Pan African closes in on first tranche of R1.2bn for new gold project
The underground and tailings miner doubles interim profit and nears agreement on R1.2bn funding to start its Egoli project
Pan African Resources is weeks away from securing the first tranche of the R1.2bn it needs to start what it calls SA’s newest gold mine.
Pan African will secure R400m of funding before March to start its Egoli project, which is a large underground mining project at its Evander operations. The second tranche of funding is R800m...