Pan African poised for rerate as growth options abound
A R500m share buyback could be money well spent for Pan African Resources, the JSE-listed gold miner. Most analysts think the company is on the cusp of a rerate following its…
Pan African plans R500m buy-back after declaring record dividend
PAN African Resources announced plans to buy back up to R500m of its own shares after a surge in cash flow helped it declare a record final dividend for its 2026 financial year.…
Pan African says Mintails expansion to cost R3.68bn
PAN African Resources said it had cut capital expenditure on the expansion of Mintails gold tailings deposits by about R700m following a definitive feasibility study. A final…
FTSE listing to give Pan African investor lift
PAN African Resources, once considered an also-ran in South Africa’s gold sector, has been admitted to the FTSE 250 index following its recent shift to London’s main board. “We…
Pan African to study R2.8bn expansion of Mintails
PAN African Resources said on Thursday it was studying plans for the R2.8bn expansion of its Johannesburg tailings operations to nearly 100,000 ounces of gold a year. The company…
Gold miner ratings still sensible despite rampant metal
PAN African Resources is hoping a Main Market listing in London can help capture new investors who are underweight in gold or are looking for a replacement stock given the recent…
Pan African hits high note amid unstinting gold price
GOLD was expected to remain at “extremely attractive” levels during Pan African Resources’ 2026 financial year, said the firm’s CEO Cobus Loots who added that investment in gold…
Pan African surges to high as plots London Main Market listing
PAN African Resources said on Monday it had applied to move its AIM listing in London to the bourse’s Main Market. “We believe the proposed move from AIM to the Main Market will…
Gold hedging losses to knock Pan African profits 23%
PAN African Resources was on the wrong end of its hedging contract in the 12 months ended June booking a $5.8m loss on one aspect of its forward sales. Including a $26,2m…
Pan African misses gold guidance but slashes net debt
PAN African Resources said on Wednesday gold production for its 2025 financial year would slip below guidance while costs would be higher owing to delays at its Evander…
Pan African’s underground mines could check its ambitions
CAN Pan African Resources follow up on last year’s stellar performance? It was the JSE’s third-best performing share in 2024 — it doubled in value — owing to the improvement in…
Pan African calls time on rampant gold theft at Sheba mine
PAN African Resources said it had “had enough” of rampant gold theft and declining productivity at its Sheba mine in Mpumalanga which it is now restructuring. “It’s time for a…
Pan African to consider paying interim dividend in 2026
PAN African Resources will consider paying an interim dividend in its 2026 financial year provided the price of gold remains buoyant. Cobus Loots, CEO of Pan African said in the…
Pan African hit with R320m opportunity cost on runaway gold
PAN African Resources is to report a decrease in interim headline share earnings owing to less gold sold in the six months, although production was set to be within its guided…
SA’s best performing gold stock takes strategy to Australia
IT’S been a breakout year for Pan African Resources, the Joburg- and London-listed gold miner. Its share cruised to a new record high last month, but according to several banks,…
Pan African unveils $54.2m push into Australian gold
PAN African Resources on Tuesday announced the $54.2m acquisition of Tennant Consolidated Mining Group, a privately held company in Australia that owns the Nobles Gold Project,…
Pan African says Mintails project at full tilt in December
PAN African Resources said on Thursday it would reach full production at its $135.1m Mintails project in December, achieving a run-rate of 50,000 ounces of gold a year. “We are…
Pan African raises R850m as gold stages fresh record surge
PAN African Resources said on Monday it had raised R850m in sustainability-linked notes ahead of the repayment of a three-year bond in December. The group is required to repay…
High flying Pan African weighs doubling up on Mintails
SHARES in gold miner Pan African Resources have doubled this year, which is normally a signal to investors to steer clear of the company. At just over 33p a share, the company is…
Pan African cracks US index after Van Eck takes 5.9% stake
PAN African Resources has been included in the influential GDX Index for the first time after New York fund manager Van Eck took a 5.9% stake in the gold miner. “It’s been a long…