Witwatersrand Consolidated Gold Resources Limited ("Wits Gold" or "the Company") is a South African gold and uranium exploration company with specialised geological expertise in the world’s largest gold province: the Witwatersrand Basin in South Africa. The Company has a primary listing on the JSE Limited (JSE) and a secondary listing on the Toronto Stock Exchange (TSX), as well as an ADR programme backed by the Bank of New York Mellon.
Wits Gold is a relatively new entrant to the mining sector, having been formed in 2003 with the aim of acquiring properties adjacent to operating mines within the goldfields of the Wits Basin, in order to quantify their exploitable resources. The Company’s present assets were originally held by the major mining companies AngloGold Ashanti, Gold Fields and Harmony.
This exclusive focus on exploration served to build a comprehensive and unique geological understanding of the Wits Basin and led to the development of several high-quality assets, strategically located and with obvious potential to deliver both short and long term value.
With two of these assets now at an advanced stage, Wits Gold has matured from explorer to emerging gold producer and is currently engaged in the development of its projects into profitable operations over the next five years.