plan, as well as a prospecting works plan to the DMRE as part of the standard application process.

Gold continues to consolidate around $US1,800/oz which, if we went back in time to July 2020, would be cause for celebration. Back then $US1,800/oz was an eight-year high and bullish sentiment was nudging even the shittiest exploration stoc...

The developer behind the 3.55-million-ounce Witwatersrand Basin gold play in South Africa used the survey to confirm the prospectivity of its four exploration prospects at the greenfields Mt Cecelia asset in WA ahead of maiden drilling next...

Last week, West Wits released the DFS for Qala Shallows, the first stage of planned mine development at its Witwatersrand Basin Project in South Africa.

The ASX 200 finished in the red today, as the big end of town played second fiddle to the microcap Emerging Companies index which posted a solid ~0.7% gain. Mining stocks dragged on the broader index, as BHP (ASX:BHP) traded ex-dividend (it...

Highlights Engineering services firm TEK-Ocean Group has made a lacklustre ASX debut. Flight Centre Travel Group shares witnessed an uptick on forming a JV with Japan’s NSF Engagement. Senex Energy has signed a gas sales agreement wit...

Qala Shallows is the first of five planned stages of development at the company’s flagship Witwatersrand Basin Project in South Africa.

Highlights The Australian benchmark ASX 200 index declined 1.2% in broad-based sell-off. All 11 sectors were bleeding in red, while materials declined the most due to fall in iron ore prices. BHP, CSL, NIB Holdings, Woolworths, Deterr...

The West Wits Mining Limited (ASX: WWI) share price is tumbling in late morning trade, down 12% at time of writing. Below we take a look at the ASX gold explorer’s latest market announcement. What did the gold explorer report? West Wits’ s...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Gold bugs would be breathing a sigh of relief this week as the price stabilises just shy of $US1,800/oz ($2,463/oz Aussie) thanks to Monday’s healthy 1.5% gain. While there are plenty of other red hot sectors attracting investor dollars rig...

The mining right application and scoping study completion are pivotal to achieving the company’s goal of becoming a junior gold producer targeting more than 60,000 ounces gold per annum over a 15-year plus mine life.

The gold price itself had 12 months of consolidation. Now we are entering a new stage of a bull market which Barry Dawes of Martin Place Securities believes “will take it much, much higher”. In the big scheme of things, the pullback we have...

Results have indicted the potential to turn the project into a long-term gold producer with average steady stage annual production of 80,000 ounces for 18 years over a 20-year mine-life.

On Sunday, a chaotic ‘flash crash’ saw the gold price plummet into the $US1600s per ounce before staging a mild recovery. Experts mostly point to a better than expected jobs report out of the US for heavy selling that saw the traditional he...

The gold explorer recently completed a $7 million capital raise to rapidly advance a development program at its cornerstone Witwatersrand Basin Project in South Africa.

As an uncorrelated asset – value not tied to larger fluctuations in the traditional markets — gold has had “its lunch cut a bit” by crypto, PCF Capital’s Liam Twigger says. “There is an article in the last Economist asking, ‘what happens if...

The fresh capital will support West Wits’ development strategy as it continues to evolve its cornerstone South African gold project.

Local markets have made a strong start to the week, with the ASX200 closing 1.34% higher on Monday as some major M&A activity stole the headlines. Gains were led by the tech sector, as Afterpay (ASX:APT) showed its weight by dragging th...

The armed forces could be called upon to enforce Sydney’s strict lockdown, and we might see troops on the streets as early as Monday. On the bourse, the benchmark ASX 200 has closed 0.40% lower on Friday, but was flat for the week. The mini...

Strong consumer buying and modest institutional investment helped create gold demand of 955.1 tonnes over Q2 – a 9% rise from Q1 2021, and in line with the equivalent period last year. While both consumers and retail investors were purchasi...

Securities will remain halted until Tuesday, August 3, 2021, or when an announcement is released to the market.

The mining right grant paves the way for completion of the definitive feasibility study on the flagship project which will facilitate declaration of the maiden ore reserve in August 2021.

Company shares soared on the key approval, which brings West Wits a step closer to producing more than 60,000 ounces of gold per annum at its core Central Rand Goldfields asset.

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

It is no longer just lip service — to create max value for shareholders, miners know they need good Environmental, Social and Governance (ESG) credentials. Failing to maintain good relationships with stakeholders (like governments, local co...

The resource upgrade brings West Wits a step closer to establishing a maiden ore reserve for the 4.47-million-ounce gold play, with a definitive feasibility study slated for completion next month.

Gold had its worst month since November 2016 in June, down 7% to $US1,779/oz. Mining and exploration stocks have followed suit. This bearish trend creates a buying opportunity, experts say. Boutique investment advisory firm head Frank Holme...