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.