Australia's West Wits Mining rises most in nearly 3 months on cost saving

West Wits Mining

14/04/2023 04:23

** Shares of West Wits Mining  WWI.AX  soar as much as 18.8%
to A$0.019, their best intraday gain since Jan. 16
    ** Says it got approval for a 7.5MVA power supply to part of
its Witwatersrand Basin Project, its gold project in South
Africa, from Joburg City Power 
    ** Securing power supply from the city instead of using
diesel power generators expected to be about 75% less expensive 
    ** WWI hits highest level since Jan. 30
    ** As of last close, stock flat YTD 

 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com))