Cobus Loots, CEO of Pan African Resources PLC (AIM:PAF, OTCQX:PAFRY, JSE:PAN, OTCQX:PAFRF) (Pan African Resources PLC (AIM:PAF, OTCQX:PAFRY, JSE:PAN, OTCQX:PAFRF)) talks through a year of records for the South African gold miner.
Production and the dividend are at new highs, while cash generation cut net debt to almost zero.
Loots adds that Pan African's use of solar power continues to grow and the aim for the next 24 months is to have 30Mw of renewable energy as a minimum and equal to 25% of its energy requirements.
#Pan African Resources #gold #South Africa