South Africa sets aside billions to revitalize mining towns

The Golddigger property spans 666 square kilometres within the Golden Triangle’s Eskay Rift.

The 248-sq. km property hosts five deposits and over 25 untested exploration targets.

The post-tax net present value (5% discount rate) is estimated at $516 million with a 71% internal rate of return.

ASX-listed junior will scale up with the A$166.5 million deal, which is the first mining acquisition in Australia for 2025.