Pan African in demand as it secures final regulatory approvals for construction of Elikhulu
“The granting of the environmental permitting for Elikhulu is the final regulatory approval required for the construction of Elikhulu”
Company
Pan African Resources PLC
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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The firm said the disposal will allow it to focus on its existing gold operations, construction of the Elikhulu tailings retreatment project and “other organic and acquisitive growth opportunities”
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Pan African hopes to be in production at Elikhulu in the final quarter of next year.
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