15th Dec 2021 08:13
Pan African Resources PLC - gold producer in South Africa - Announces it has entered into a conditional agreement to acquire Blyvoor Gold Operations Pty Ltd from Blyvoor Gold Pty Ltd for ZAR110 million. The transaction is subject to the completion of the due diligence by Pan Africa. Blyvoor Operations owns six historical tailings storage facilities, with total mineral resources of more than 1.4 million ounces of contained gold.
Current stock price: ZAR3.46
Year-to-date change: down 28%
By Artwell Dlamini; [email protected]
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