Pan African Resources

• 01/02/12

  Approval for Barberton Tailings Project

• 31/01/12

  Presentation re acqusition of Evander on website

• 30/01/12

  Acquisition of Evander Gold Mine

• 30/01/12

  Statement re acquisition of Evander Gold Mine

• 30/01/12

  Joint briefing by Pan African and Wits Gold

• 

  31/01/12

  Pan African can make Evander deal work, says broker

  Pan African Resources has a good chance to make the proposed acquisition of the Evander gold mine in South Africa  work, according to broker Collins Stewart.

• 

  13/10/11

  Pan African Resources: Gold and platinum pioneers

  From zero revenues just four years ago, Pan African Resources turned in gross revenue of almost £80 million in the year ending June 2011, giving them attributable earnings of over £17 million.

• 

  22/02/11

  Pan African's CEO Nelson expects security costs to fall significantly

  Security costs are set to fall significantly at Pan African in the coming year, according to chief executive Jan Nelson who also revealed the Fairview Tailings Project could add a further 25,000 low cost ounces of gold to the production. He was speaking after a set of solid interim results, which showed the group had been tenacious in tackling costs.

• 

  22/02/11

  Pan African Resources withstands cost pressures to post a 70pct rise in first-half earnings

  The company's interims today are the culmination of a number of years of hard work that have seen Pan African transformed from promising gold explorer to cash generating miner. It has managed to withstand cost pressures to post a solid set of earnings.

• 

  05/11/10

  Pan African and International Ferro Metals green-light Phoenix Platinum tailings project

  Pan African Resources will treat chrome tailings from IFM's Lesedi mine to produce 211,000 ounces of platinum group metals, with a current basket price of around US$1,250 per ounce. With the agreement now reached with IFM, the company can now crack on with the construction of the plant and first production is expected in 2011.

• 30/01/12

  Pan African Resources and Wits Gold to buy Harmony's Evander mine - UPDATE

• 30/01/12

  Pan African Resources and Wits Gold to buy Harmony's Evander mine

• 25/01/12

  Pan African first half earnings to double - UPDATE

• 25/01/12

  Pan African first half earnings to double

• 29/12/11

  Pan African Resources says negotiations ongoing

•  

  02/06/2011

  Stocktube video - Jan Nelson at Pan African Resources says he ‘very excited’ by the Barberton upgrade

  Jan Nelson, CEO at Pan African Resources (LON:PAF,JSE:PAN), tells Proactive Investors that he’s very excited about the longevity of the assets at Pan African, especially after the resource upgrade at the Barberton Mines project. He expects a continuation of the recent earnings success and dividend policy as the platinum asset comes online.
•  

  13/05/2010

  Jan Nelson, CEO of Pan African Resources, talks to Proactive Investors

  Jan Nelson, CEO of Pan African Resources, talks about a shallow underground mine in South Africa, over 10 grams gold per tonne, significant growth potential, a cash cost of US$360 an ounce to produce platinum group elements, extremely high margins, low capital commitments, short payback, £12m in the bank and a dividend.
• 

  09/12/2009

  Pan African Resources One2One Investor Presentation 9 December 09 (PDF)

  Jan Nelson, CEO of Pan African Resources, updates investors at the Proactiveinvestors One2One Forum on 9th December 2009
•  

  07/07/2009

  Jan Nelson of Pan African Resources talks to Proactiveinvestors

  Jan Nelson of Pan African Resources talks to Proactiveinvestors
• 

  01/07/2009

  Jan Nelson of Pan African Resources updates Proactiveinvestors on its activities (MP3)

  Jan Nelson, CEO of Pan African Resources, talks about a planned platinum group metals project that can reach payback within three years, acquiring the Barberton gold mines outright, increasing earnings per share by 30%, increased liquidity and institutional support, and the strategic advantage in having Shanduka Resources as a major shareholder.

Strategy: to build a profitable gold mining company.

Production & growth focus driven by:
• Low cost base
• High margin
• Significant potential for long term growth in reserve base

Focus on production and near production projects:
• Exploration spend reduced significantly
• Maximise recovered grade
• Positive impact on earnings
     
“Pan African Resources (Barberton Mines) has been producing gold for more than 120 years, through two major Anglo- Boer wars, depressions, two World Wars, major changes of government from Paul Kruger, English occupation, the Apartheid Regime to Zuma. Considering the circumstances Pan African Resources must be the most stable producer on Earth.

Plus the Blue Sky…”

Anton Esterhuizen
Dreyer Award recipient - 2006
Fellow of the Geological Society of South Africa
First recipient of the Des Pretorius Memorial Award for outstanding work in economic geology in Africa

Barberton Mines, South Africa

Barberton first produced gold in 1886, after the discovery of the first gold nugget by Edwin Bray.

The mining complex consists of three mines: Fairview, Consort and Sheba. At present Barberton produces approximately 100,000oz of gold per annum, at an average cash cost of approximately US$45/oz, this cash cost is substantially lower than the industry standard of US$XX/oz (Source: BJM).

Barberton Mines is the birthplace of BIOX® (‘Biological Oxidation’), an environmentally friendly process of releasing the gold from the sulphide that surrounds, using organisms that perform this process naturally. Barberton is still used as the training facility for all BIOX® plants globally.

For more information please CLICK HERE

    
Phoenix Platinum, South Africa

• Option exercised to acquire 100% of Phoenix:
..effective May 2009

• Phoenix owns rights to contained PGM's in
..historical and future chrome tailings

• Total cash consideration of £5.2 million
..(estimated, in-house NPV of £27.6 million)

• Estimated required capex to production: £6
..million

For more information please CLICK HERE

Manica Gold Project, Mozambique

The Manica licence area is situated in central Mozambique approximately 4km north of the town of Manica, which lies approximately 270km inland of the port city of Beira.

The licence area is centred on latitude 18°53’ degrees south and longitude 32°54’ east and lies close to the Mozambican border with Zimbabwe. The Zimbabwean town of Mutare is about 5km from the Mozambican-Zimbabwean border.

Manica is on the so-called “Beira Corridor”, a major road and rail route linking Zimbabwe with the Mozambican port of Beira on the Indian Ocean. The exploration project area is easily accessible by dirt road from Manica. Manica is served by sealed roads from Beira and from Harare in Zimbabwe. Scheduled air services link the nearby town of Chimoio with large regional centres such as Maputo, Harare and Beira.

For more information please CLICK HERE

Cyril Ramaphosa
Non-Executive Chairman

Keith Cousens Spencer
BSc Eng (Mining)
Non-Executive Deputy Chairman
Member: Technical Committee

Jan Nelson
BSc. (Hons)
Chief Executive Officer
Member: Technical Committee

Cobus Loots
Finance Director

Rob Still
B.Com (Hons), CTA
Non Executive
Member: Remuneration Committee & Audit Committee

Rowan Smith
Non-Executive Director

Phuti Malabie
Non-Executive Director

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