WWI Stock Discussion

West Wits Mining Limited   Description

West Wits Mining Limited is a mining and exploration company. The Company's principal activities include exploring for gold at the mining tenements situated in South Africa and Papua Province, Indonesia. The Company's segments include South Africa, Indonesia and Australia. The Company is focused on developing its Soweto Cluster Gold Project, located near Johannesburg. The Soweto Cluster project consists of approximately two mining centers, which include the Durban Roodepoort Deep and the Rand Leases on the Northern Edge of the Witwatersrand Basin in the Central Rand Goldfield immediately southwest of the city of Johannesburg. Its Derewo River Gold Project is situated on the Derewo River within the central mountains of the Papua Province, Indonesia. The project is located approximately 110 kilometers north west of Freeport McMoRan's Grasberg complex. The Company's subsidiaries include West Wits Mining SA (Pty) Ltd, West Wits Monarch (Pty) Ltd and PT. NuGold Indonesia.

Sector: Basic Materials
Industry: Gold
Keywords: Exploration Mining Gold Media Water Goldfield Western New Guinea Johannesburg Provinces Of South Africa