Pan African posts jump in first-half earnings

14th Feb 2024 11:01

(Sharecast News) - Pan African Resources reported a significant increase in net cash from operating activities in its interim results on Wednesday, soaring 134.5% to $27.2m year-on-year.

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Pan African Resources flags strong rise in earnings

2nd Feb 2024 12:16

(Sharecast News) - Pan African Resources reported a substantial increase in headline earnings per share and earnings per share in its first half on Friday, to between 2.14 and 2.3 cents per share, up from 1.52 cents per share for the same period in 2022.

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Pan African reports increased first-half gold production

22nd Jan 2024 09:05

(Sharecast News) - Pan African released a production update for the first half of its financial year on Monday, reporting an improved safety performance, increased gold production, and progress on the Mogale Tailings Retreatment (MTR) Project.

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Berenberg highlights gold mining picks as prices hit record

5th Dec 2023 11:57

(Sharecast News) - With bullion prices rising to a record $2,100 an ounce this week, broker Berenberg has highlighted its top 'buys' across the UK-listed gold mining sector.

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Pan African hikes production guidance, makes progress at MTR

22nd Nov 2023 13:09

(Sharecast News) - Mining company Pan African updated the market on group production on Wednesday and construction progress at its MTR Plant.

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Pan African gold production meets revised expectations

7th Aug 2023 07:44

(Sharecast News) - Pan African Resources reported total gold production of 175,209 ounces for the 2023 financial year on Monday, meeting its revised guidance announced in May.

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Pan African lowers full-year production guidance, announces fatality

26th May 2023 10:33

(Sharecast News) - South African gold miner Pan African Resources downwardly-revised its production guidance for the financial year ending 30 June on Friday, alongside the imminent start of construction at the Mintails project.

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Pan African makes progress on renewable energy developments

15th May 2023 12:10

(Sharecast News) - Pan African Resources updated on its renewable energy developments on Monday, reporting substantial progress in its efforts towards sustainable energy solutions.

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Pan African production, earnings fall in half-year

15th Feb 2023 15:49

(Sharecast News) - Mid-tier gold producer Pan African Resources reported a fall in its first-half production of gold on Wednesday, to 92,307 ounces from 108,085 ounces year-on-year.

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Pan African gets to work after completing Sale transaction

6th Oct 2022 11:51

(Sharecast News) - Pan African has closed the acquisition of the total share capital and claims of Mogale Gold and Mintails SA Soweto Cluster (MSC), it announced on Thursday, known together as the Sale transaction.

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Berenberg slightly raises target price on Pan African Resources

30th Jun 2022 10:27

(Sharecast News) - Analysts at Berenberg slightly raised their target price on precious metals group Pan African Resources from 28.0p to 33.0p on Thursday following "positive" results from a definitive feasibility study on the Mogale part of its Mintails project in South Africa.

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Pan African Resources pleased with latest drilling at Barberton

6th May 2022 11:25

(Sharecast News) - Pan African Resources announced the completion of its underground drilling programme at Barberton Mines on Friday, with 68 underground diamond core boreholes drilled, and around 7,000 metres of drilling.

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Pan African launches one-month share buyback

1st Apr 2022 14:30

(Sharecast News) - South African gold producer Pan African Resources began the first phase of a share buyback programme on Friday, to purchase up to ZAR 50m (£2.6m) of shares back over one month.

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Pan African secures five exploration licences in Sudan

14th Mar 2022 09:34

(Sharecast News) - Pan African Resources has secured five prospecting concessions, or exploration licences, in north-eastern Sudan, it announced on Monday, dubbed the 'Block 12' concessions).

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Pan African achieves record first-half gold production

16th Feb 2022 09:11

(Sharecast News) - Pan African Resources reported a 9.9% improvement in group gold production in its interim results on Wednesday, to a record half-year of 108,085 ounces.

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