• WIA Gold appoints David Edwards as CFO
• Kokoseb mine could produce 146,000 ounces annually over 11 years
• Company advancing financing and feasibility study for Namibia project

Australian gold developer WIA Gold announced on Monday, March 9, the appointment of David Edwards as Chief Financial Officer, bringing more than 25 years of project finance experience as the company advances its flagship Kokoseb gold project in Namibia.

"David’s appointment marks the beginning of Wia’s next phase of growth as we build the infrastructure required to bring the rapidly advancing the Kokoseb Gold Project into the development stage," said Henk Diederichs, WIA Gold's Managing Director. "His extensive experience overseeing periods of rapid growth across both large and emerging mining companies equips Wia with the capability to execute its strategy of becoming a fast‑growing, mid‑tier gold producer to unlock significant value for all stakeholders."

According to a scoping study released in 2025, the Kokoseb deposit has the potential to produce an average of 146,000 ounces of gold per year over an 11-year mine life, requiring an estimated capital investment of US$358.8 million. WIA plans to publish a definitive feasibility study later this year while advancing financing discussions ahead of a construction decision, a process in which Edwards is expected to play a central role.

The newly appointed CFO is no stranger to such challenges. He previously oversaw the financial and commercial aspects of the development of the Ancuabe graphite mine in Mozambique and, most recently, served as Chief Financial Officer of nickel mining company Alliance Nickel Limited.

With his arrival, attention will now turn to the pace of progress at Kokoseb, a project that could emerge as a significant new driver of gold output and mining revenues for Namibia. The country is also home to the Twin Hills gold project, being developed by Osino Resources with an estimated investment of US$365 million.

Aurel Sèdjro Houenou