Pan African Resources Share News (PAF)

Pan African Resources Concludes Wage Negotiations At Barberton Mines

UK Winners & Losers: Mining Companies Rebound As Gold Price Increases

Pan African Resources Profits Lifted By Evander Gold Mine Operations

Pan African Resources appoints CEO as FD steps down

Pan African Resources has announced the appointment of Ron Holding as Chief Executive Officer (CEO) and departure of Financial Director Busi Sitole. Holding, who was appointed interim CEO in March this year following the departure of Jan Nelson, will take over the role permanently with immediate e

Pan African Resources Appoints New CEO, CFO

Wednesday broker round-up UPDATE

Abbey Protection: Numis lowers target price from 120p to 110p keeping a hold recommendation. Antofagasta: Investec takes target price from 707p to 725p, but still recommends selling. Ashtead Group: Numis ups target price from 640p to 670p and retains a hold recommendation. Panmure Gordon increases

Pan African reports strong results at Barberton and Evander mines

Pan African Resources' South African gold mines Barberton and Evander recovered high grades in the first quarter, according to an operational update Tuesday. Barberton sold 25,880 ounces in the three months to March, while the newly-acquired Evander sold 25,990 ounces. The miner said the average

Whitbread Finance Director buys stake in group

Nicholas Cadbury, the Finance Director of Whitbread, bought 600 shares at 2,522.88p on Thursday, two days after the hotel and restaurant group posted a 14.8 per cent rise in total sales in the 50 weeks to February 14th. The modest £15,137 purchase follows Tuesday's trading statement, in which the

Pan African's CEO steps down

Pan African Resources announced Wednesday the resignation of Chief Executive Officer Jan Nelson. He steps down from the company and its board on March 1st but will continue to provide counsel. He will remain a Director of Auroch Minerals, the holding company of the Manica gold project. Chairman,

New Thorntons Chairman buys a chunk of shares as profits climb

The new Chairman of Thorntons increased his stake in the High Street chocolatier by around a half on Monday, the same day that the company revealed a massive jump in profits in the first half. Paul Wilkinson purchased ome 310,000 shares in the company (equal to a 0.45% stake) at a price of 47p a sh

Pan African Resources acquires Evander Gold Mines from Harmony

Precious metals producer Pan African Resources' has fulfilled the remaining conditions necesary to undertake an unconditional acquisition of Evander Gold Mines from Harmony Gold Mining. Nelson: Evander is "world-class ore-body" Jan Nelson, Chief Executive Officer of Pan African Resources, comment

Pan African Resources sells Manica Gold Project

Gold and platinum producer Pan African has agreed to sell its Manica Gold Project to Auroch Minerals Mozambique, a wholly owned subsidiary of Terranova Minerals, to retain its focus on the development of its South African based operating assets. The exploration project, which is situated in central

Pan African wins approval to start project

Pan African Resources, the southern Africa-focused gold and platinum producer, has won approval from directors for the first phase of its Barberton Tailings Retreatment Project situated close to the Barberton Gold Mining Operations. The firm anticipates that the project will increase the productio

Pan African Resources sees earnings almost double

Pan African Resources, the southern Africa-focused gold and platinum producer, says earnings for the final six months of 2011 will be between 83% and 93% better than the equivalent period of 2010. The impressive announcement has been forced on the firm by stock exchange rules which require disclosu

Gold price lifts sales at Pan African Resources

Mining firm Pan African Resources saw strong results for the full year to 30 June. Revenues for gold sales rose 15.62% from £68.5 to £9.2m after a rise in the price of the precious metal, while pre-tax profits increased from £14.4m to £17m. Earnings per share grew from 1.04p to 1.20p. Only the