Reserves & Resources
The Group’s strategic and growth plans inform a considered evaluation of all its operations and projects. During this process, Mineral Resources and targets are measured against the strategic plan and developed, where feasible, to deliver into the plan.
Aim of this Report
The Pan African Resources Mineral Resources and Mineral Reserves report 2026 presents the Group’s attributable Mineral Resources and Mineral Reserves at 30 June 2026. All Mineral Resources and Mineral Reserves reported herein are 100% attributable to Pan African Resources, and incorporate the impact of the Emmerson Resources Limited (Emmerson) acquisition completed on 1 July 2026, as further detailed in this report.
The report has been prepared in accordance with the South African Code for the Reporting of Exploration Results, Mineral Resources and Mineral Reserves (SAMREC Code, 2016 edition), and should be read together with Pan African Resources’ full reporting suite, including the integrated annual report and annual financial statements for the year ended 30 June 2026. The entire suite of documents is available on our website at: https://www.panafricanresources.com/investors/fy2026-key-documents/
Mineral Resources are reported inclusive of Mineral Reserves, unless otherwise stated. Information is presented by operation, mine or project on an attributable basis. Rounding of numbers in this report may result in minor computational discrepancies.
How we’re Mining for a future
Discover why sustainability is important for Pan African Resources.