BEE Partner

Pan African Resources strategic BEE partner
PAR Gold Proprietary Limited (PAR Gold) is the empowerment partner with a 19.53% direct shareholding. The group’s BEE ownership for purposes of the Mineral and Petroleum Resources Development Act (MPRDA) equates to approximately 26% of the gold mining operations by applying the flow through principles of excluding state-controlled entities (such as the Public Investment Corporation SOC Limited (PIC) and governmental pension funds) and including the operations employee share ownership programmes of 5%.

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