Bitcoin groundbreakers share personal stories of how Bitcoin is changing lives for the better. Host Mauricio Di Bartolomeo, co-founder and CSO of Ledn, speaks with leading Bitcoin voices, entrepreneurs, and human rights advocates to hear their unique journey and practical real-world examples of how Bitcoin has made a positive impact in their lives. Brought to you by Ledn, a leading financial services company built for Bitcoin & digital assets. Ledn offers a suite of lending, saving and tradi ...
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West Wits Mining raises $1.5 million for Qala Shallows gold operations
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Manage episode 436407412 series 2891889
Inhalt bereitgestellt von Proactive Investors. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Proactive Investors oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.
West Wits Mining Ltd (ASX:WWI) chairman Michael Quinert joins Proactive’s Tylah Tully to discuss a successful $1.5 million capital raise to advance the flagship Qala Shallows operations, within the Witwatersrand Basin Gold Project in South Africa. As well as supporting the company’s transition to gold producer status, the funds will also cover consultant fees related to the due diligence process for bank funding, working capital, and corporate and offer costs. Earlier this year, the South African Development Finance Institution (DFI) commenced due diligence for the Qala Shallows mine development, a crucial step in securing project funding. This is now substantially complete and the DFI is expected to proceed with its approval process within the current quarter. A commercial bank is also conducting its own due diligence, aiming to participate in a syndicated senior debt loan with the DFI. Qala Shallows is set to begin operations soon and is projected to produce nearly one million ounces of gold over its 17-year lifespan, with an annual steady-state output exceeding 70,000 ounces at an operational cost below US$900 per ounce. #Proactiveinvestors, #WestWitsMining #ASX #QalaShallows, #GoldProduction, #WitwatersrandBasin, #MiningFunding, #GoldMining, #ConvertibleNotes, #SouthAfricaMining, #MineralResource, #MiningInvestment, #FeasibilityStudy, #ProjectFinance, #MiningIndustry, #CapitalRaise, #GoldExploration, #OperationalReadiness, #GoldSector, #CorporateFinance, #ShareholderApproval, #MiningProjects #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
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608 Episoden
MP3•Episode-Home
Manage episode 436407412 series 2891889
Inhalt bereitgestellt von Proactive Investors. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Proactive Investors oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.
West Wits Mining Ltd (ASX:WWI) chairman Michael Quinert joins Proactive’s Tylah Tully to discuss a successful $1.5 million capital raise to advance the flagship Qala Shallows operations, within the Witwatersrand Basin Gold Project in South Africa. As well as supporting the company’s transition to gold producer status, the funds will also cover consultant fees related to the due diligence process for bank funding, working capital, and corporate and offer costs. Earlier this year, the South African Development Finance Institution (DFI) commenced due diligence for the Qala Shallows mine development, a crucial step in securing project funding. This is now substantially complete and the DFI is expected to proceed with its approval process within the current quarter. A commercial bank is also conducting its own due diligence, aiming to participate in a syndicated senior debt loan with the DFI. Qala Shallows is set to begin operations soon and is projected to produce nearly one million ounces of gold over its 17-year lifespan, with an annual steady-state output exceeding 70,000 ounces at an operational cost below US$900 per ounce. #Proactiveinvestors, #WestWitsMining #ASX #QalaShallows, #GoldProduction, #WitwatersrandBasin, #MiningFunding, #GoldMining, #ConvertibleNotes, #SouthAfricaMining, #MineralResource, #MiningInvestment, #FeasibilityStudy, #ProjectFinance, #MiningIndustry, #CapitalRaise, #GoldExploration, #OperationalReadiness, #GoldSector, #CorporateFinance, #ShareholderApproval, #MiningProjects #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
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608 Episoden
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