Proactiveinvestors United Kingdom Pan African Resources articles

Pan African can make Evander deal work, says broker

Tue, 31 Jan 2012 13:16:00 +0000

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.

Pan African Resources: Gold and platinum pioneers

Thu, 13 Oct 2011 11:44:00 +0100

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.

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

Tue, 22 Feb 2011 11:18:00 +0000

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.

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

Tue, 22 Feb 2011 07:43:00 +0000

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.

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

Fri, 05 Nov 2010 12:19:00 +0000

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.

Gold Producer Pan African Makes it to the Big League

Mon, 04 Oct 2010 09:07:00 +0100

As you will see from our coverage earlier, Pan African is offloading a fringe asset in Ghana. Here we look at the company's transformation from promising junior to cash generating gold producer, which has seen it step up in class.

Pan African Resources hard work pays off as Barberton Mines resource grows to 2.37 million ounces

Wed, 30 Jun 2010 10:02:00 +0100

Evidence of Pan African's hard work was revealed this morning, with confirmation that two years of drilling had upgraded the total resource by 18%, and more importantly, the measured and indicated resources by 30%

Pan African H1 revenues up 16.5%, profit held back by successful security push at Barberton Mines

Wed, 10 Feb 2010 10:13:00 +0000

The massive drive launched in December to remove illegal miners from the South African gold mine is expected to significantly increase output and profit from Barberton going forward.

Jan Nelson of Pan African Resources talks to Proactiveinvestors

Wed, 08 Jul 2009 08:17:00 +0100

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.

Pan African Resources to enhance earnings by taking full ownership of Barberton Mines

Fri, 19 Jun 2009 08:09:00 +0100

Shanduka will sell their interest in Barberton Mines to Pan African in return for a 21% direct holding in Pan African, which will result in the issue of 295 million new shares

Pan African Resources interview transcript

Sat, 09 May 2009 09:06:00 +0100

Less than two years ago Pan African Resources re-launched itself as a self-funded gold exploration company, we catch up with Jan Nelson, CEO on progress to date.

Pan African Resources - what a difference a year makes…

Wed, 05 Nov 2008 09:15:00 +0000

Pan African now has quite a portfolio, as well as a 74% slice of the profits from a 90-100k t/oz per year gold mine. Plans for the future entail bringing new production into the Barberton mines within the next 2-3 years, and delivering production ounces from Manica, as well as bringing on board new resources from the exploration projects.

Gold Producer Pan African Resources delivers robust numbers

Wed, 27 Aug 2008 12:57:00 +0100

Pan African Resources is now an unhedged gold producer and seemingly one better liked by the market than many. But it will still be tested by the cost pressures affecting the entire mining industry.

Pan African Resources Completes leap from explorer to producer

Wed, 24 Oct 2007 00:00:00 +0100

Pan African Resources made the leap from explorer to producer with the recent acquisition of 74% in Barberton Mines, but the resulting Metorex partnership may yet prove the most significant aspect of the deal.

Pan African Resources: Developer, explorer and now producer.

Tue, 27 Mar 2007 00:00:00 +0100

On 20 December 2006, Pan African Resources took the market by surprise when it went into suspension after announcing it was to acquire a producing gold mine to add to its portfolio of greenstone belt gold assets in Africa.

Pan African Resources Revitalises historic Manica.

Fri, 22 Sep 2006 00:00:00 +0100

Infill sampling and a magnetic survey to discover the most prospective part of this anomaly will lead to identification of drill targets, which PAF intend to test by the end of the year. Also planned for this year is the commencement of systematic soil sampling at Dekoa