Pan 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...
View ArticlePan African Resources CEO excited as Evander deal conclusion close
Pan African Resources’ (LON:PAF) chief executive Jan Nelson revealed he is excited at the prospect of the imminent conclusion of the deal to buy the Evander gold asset. In an update on the status of...
View ArticlePan African Resources says rights offer is unconditional
Pan African Resources (LON:PAF) has revealed its rights offer has been given the go-ahead by shareholders and is now unconditional. At the general meeting, shareholders gave the £51.8mln rights offer...
View ArticlePan African Resources makes modifications to Manica deal
Pan African Resources (LON:PAF) has made some small changes to its proposed sale of the Manica gold exploration project in Mozambique to a subsidiary of Auroch Minerals (ASX:AOU).Auroch, formerly known...
View ArticlePan African Resources unveils "solid" half year despite cost pressures
Gold miner Pan African Resources’ (LON:PAF) reported a "solid" performance in its last half year despite cost pressures, it said. The "game changing" acquisition of the Evander gold mine is expected to...
View ArticleUPDATE: Pan African overcomes cost pressures
-- Adds broker comment -- Gold miner Pan African Resources (LON:PAF) reported a "solid" performance in its last half year despite cost pressures, it said.The "game changing" acquisition of the Evander...
View ArticlePan African Resources' Evander acquistion becomes unconditional
Pan African Resources (LON:PAF) has finally taken control of the Evander gold mine in South Africa, it said today. The deal has now become unconditional and the firm will take effective control of...
View ArticlePan African Resources chief executive resigns
Chief executive Jan Nelson is leaving gold firm Pan African Resources (LON:PAF). Nelson is to resign with effect from Friday (March 1) but his advice remains available to the company, the firm said. It...
View ArticlePan African Resources: Evander mine to proceed as planned
Last week’s departure of its chief executive was a surprise, but Pan African Resources’ (LON:PAF) management insists plans for the recently acquired Evander gold mine will be unaffected. Pan African...
View ArticlePan African Resources: Evander acquisition now complete
Pan African Resources' (LON:PAF) acquisition of Evander Gold Mines is complete and it took control of the company on February 28. It comes after the statement of February 15, in which Pan African...
View ArticlePan African pleased with Evander integration
Pan African Resources' (LON:PAF) two South African gold mines, Barberton and the recently acquired Evander, achieved good recovered grades and quantities in its latest quarter. Barberton sold 25,880...
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