South African Gov. dismisses appeals against West Wits Mining (ASX:WWI)

South African Gov. dismisses appeals against West Wits Mining (ASX:WWI)

Chairperson, Michael QuinertSource: QR Lawyers

  • All three appeals lodged against West Wits Mining (WWI) have been dismissed by the South African Department of Environmental Fisheries and Forestry
  • The appeals were relating to the West Wits’ Environmental Authorisation (EA) for the Witwatersrand Basin Project in South Africa
  • The West Wits team have since re-commenced engagement with the department’s officers to now expedite the grant of the mining right
  • The company plans to ramp up gold production activity over the remainder of 2021
  • West Wits Mining shares are up 20.3 per cent, trading at 9.5 cent

All three appeals lodged against West Wits Mining (WWI) have been dismissed by the South African Department of Environmental Fisheries and Forestry.

The appeals were relating to the West Wits’ Environmental Authorisation (EA) for the Witwatersrand Basin Project in South Africa.

A detailed written decision by the Minister of Forestry, Fisheries and the Environment reinstated the department’s environmental authorisation and paved the way to complete the granting of the mining right application.

The West Wits team have since re-commenced engagement with the department’s officers to now expedite the grant of the mining right.

“The unconditional dismissal of the appeals is testament to the quality and thoroughness of the engagement process undertaken by our lawyers, specialist consultants and the executive team led by Managing Director Jac van Heerden,” said West Wits Chairman, Michael Quinert.

The West Wits Managing Director, Jac van Heerden says the authorisation significantly de-risks the project and is a major catalyst for execution of the next stage of the Witwatersrand Basin Project.

The company plans to ramp up gold production activity over the rest of the year.

West Wits Mining shares are up 20.3 per cent, trading at 9.5 cents at 9:25 am AEDT.

Business Local News