Pan African concluded the acquisition of Evander Gold Mines from Harmony in February 2013. Evander is a world class ore body which produces 95,000oz of gold per annum. The acquisition has propelled Pan African into a new phase of growth. The acquisition provides Pan African with an additional project pipeline which mitigates the “one” operation risk for Pan African Resources’ investors and has the potential to deliver significant growth.
Evander Gold Mines* South Africa
95Koz of Au production per annum
Head grade: 5.7g/t (Including development waste ore)