Pan African Resources gives the market strong guidance (JSE: PAN)
Mining houses can?t do anything to control the price of the commodity that they produce. All they can do is focus on maximising production and minimising costs, giving themselves the best possible chance to get lucky.
It looks as though Pan African Resources is doing a solid job of that, with strong guidance for gold production. Thanks to recent investment in production, they expect the six months to December 2024 (1H?25) to be in line with 2H?24. They expect full year 2025 production to be 16% higher year-on-year. Looking ahead to FY26, the expectation is a further jump of 12.7% at the midpoint.
