Pan African Resources rewards investors with a 38 per cent hike to the final...
Strong cash generation from the company’s Barberton gold mine in South Africa has allowed Pan African Resources (LON:PAF) to hike the final dividend by 38 per cent. The company said it will pay out...
View ArticlePan African Resources starts cold commissioning at Phoenix Platinum tailings...
Precious metals producer Pan African Resources PLC (LON:PAF) announced the start of cold commissioning of the Phoenix Platinum Mining tailings retreatment plant in South Africa. The firm said the...
View ArticleUPDATE: Pan African Resources starts cold commissioning at Phoenix Platinum...
Adds broker comments....Precious metals producer Pan African Resources PLC (LON:PAF) announced the start of cold commissioning of the Phoenix Platinum Mining tailings retreatment plant in South...
View ArticlePan African Resources produces first platinum at Phoenix project
Pan African Resources (LON:PAF) today revealed that it has achieved first production at the Phoenix platinum project two months ahead of schedule. Phoenix is a chrome tailings retreatment plant located...
View ArticlePan African first half earnings to double
Gold and precious metals group Pan African Resources (LON:PAF) today said earnings had almost doubled in the six months just ended. Earnings per share and headline earnings per share for the half year...
View ArticlePan African first half earnings to double - UPDATE
---Adds share price details and broker comments--- Pan African Resources (LON:PAF) shares gained almost 10 per cent in early deals after it revealed strong figures for the six months just ended. The...
View ArticlePan African Resources and Wits Gold to buy Harmony's Evander mine
Pan African Resources (LON:PAF) is to buy the operating Evander gold mine from Harmony Gold for R1.7 billion, it has emerged this afternoon.In a consortium, they are to acquire 100 per cent of...
View ArticlePan African can make Evander deal work, says broker
Pan African Resources (LON:PAF) has a good chance to make the proposed acquisition of the Evander gold mine in South Africa work, according to broker Collins Stewart. Pan African announced yesterday...
View ArticlePan African can make Evander deal work, says broker
Pan African Resources (LON:PAF) has a good chance to make the proposed acquisition of the Evander gold mine in South Africa work, according to broker Collins Stewart. Pan African announced yesterday...
View ArticlePan African Resources says negotiations ongoing for planned Evander gold mine...
Pan African Resources (LON:PAF) told investors that the financial effects of the planned acquisition of the operating Evander gold mine from Harmony Gold (LON:HRM) are still being determined.The...
View ArticlePan African Resources is a fast developing miner, says RBC Capital Markets;...
Pan African Resources (LON:PAF) is a fast developing South African based miner with three key projects, says RBC Capital Markets, which rates the stock 'outperform'. Those three projects are the...
View ArticlePan African Resources starts construction of Barberton tailings retreatment...
Pan African Resources (LON:PAF) said it has started construction work for the tailings retreatment plant on the Barberton gold mine complex in South Africa.The bulk earthworks at the Barberton Tailings...
View ArticleFinnCap starts Pan African Resources coverage, target price 50 pct above...
FinnCap has initiated coverage of Pan African Resources (LON:PAF) with a price target of 24.6 pence, an upside of just over 50 per cent to the current share price.The broker has based the valuation...
View ArticlePan African Resources agrees Evander gold mine buy for £115 mln
Pan African Resources (LON:PAF) has successfully concluded months of negotiations and said it has now entered into a deal with Harmony Gold to buy the operating Evander gold mine in South Africa.It is...
View ArticlePan African Resources: New deal to buy Harmony Gold’s Evander mine is "much...
Pan African Resources' (LON:PAF) chief executive Jan Nelson described the new deal to buy 100 per cent of Harmony Gold’s Evander gold mine in South Africa as "much improved". The original deal was to...
View ArticleFinnCap raises target price for Pan African Resources to 30.9p
FinnCap today raised its target price for Pan African Resources (LON:PAF) after increasing its valuation of the group’s Evander assets. The new target of 30.9 pence per share, up from 25.6 pence...
View ArticlePan African Resources announces significant step in Evander acquisition bid
Pan African Resources (LON:PAF) announced a significant further step in its bid to buy Harmony Gold's operating Evander gold mine in South Africa. It says it has received irrevocable support of 57...
View ArticlePan African Resources to sell Manica gold exploration project to Terranova
Pan African Resources (LON:PAF) this morning announced that it is selling the Manica gold exploration project, in Mozambique, to Australian listed Terranova Minerals for £4 million and 96 million...
View ArticlePan African's Evander acquisition to increase potential earnings - Edison
Pan African Resources' (LON:PAF) acquisition of Evander Gold Mines (EGM) from Harmony Gold will have a significant effect on potential earnings, says research house Edison today. In a note about the...
View ArticlePan African excited about prospects as reveals "excellent" results
Pan African Resources (LON:PAF) posted what it called "excellent" results for the year, adding it was excited about its prospects for 2013. The year to June 30, saw two significant corporate milestones...
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