Interview with Cobus Loots and Deon Louw on Pan African Resources’ Re-positioning
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Pan African CEO Cobus Loots commented: “The group results for the 2018 financial year are reflective of both the incredibly challenging operational environment and the specific issues that confronted the group over the past year. These issues, as well as the definitive remedial actions we implemented, were well disseminated to the market. The operational update and
Shareholders are referred to previous announcements pertaining to Royal Sheba, specifically, the information included in the operational update of 28 March 2018. The Group has continued the Royal Sheba exploration drilling programme and is now able to provide feedback on the updated Mineral Resource Estimate (“MRE”) and the surface exploration drilling results. The results, thus
African Resources is pleased to announce that Barberton Mines Proprietary Limited (“Barberton Mines”) has successfully concluded a three-year wage agreement with the National Union of Mineworkers (“NUM”) and the United Association of South Africa UASA”) (“the Agreement”). NUM and UASA represent the majority of employees at Barberton Mines. The Agreement provides for an average annual