Pan African aims to be debt free in 12 months as gold price soars
10 July 2020 - 14:17
Pan African Resources expects to be debt free within 12 months as gold output ramps up in a high rand gold-price environment, CEO Cobus Loots says.
In the 2020 financial year to end-June, Pan African slashed R800m from its net debt, bringing it to R1.1bn by the end of the period...
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