Media Articles

[IOL] Pan African Resources sets sights on production boost despite recent revenue slump

Pan African Resources CEO, Cobus Loots, has expressed optimism regarding the company’s future despite grappling with a decline in production and revenue for the half-year period ending December 2024.

February 12, 2025

[Mining Weekly] Pan African can operate and grow in South Africa ‘very successfully’, Cobus Loots reports

The London- and Johannesburg-listed Pan African Resources is able to operate and to grow in South Africa – ”and do so very successfully”, an upbeat CEO Cobus Loots stated emphatically on Wednesday when he reported that a full feasibility study on the Soweto Cluster tailings storage facilities (TFSs) is expected to be completed by September to extend still further the life of the below-budget, ahead-of-schedule Mogale Tailings Retreatment (MTR) operation, which is thriving west of Johannesburg.

February 12, 2025

[Business Day] Sales slump slashes Pan African headline earnings in half

After missing out on a gold boom, Pan African Resources said it would be materially unhedged from March

February 12, 2025

[News24] Pan African eyes improved SA production, mulls introducing interim dividend

Mid-tier gold miner Pan African Resources on Wednesday said that while a forward sales agreement and lower sales weighed on its half-year profits it’s still eyeing significant boosts in coming months and may even start paying an interim dividend.

February 12, 2025