West Wits Nearly Triples Monthly Mine Development As Funding Advances
Closing price · 2026-10-27: $0.325 · +3.17%
West Wits Mining nearly tripled monthly underground development during the September quarter, reaching a record pace in September, while surface infrastructure completion rose from 45% to 61%. The company says it has received a second senior-loan drawdown after meeting lenders’ cost-to-complete test, and expects stoping to begin in February 2027, with commercial production targeted for late 2027. A live quarterly investor webinar is scheduled for Thursday.