Pan African Share News (PAF)

Pan African Resources cuts annual production guidance as Eskom weighs

(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.

Pan African makes progress on renewable energy developments

(Sharecast News) - Pan African Resources updated on its renewable energy developments on Monday, reporting substantial progress in its efforts towards sustainable energy solutions.

Pan African Resources solar energy plan making "significant" progress

(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.

Wall Street closes up day before key PCE data

Nasdaq leads rally on Wall Street

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Alibaba split could usher in Alphabet-type share gains

Nasdaq leads rally on Wall Street

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Hot inflation make this time different

Nasdaq leads rally on Wall Street

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Stop me if you've heard this: Jobless claims, GDP

Nasdaq leads rally on Wall Street

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Wall Street rallies in sea of green

Wall Street gains, Nasdaq up ~0.5%

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Waiting for a China rebound? How about gold?

Wall Street gains in early trading

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LONDON BROKER RATINGS: SocGen cuts Next; Jefferies cuts CMC markets

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

IN THE KNOW: Pan African Resources cheaper relative to peers - Edison

(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.

IN BRIEF: Pan African Resources completes Mintails Project funding

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.

Pan African production, earnings fall in half-year

(Sharecast News) - Mid-tier gold producer Pan African Resources reported a fall in its first-half production of gold on Wednesday, to 92,307 ounces from 108,085 ounces year-on-year.

Pan African Resources interim profit slips as Barberton mines weigh

(Alliance News) - Pan African Resources PLC said on Wednesday that its interim profit declined steeply as it battled against production constraints and rising costs.

IN BRIEF: Pan African Resources sees steep drop in interim earnings

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.