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16 February 2021 | 07:55am StockMarketWire.com - Gold miner Pan African Resources booked a substantial rise in first-half profit as it boosted production and benefited from stronger prices of the precious metal. Net profit for the six months through December has jumped to $$40.8 million, up from $21.9 million year-on-year. Adjusted earnings before interest, tax, deprecation and amortisation increased 73% to $76.4 million. Output rose 5.9% to 98,386 ounces and the company said it was on track to...

8 February 2021 | 09:13am StockMarketWire.com - Mining group Pan African Resources said it expected to post a large rise in first-half earnings, thanks to a rise in the gold price and higher sales volumes. Earnings per share for the six months through December was expected at between 2.05c and 2.17c, up from 1.14c year-on-year, marking an increase of between 80% and 90%. Gold revenue had jumped 38% to 183.8 million amid a 27% rise in the companys average gold sale price to $1,865 an ounce and a...

Share price Pan African Resources reports rise in gold production; on track to deliver full-year guidance of 190,000oz 22 January 2021 | 08:57am StockMarketWire.com - Mining company Pan African Resources has reported an increase in group gold production for the first six months of the year, up by 5.9% to 98,386oz. In an operational update, chief executive Cobus Loots said the company is on track to deliver its full-year production guidance of approximately 190,000oz. Gold production from Barber...