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AIM:PAFOTCQX:PAFRYJSE:PANFRA:RTZOTCQX:PAFRF
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Pan African CEO sees silver lining in South Africa

Cobus Loots, chief executive of Pan African Resources (LON:PAF), expects a much improved performance from the gold miner after a tough year.

Problems at both its Evander and Barberton complexes, not to mention the weaker gold price, impacted the South African-based metal miner’s performance over the past twelve months.

However, speaking to Proactive, Loots said he expects to see better results given recent improvements, adding that payment of a final dividend was “a sign of confidence” in its operations.

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Price: 16.2 GBX

Market Cap: £312.39 m

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Pan African Resources doubles production, reporting record profit with a...

Pan African Resources PLC (AIM:PAF, OTCQX:PAFRY, JSE:PAN, FRA:RTZ, OTCQX:PAFRF) (AIM:PAF, OTCQX:PAFRY, JSE:PAN, FRA:RTZ, OTCQX:PAFRF) chief executive Cobus Loots joins Proactive London after reporting record profit due to higher gold production.  The miner produced a total of 201,777 ounces...

2 days, 17 hours ago

2 min read