How it's doing
Earnings per share for the six months ended 31 December more than doubled to 1.14 US cents per share, the miner said in results released on 18 February. Total gold sold increased by nearly 14% to just over 90,600 ounces.
A higher gold price has helped.
Pan African had said earlier it expects to produce 185,000 ounces of the yellow metal for the full-year while the Evander 8 Shaft Pillar reaching commercial production would add “further high-margin” output in the second half.
- Production hits its target of 185,000oz this year
- Gold price remains high
- Dividend rises as debt is paid down