Why Invest in Pan African Resources?

Pan African Resources has succeeded in maintaining its gold production levels while simultaneously lowering all-in-sustaining costs (AISC) for improved operating margins. For investors, this means a capital-efficient, optimally run portfolio of African mines geared for exceptional investment returns.

Operational Highlights FY23

Investor Information

Investor calendar

Key dates in the Pan African calendar to diarise:

Annual general meeting 23 November 2023
Interim results announcement 14 February 2024
Financial year-end 30 June 2024
Results announcement 11 September 2024

Share Price

Pan African is an African-focused mid-tier gold producer, dual primary listed on the AIM of the LSE (ticker: PAF) and the main board of the JSE (ticker: PAN) as well as the A2X Market (A2X). Our shares trade on the OTCQX Best Market (OTCQX) in the United States of America (USA) through a Level 1 American Depository Receipt (ADR) programme (ticker: PAFRY), sponsored by the Bank of New York Mellon, and ordinary shares (ticker: PAFRF).



Join Us On Our Journey Of Growth

Integrated thinking is central to our growth policy and to the management of our business. Our plan ensures that we control the capital used or impacted by our activities to provide enduring value to all investors over the short (one year), medium (two to three years) and long term (over three years).

Our customers and gold investors include the gold bullion export market, Rand Refinery, Gold Exchange Traded Funds (ETFs), and the makers of Krugerrands and gold jewellery.

An image of one of the mines for the investors page to join us


An image of the Elikhulu mine
An image of the Barberton Tailing mines
An image of the Barberton mines up close
An image of the Evander mines in the morning with the sunrise
An image of mintails
An image of Sudan


Our ESG Strategy

Sustainable Mining

ESG & Sustainability

We are using innovation and technology to reduce our reliance on natural resources in a sustainable manner and to limit our carbon footprint through renewable energy projects

In 2022, we commissioned our 10 MW solar PV plant. Producing clean power is central to our environmental objectives of combatting climate change, protecting our biodiversity, and creating a circular economy across the value chain.

Responsible stewardship; ongoing investments in our communities; and a commitment to good governance and the highest levels of safety is just the way we do business.

Our Strategic Pillars

Through our strategic pillars we manage and address risks and opportunities, material matters faced by Pan African over the short-, medium- and long-term, key stakeholder concerns and execute on value-creating growth projects to achieve our strategy.