Mining News

West Wits take a bigger stake in WBP

ASX-listed West Wits Mining has struck a deal with its black economic empowerment (BEE) partner to increase its shareholding in the Witwatersrand Basin project (WBP), in South Africa, from 66.6% to 74%.

West Wits will acquire Lilitha Resources’ interest in the project for A$50 000 in cash and 96-million ordinary shares in the company.

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