Pan African Resources

Operational Update: Gold production +6.2%, meeting revised guidance. A delay at Evander 8 prevented the group from reaching the upper end of guidance. AISC $1350 | Ave. selling price $2021 (a record). Progress on renewables to save $2.4m annually. Debt +384% to $106m to fund renewables, capex & Mogalies tailings construction costs. FY24 results due 11 Sept.
Click here to read the SENS