Pan African Resources

Pan African is a gold mining company, focussed on projects in South Africa and Mozambique, that produces approximately 100,000oz per year.

Its focus is on developing low cost, high margin production or near production projects. The Company has no debt, is unhedged and is able to fund all of its current on-mine capital from current cashflows.

The recent acquisition of Phoenix Platinum Mining (Pty) Ltd (Phoenix Platinum) does not change the gold focus of the Company. Preliminary sampling and recovery results have exceeded expectations and management’s proactive actions could see plant construction as early as the first half of 2010, with production likely in first half of 2011. However, this production outlook is sensitive to management’s ability to secure plant location.

Pan African Resources' Jan Nelson talks to Proactiveinvestors

Monday, March 16, 2009

Jan Nelson, CEO of Pan African Resources talks about the company’s success in becoming a self-funded gold exploration company, its plans to expand gold production in South Africa, the company’s maiden dividend, a significant gold deposit in Mozambique and an option to purchase a low cost platinum production project.

To listen to the audio interview CLICK HERE

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Pan African Resources interview transcript

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Additional Information

Market:	AIM
Sector:	General Mining - Gold
EPIC:	PAF
Latest Price:	7.48p (0.00%)
52-week High:	8.50p
52-week Low:	5.49p
Market Cap:	105.73M

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