trending Market Intelligence /marketintelligence/en/news-insights/trending/qEWe9xAWt0VQwyTMtQcD_g2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

First Au to earn up to 80% interest in West Wits' Tambina gold project

COVID19 Mining Impacts Mining Projects With At Risk Production

Mining Insights Newsletter June 2020

A Decade of Underperformance for Gold Discoveries

State of the Market: Mining Q1-2020

First Au to earn up to 80% interest in West Wits' Tambina gold project

West Wits Mining Ltd. subsidiary Tambina Gold Pty. Ltd. entered into an agreement allowing First Au Ltd. to earn up to an 80% interest in the three active mining leases forming the Tambina gold project in Western Australia.

First Au can earn the interest by subscribing to a placement of 20 million West Wits shares priced at 0.9 Australian cents apiece, paying A$60,000 in cash and spending A$500,000 on exploration over three years.

West Wits said March 13 that the initial cash consideration of A$240,000 will help accelerate the completion of mining license applications for its Witwatersrand Basin gold project in South Africa and development of the Kimberley East underground project.

Once First Au has earned an 80% interest in the project, the companies will contribute to costs based on their respective interests. First Au will serve as manager of the joint venture from the formation and throughout the earning phase.

West Wits completed the acquisition of the three Tambina mining leases in late January 2018.