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A glance at some of the day's highlights from the Proactive Investors newswire
Company
LON:PAF
Pan African Resources PLC is a mid-tier African-focused gold producer with a production capacity in excess of 200,000oz of gold per annum. The company owns and operate a portfolio of high-quality, low-cost operations and projects, which are located in South Africa.
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A glance at some of the day's highlights from the Proactive Investors newswire
The miner said the move will result in approximately 1,700 employees being retrenched by the end of May 2018, at a cost of approximately R160mln (around £9.26mln)
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A glance at some of the day's highlights from the Proactive Investors newswire
Pan African now is moving on from operational issues, with production at Barberton set to rise significantly this year
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London on Wednesday
The mine was shut in 1996 after small-scale mining had gone down to a depth of 340m
The UK blue-chip index finished over 44 points higher at 7,044, but big miners tempered gains
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A glance at this week’s top stories from London’s junior miners
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A glance at some of the day's highlights from the Proactive Investors newswire
Proactive takes a look at some movers and shakers throughout the day in London
Head grades rose to 11.5g/t in February from 8.7g/t between July and December
Investments and investor services
Fears of a trade war have rattled investors, with minerals companies particularly hard hit
In a brief statement, Pan African Resources said: “Further to the recent NUM press release and media speculation, the Company confirms that it has commenced a consultation process in terms of section 189 of the South African Labour Relation
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A glance at this week's top stories from London's junior miners
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of today's top risers and fallers in London
Revenue dipped, but Pan African's Barberton and Evander mines proved robust enough to weather a difficult few months and still turn a profit
Investments and investor services
The index of blue-chip shares ended the day down 0.1% or points at 7,178.01 points after the CPI data
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Day ahead includes trading updates from FTSE 100-listed holidays firm TUI and language support services group RWS Holdings, plus the latest UK inflation numbers