Pan African Resources PLC - Vision and Strategy

Strategy: to build a profitable gold mining company.

Production & growth focus driven by:
• Low cost base
• High margin
• Significant potential for long term growth in reserve base

Focus on production and near production projects:
• Exploration spend reduced significantly
• Maximise recovered grade
• Positive impact on earnings

Overview
Vision & Strategy
Company Structure
Board of Directors
Management
Black Economic Empowerment

“Pan African Resources (Barberton Mines) has been producing gold for more than 120 years, through two major Anglo- Boer wars, depressions, two World Wars, major changes of government from Paul Kruger, English occupation, the Apartheid Regime to Zuma. Considering the circumstances Pan African Resources must be the most stable producer on Earth.

Plus the Blue Sky…”

Anton Esterhuizen
Dreyer Award recipient - 2006
Fellow of the Geological Society of South Africa
First recipient of the Des Pretorius Memorial Award for outstanding work in economic geology in Africa

Graphic: Revenue

UK (AIM): PAF | SA (JSE): PAN