Pan African Resources secures R1.3bn funding for Mintails project
The Mintails project has also received environmental authorisation from the department of mineral resources and energy
01 August 2023 - 09:36
Mid-tier gold miner Pan African Resources has secured R1.3bn in from Rand Merchant Bank (RMB) and Nedbank, which forms part of the R2.5bn funding package for construction of the Mintails project.
This will enable the company, valued at about R7.4bn on the JSE, to start full-scale construction on its Mogale tailings retreatment plant...
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