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Joburg’s gold revival outlook strengthened still further as resource estimate surges
The latest compliant mineral resource estimate of the Witwatersrand Basin project of Sydney-listed West Wits Mining is up 2.2-million ounces, which strengthens the gold revival of Johannesburg, South Africa’s historic Golden City, still further. The project is situated about 15 km west of Joburg’s central business district, in Gauteng province. The estimate is now a 44%-higher 7.24-million ounces at a grade of 4 g/t of gold, West Wits, chaired by Michael Quinert, stated in a release to Mining Weekly on Monday, February 2. The updated estimate follows the granting of new prospecting right (PR) 10839, which is ... (full story)
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- Feb 2, 2026 4:54am Posted byFundamental Analysis222
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