Operating Mines
Our Mines
Our world-class assets comprise both high-quality underground mines and state-of-the-art, low-cost, surface remining operations. These assets position Pan African Resources as one of Southern Africa’s highest margin and lowest cost gold miners.
With over 12M oz of Gold Reserves and 40M oz of Gold Resources, Pan African’s unique portfolio mix presents significant upside potential for many years to come. Our Mining rights in Barberton are valid until May 2051 and at Evander until April 2038.
We are committed to creating value for our stakeholders by positioning Pan African as a sustainable, safe, high-margin and long-life gold producer, with an unrelenting commitment to causing zero harm.
Our new state-of-the-art, tailings retreatment operation gets going under budget and ahead of schedule.
Acquisition price: of ZAR50 million (US$2.8 million) ~ US$1.12/Resource oz
Expected to add: ~ 50koz/year over a 21 year LOM, increasing Group production by ~25% per annum
Barberton Mines FY24
71.470 Ounces
Gold Produced
Annual Capacity
2.257
Employees
Contractors
1.777 $/Oz
Aisc
Life of Mine
Barberton Tailings Retreatment Plant FY24
Gold Produced
Annual Capacity
Employees
Contractors
Aisc
Life of Mine
Evander Underground Mining Operations FY24
Gold Produced
Annual Capacity
Employees
Contractors
Aisc
Life of Mine
Elikhulu Tailings Retreatment Plant FY24
Gold Produced
Annual Capacity
Employees
Contractors
Aisc
Life of Mine