Australia's West Wits Mining rises on funding boost

West Wits Mining

29/09/2025 02:23

** Shares of Australia's West Wits Mining WWI.AX rise as much as 9.8% to A$0.045, their highest level since September 23

** Stock on track to record its second consecutive session of gains, if trend holds

** The precious and base metals miner signs agreements for an initial tranche of $12.5 million loan facility from a total of $35 million

** Loan facility to help company advance development of Qala Shallows Gold Project and Stage 1 of Witwatersrand Basin Project in South Africa

** Stock has risen 214.3% this year, including session gains

 (Reporting by Roshan Thomas in Bengaluru)

 ((Roshan.Thomas@thomsonreuters.com;))