The Age
·general
·2 hours ago
West Wits cashes WA gold project, keeps upside play
West Wits Mining sold its Mt Cecelia gold project in Western Australia to Aventine Resources for $2 million in equity on Thursday. West Wits retains a one percent royalty on future production and potential bonuses if Aventine discovers over 500,000 ounces of gold. This strategic divestment allows West Wits to concentrate on its flagship African operations.
Summary by Glance · The Age
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