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Pan African in a strong position and on track to produce 170k ounces

Mining Capital's Alastair Ford chats to Proactive London about the recent operational update from Pan African Resources plc (LON:PAF).

Ford says he's spoken with chief executive Cobus Loots who he describes as being in a 'pretty positive frame of mind'.

He says for the full financial year Pan African should be getting close to 170,000 ounces in gold production - which isn't too far off what they were producing a few years ago.

Quick facts: Pan African Resources plc

Price: 27 GBX

AIM:PAF
Market: AIM
Market Cap: £520.65 m
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Pan African should be debt-free this year and hopes to increase dividends as...

Pan African Resources plc's (LON:PAF) Cobus Loots tells Proactive its gold production increased by 4.1% in the year ended June 2020. Loots says the strategic focus for the year ahead remains on optimising operations and de-gearing the balance sheet with the intention of increasing dividends in...

2 weeks, 6 days ago

2 min read