Pan African’s gold mines close, although limited activity continues at surface
Pan African is well established as a mid-tier gold miner in South Africa
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 puts mines on care and maintenance, following nationwide order in South Africa
The gold price in rand terms is now at record levels
Pan African Resources updates on coronavirus prevention measures
The gold producer said its operations continue to function as normal
Pan African boosts gold production by 14.7% in the six months to December
Pan African's Elikhul tailings project made a significant contribution
Pan African Resources reveals considerable improvement in earnings
Higher output and better prices boosted earnings for the fourth quarter
Pan African Resources on target for annual output of 185,000 ounces of gold
The South African miner updated on a busy first half
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Pan African Resources resumes dividends as profits bounce back
Numbers were helped by a surge in the price of gold and a 27% reduction in the all-in sustaining cost
Pan African Resources guides to improved full year earnings
Headline earnings per share was guided to rise 15%-25% to between 1.14 cents and 1.24 cents
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Pan African Resources looks to build on strong momentum and production growth
“We continue to assess the optionality of our portfolio and are looking to build upon this year’s momentum to drive further growth," said CEO Cobus Loots
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FTSE 100 closes lower Friday after lacklustre week
The FTSE 250 went the other way and gained over 87 points on Friday
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A look at the day's major movers, including Future, Capital & Regional, Tiger Resource, Metro Bank, eve Sleep, Maistro and Staffline
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Pan African Resources on track to hit production target
Pan African has also decided against re-opening the Royal Sheba mine as a stand-alone project.
Pan African Resources has recovered its poise, and is now driving towards an annual production target of 170,000 ounces
Recent production numbers from Pan African's operations give plenty of grounds for encouragement