Pan African buoyed by gold resurgence
Earnings for the year to June will be at least double last year with production also ahead of target it said in August
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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Pan African's earnings soar as gold price recovers
Underlying earnings jumped by between 275-295% in rand terms in the year to June
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Pan African Resources PLC well established as mid-tier producer
Pan African Resources has built a solid and stable mid-tier gold producer on the back of two key assets in South Africa
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Pan African commits to dividend as debt falls
Group is on course for 200,000oz and 9,000oz of gold and PGEs [platinum] respectively this year said chief executive Cobus Loots
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