Q&A: Pan African CEO bullish on gold demand and dynamics
Electricity supply disruptions continue to pose a risk, Cobus Loots says, but ‘our team is very excited about the year ahead’
26 January 2024 - 05:00
The gold market continues to hold up well given an uncertain global environment, which appears increasingly to be a permanent feature. We have seen the gold price above $2,000/oz for some time now with the weak rand to the dollar supporting players like Pan African Resources. Business Day caught up with its CEO Cobus Loots to reflect on this and other related matters.
Q: From your vantage point, how are the supply-demand fundamentals looking in the year ahead?..
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