(Alliance News) - Pan African Resources PLC said on Friday it expects its annual earnings to fall as revenue declined due to lower production. Read More
(Alliance News) - Spur Corp Ltd said on Monday the recovery in revenue and profit remained strong for the full year, and flagged a sharp rise in earnings despite constrained consumer trading environment. Read More
(Alliance News) - Pan African Resources PLC said on Monday its annual gold production came in line with its revised guidance after battling with power outages in South Africa and operational setbacks at its mines. Read More
(Alliance News) - Pan African Resources PLC on Tuesday said the construction of its Mintails tailings retreatment plant will start after raising ZAR2.5 billion in debt funding for the project. Read More
Pan African Resources PLC - Rosebank-headquartered gold producer - Finance Director Deon Louw buys 230,000 shares at an average ZAR3.29 each, worth ZAR757,010 in total, on Friday last week. Louw directly owns 988,112 Pan African shares and holds 3.1 million shares indirectly. Read More
(Alliance News) - Pan African Resources PLC on Friday revised down its annual gold production guidance, citing the electricity crisis in South Africa, but analysts remained hopeful as debt fell. Read More
(Alliance News) - Pan African Resources PLC on Friday revised down its annual gold production guidance, citing electricity crisis in South Africa and lower output at its mines in Mpumalanga. Read More
(Alliance News) - Pan African Resources said on Monday its solar energy efforts had made "significant" progress, with the group entering into a power purchase agreement with Sturdee Energy (Pty) Ltd. Read More
(Alliance News) - Pan African Resources PLC is cheaper relative to its peers, Edison analyst Lord Ashbourne wrote in a research note on Friday, also indicating that the company's "innovative" funding package for its Mintails project avoided equity dilution. Read More
Pan African Resources PLC - Rosebank-headquartered gold producer - Completes a ZAR400 million transaction with Rand Merchant Bank, a division of FirstRand Bank Ltd, as the final component to the funding package for the Mintails project's construction. The funding brings the full upfront capital to ZAR2.5 billion. Read More
(Alliance News) - Pan African Resources PLC said on Wednesday that its interim profit declined steeply as it battled against production constraints and rising costs. Read More
Pan African Resources PLC - Rosebank-headquartered gold producer - Expects interim earnings to decrease due to lower sales. Both headline earnings per share and earnings per share are likely to fall to between 1.40 US cents and 1.64 cents for the six months that ended December 31, from 2.39 cents a prior year. This represents a decline of between 31% and 41%. These lower earnings are due largely to a 19% decrease in gold revenue to USD156.5 million from USD193.6 million. Read More
(Alliance News) - Pan African Resources PLC on Monday said its first half gold production dwindled, owing mainly to a poor performance at its Barberton mines in Mpumalanga, South Africa. Read More
