Pan African Resources agrees multi-year wage deal with NUM and UASA unions at its Barberton gold mines
The three underground mines at Barberton produced almost 85,000 ounces of gold in the year to end June 2021
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 Resources reports 12.3% increase in gold production for the year
It expects to produce about 195,000 ounces of gold in the year to end June 2022
Pan African renews mining rights at Barberton for next 30 years
The renewal includes mining rights for the Fairview, New Consort and Sheba Mines
Pan African Resources increases production guidance as Evander volumes improve
The miner noted a significant improvement in the Evander mine’s 8 Shaft pillar as it lifted guidance to 195,000 ounces of gold for the financial year.
Pan African Resources continues to grow amidst high gold price surges
Gold production this year is forecast to reach 190,000oz
Pan African Resources posts further strong results following record Rand dividend
Pan African Resources has a long track-record of gold production in South Africa
Pan African Resources gives guidance for the six months to December 2020
Pan African has successfully operated gold mines in South Africa for a number of years
Pan African Resources highlights 5.9% rise in gold production
The company is on-track to deliver its full-year production guidance, which is set at 190,000 ounces
Pan African Resources to build solar plant at Evander mine
The company also said it expects to produce 97,000 ounces of gold in the six months to December 31, 2020
Pan African Resources rises as it acquires tailings retreatment projects in South Africa
The two projects, Mogale Gold and Mintails SA, are estimated to contain a collective gold content of 2.36mln ounces
Pan African Resources ADRs approved to trade on the highest tier of the OTC market
Pan African is upgrading to the OTCQX Market from the Pink Over-the-Counter market. The ticker symbol (PAFRY) remains unchanged
Pan African Resources exceeded 2020 gold production guidance, on-track to grow again in 2021
Chief executive Cobus Loots said the company showed resilience over the past year
Pan African Resources sees sales and earnings soar with the gold price
Headline earnings for the year to end-June, 2020, will be between 2.23 US cents and 2.35 US cents against 1.19 US cents in 2019
Pan African Resources shares are up threefold in the past four months, as new gold production looks set to hit 190,000 ounces
Pan African has a long track record of gold production in South Africa
Pan African Resources to start work on new Egoli deep mine later this year
First gold is expected to be produced approximately 20 months after construction commences
Proactive weekly mining highlights: Pan African Resources, Eurasia Mining, Chesterfield Resources...
Some of the main mining stories on the Proactive newswire over the past week
Pan African Resources confirms gold production growth
“Pan African has demonstrated the resilience of its operations with an improved performance for the year," said chief executive Cobus Loots
Pan African Resources establishes sponsored Level -1 ADR programme on the US over-the-counter market
Bank of New York Mellon has been appointed as the Depository, with each ADR in the programme representing twenty Pan African Resources ordinary shares
Pan African Resources higher as it remains cashflow positive despite lockdown, slightly downgrades production guidance
The miner said despite operations being "severely affected" by a lockdown in South Africa, its 2020 production guidance had been lowered by "only 5%" to 176,000 ounces of gold
Pan African reiterates support for government measures, as lockdown in South Africa extended
Pan African has a strong track record of gold production in South Africa