Gold miner Pan African Resources, which is listed in Johannesburg and London, says profit more than doubled in its half year to end-December, as a weaker rand and geopolitical tension boosted its revenue from gold sales.
Profit after tax rose 125% to $21.9m (R328m), with total gold sold increasing 13.6% to 90,602 ounces, with the group reporting an increased contribution from its Elikhulu tailings retreatment plant...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.