Articles On West Wits Mining (ASX:WWI)

Source:ShutterstockProfessional, Shutterstock Summary Lefroy Exploration has been making the headlines since the last month. The stock has shot up by over 63 per cent to A$1.125. Digital Wine Ventures has signed a memorandum of unders...

Lefroy hits visible gold in follow-up drilling at ‘Burns’ gold-copper discovery West Wits says gold mining approval decision imminent OzAurum (gold), Aston (gold) and Podium (platinum, palladium) up on no news Here are the biggest small c...

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Source:Robat,Shutterstock Summary Newcrest Mining is one of the heavyweights in the space having a market capitalisation of almost $20 billion. De Grey Mining is a relatively smaller gold miner which has surged over 26 per cent since...

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...

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West Wits is approaching the anticipated granting of the mining right application and scheduled completion of the bankable feasibility study in Q2 2021 at the Witwatersrand Basin Project.

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Summary Penny stocks can deliver multi-bagging returns to investors, primarily because they are undiscovered and high growth companies.  While there is a high probability of better returns, these companies are also highly-risky investm...

Four of the eight target areas have been classified as ‘high priority’ and will be the focus of ground exploration planned for 2021. 

The company has also announced the resignation of Dr Andrew Tunks who was pivotal in growing the company’s mineral resource estimate during his tenure.

As a part of ongoing drilling, the company plans to drill 23 holes for 2,500 metres aimed at improving the confidence levels of areas targeted for early mining.

“We are confident that we will be able to bring the WBP into production relatively quickly given our plan for toll treatment at nearby facilities and easy access to the underground workings,” says MD.

The latest mineral resource update from South Africa gold hunter West Wits Mining (ASX: WWI) adds another 702,000oz to the project, bringing the total to 4.37 million ounces (Moz) at an average grade of 3.88 grams per tonne. West Wits Minin...

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 company believes the Heliborne Electromagnetic Survey over the Cecelia tenement will provide its geological team with important data to focus on drill target generation.

The capital raising wave shows no sign of crashing with August’s total coming in at $4.7bn. Once again resources companies raised more than any other sector — $163m of the $296m raised by companies with market capitalisations below $100m. F...

The sudden drop in spot gold prices and reintroduction of COVID-19 restrictions in New Zealand have hit the relevant ASX small caps this morning. After 100 days of being virus-free, four COVID-19 cases were detected in the country. New Zeal...

A quick wrap of the ASX’s key winners and losers on Thursday, July 30. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today 783 stocks rose, 532 declined and 7...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

A quick wrap of the ASX’s key winners and losers on Wednesday, July 15. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made potentially market-moving announcements during the day. Today 987 stocks rose, 400 d...

A quick wrap of the key winners and losers on Tuesday, June 30. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today 908 stocks went up, 474 went down, and 731...

Work on the third-party scoping study and exploration activities to convert the exploration target into a JORC-compliant resource is progressing well.

Manhattan Corp (ASX:MHC) is celebrating a high-grade gold discovery at the newly acquired (but very old) Tibooburra project in NSW. Old time prospectors pulled about 60,000oz of gold out of this project area between 1881 and 1901. And despi...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Eleven small caps were snared in the corporate cop’s enquiries into annual reports last year, leading it rather than the companies involved to inform the market about asset write downs. ASIC reviewed 2019 annual reports from 200 companies,...

West Wits Mining (ASX:WWI) has received nearly $600,000 from Wingfield Durban Deep as it completes the first tranche of its capital raise Last month, the company announced a US$1 million capital raise, worth AUD$1.49 million Funds from th...

If there’s one commodity that has started the decade well, it’s oil. Brent oil has gained 5.2 per cent this week and crude oil has gained 4.2 per cent. In contrast, some of the top performing commodities of 2019 have been slower. Copper has...

West Wits Mining (WWI) has announced a US$1 million capital raising, worth approximately AUD$1.45 million, to fund work and exploration The company signed a subscription agreement with U.S.-based investment group, Wingfield Capital Partne...

The company has entered into a subscription agreement with a US-based investment group to raise US$1 million through the issue of 1 million convertible notes.

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

The company expects to provide a formal response this week, more than two weeks prior to the deadline.

Michael Quinert has acquired more than 2.9 million shares and now holds almost 26.05 million.

The company is confident in Witwatersrand with the gold price strengthening as project development continues.

On Stockhead today, why Australia’s telco sector is “mission critical, Amazon finds spare change under couch cushion and orders 100,000 EVs and WA mining smashes employment and sales records. But first:   The day ahead The Reserve Bank of A...

The company is focused on conglomerate gold in South Africa’s Witwatersrand basin and WA’s Pilbara region.

The company had previously written down to no value its holding in the Derewo River Gold Project.

The company anticipates the placement shares will be issued early next week, at which it will seek reinstatement of its securities to quotation.

Mt Cecelia is 70 kilometres west of Rio Tinto’s recent Winu copper-gold discovery and Rio’s exploration licence applications adjoin more than 60% of Mt Cecelia’s tenement boundary.

At the start of every trading day, it can be useful to know which stocks are humming out of the gate. Large percentage moves in small caps aren’t uncommon, but sometimes a big announcement can cause a stock to rocket higher (or fall). Stock...