Pan African Resources has been notified that PAR Gold Proprietary Limited (“PAR Gold”) has disposed of 130-million shares in Pan African Resources, representing 5.8% of the issued share capital of the Company, at a price of R1.15 per share, representing a 5.0% discount to the Company’s last closing price of R1.21 on 29 May 2018...read more ▶
Further to the operational update released on 28 March 2018, Pan African Resources advises shareholders of the conclusion of the Evander Gold Mining Proprietary Limited (“Evander Mines” or“Evander”) section 189 of the South African Labour Relations Act, 66 of 1995, process (“Section 189 Process”) and progress made on the Group’s operations and growth projects. Evander...read more ▶
Following the operational update released on 2 March 2018, Pan African is pleased to provide further information on the Group’s operations and growth projects. Key points can be summarised as follows:read more ▶
- Barberton Mines is on track to produce approximately 50,000oz of gold in the second half of the 2018 financial year, an increase of approximately...
OPERATIONAL UPDATEFurther to the operational update released on 1 February 2018, Pan African is pleased to provide further information on progress at the Fairview 11-block Main Reef Complex (“MRC”) orebody and the Barberton Tailings Retreatment Plant (“BTRP”), as well as updated guidance on the commencement of production from the Elikhulu Tailings Retreatment Plant (“Elikhulu”).
Further to the announcement published on 31 July 2017, Pan African is pleased to announce that all conditions precedent to the disposal of 100% of the shares and loan accounts in Phoenix Platinum to Sylvania Platinum Limited ("Transaction") have now been fulfilled. This follows, amongst other conditions, the approval of the Transaction by the South African...read more ▶