Pan African Resources maintains production guidance despite Covid-19 issues
The mid-tier gold producer says gold production rose 5% to 98,836oz in its half-year to end-December
22 January 2021 - 13:59
Mid-tier gold producer Pan African Resources, which is seeking to grow its production by more than a third over the next three years, said it managed to raise gold production in spite of Covid-19 related difficulties, largely due to a stellar performance from its flagship Barberton mine.
Gold production increased by 5.9% to 98,386oz in the six months ending December, Pan African said in a trading update, with the group keeping its full-year guidance of 190,000oz unchanged. The full-year target would represent about a 5.87% increase from its 2020 year...
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