Pan African Resources strikes annual gold production record
(Alliance News) - Pan African Resources PLC said on Thursday it hit annual gold production record as organic growth projects made "meaningful progress".
Read more(Alliance News) - Pan African Resources PLC said on Thursday it hit annual gold production record as organic growth projects made "meaningful progress".
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
Read more(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.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:
Read more(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 morePan 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 morePan 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 morePan 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(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.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:
Read more(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.
Read morePan 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(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).
Read more(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.
Read more(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.
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