West Wits Mining Pours First Gold Bars from New Mine

0:00In Sydney, it's March 18th, and here's what is going on. West Whits Mining, an ASX listed company, has poured its first gold bars from the new Kuala Shalows underground mine near Johannesburg in South Africa. This marks the first new operational underground gold mine in the country in more than 15 years. They hit the milestone right on schedule at Zabaya Steel Waters, nearby Ezawani Processing Plan. The company spent years tackling tough regulations, securing funding, and building the operation in the famous Whitwater's Rand Gold Basin. Kuala Shalows is just the start of their bigger Whitwater's Rand Basin project, which holds a massive resource in one of the world's top gold areas. Leaders from West Whits, including Chairman Michael Quinter and CEO Rudy Dysel, celebrated the poor onsite. They called it a huge win after years of hard work, proving they're disciplined in a challenging environment, under a smart toll treatment deal, or from the mine goes straight to the Ezawani plant, saving big on costs.

1:02This setup lets them focus on mining without building their own facility. Now, they're revving up production, with underground work ongoing, and more ore heading to the plant. At full speed, the mine could hit 200,000 ounces a year, and run for 20 to 25 years, breathing new life into the region. Support for this episode comes from our sponsor. See the description. It is a pillow that plays your podcast and music without earbuds. Built for listening in bed, S-O-L-L-I, solelypillow.com