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Pan African Resources (PAF) Share News

IN BRIEF: Pan African Resources extends deadline for acquisition

1st Sep 2022 11:45

Pan African Resources PLC - Rosebank-headquartered gold producer - Extends the deadline for the fulfilment of the remaining conditions for the acquisition of Mogale Gold Pty Ltd and Mintails' SA Soweto Cluster Pty Ltd to September 30. Explains that it will give the company enough time to conclude the final aspects of its due diligence investigation. Read More

LONDON BROKER RATINGS: JPMorgan downgrades Admiral and Direct Line

15th Jul 2022 09:49

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More

Pan African Resources strikes annual gold production record

14th Jul 2022 12:05

(Alliance News) - Pan African Resources PLC said on Thursday it hit annual gold production record as organic growth projects made "meaningful progress". Read More

LONDON BROKER RATINGS: Berenberg cuts Rio Tinto and BofA lowers Anto

7th Jul 2022 10:30

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More

LONDON BROKER RATINGS: Downgrades for Intertek and National Grid

30th Jun 2022 09:35

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning: Read More

Pan African Resources completes feasibility study on Mogale Gold

30th Jun 2022 08:41

(Alliance News) - Pan African Resources PLC announced on Thursday it had completed a definitive feasibility study on the Mogale Gold Pty Ltd's tailings storage facilities. Read More

IN BRIEF: Pan African Resources finishes first phase of share buyback

12th May 2022 07:52

Pan African Resources PLC - Rosebank-headquarted gold producer - Completes the first phase of its share buyback plan that was announced on April 1, acquiring 11.8 million of its own shares for ZAR50.3 million, or about GBP2.6 million. The company now has 2.22 billion shares in issue. Read More

IN BRIEF: Pan African Resources switches 10-megawatt solar plant on

10th May 2022 14:11

Pan African Resources PLC - Rosebank-headquarted gold producer - Announces its 10-megawatt solar plant has started generating electricity at subsidiary Evander Gold Mines Ltd as part of the commissioning process. The solar plant will provide an estimated 30% of the power requirement at Evander's Elikhulu tailings retreatment plant and materially reduce electricity costs. The ZAR150-million solar plant is the first of this capacity to be commissioned by a miner in South Africa. Read More

IN BRIEF: Pan African Resources says Barberton exploration successful

6th May 2022 11:26

Pan African Resources PLC - Rosebank-based gold producer - Says its exploration efforts have been successful, finding high-grade orebodies on the down-dip extensions at its Barberton gold mines in Mpumalanga. It says exploration results will inform and enhance its mineral resource and reserve estimates, which will be presented in September. In 2021, Barberton mines produced 84,819 ounces of gold, up from from 68,129 ounces in 2020. Read More

LONDON BROKER RATINGS: Berenberg cuts Polymetal and raises Hochschild

6th Apr 2022 09:39

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning: Read More

IN BRIEF: Pan African Resources to buy up to ZAR50 million own shares

1st Apr 2022 07:15

Pan African Resources PLC - Rosebank-based gold producer - Plans to start phase one of a share buyback programme to the tune of ZAR50 million, or about GBP2.6 million, over one month from April 1. It says its shares offer significant value given the quality and profitability of its existing operations and growth projects. The share buyback programme is part of the company's broader strategy to deliver value to its shareholders. Read More

Pan African Resources on track for strong year after positive interim

16th Feb 2022 08:45

(Alliance News) - Pan African Resources PLC on Wednesday reported a solid interim performance with both profit and revenue increasing as costs fell, while the company makes progress on various solar energy plants for its operations. Read More