ENTITY

Pan African Resources (PAF LN)

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Analysis
MaterialsUnited Kingdom
Pan African Resources PLC engages in the exploration and mining of gold and platinum-group element (PGE) properties in South Africa. The company operates through five segments: Barberton Mines, Evander Mines, Phoenix Platinum, Corporate and Growth Projects, and Funding Company. Its PGE properties comprise platinum, palladium, rhodium, iridium, and ruthenium deposits. The company?s assets include Barberton Mines comprising three gold mines and the Barberton Tailings Retreatment Plant, as well as Evander Mines consisting of a gold mine and the Evander Tailings Treatment Plant in Mpumalanga; and Phoenix Platinum, a Chrome Tailing Retreatment Plant located in Rustenburg, South Africa. It also provides funding services. The company was incorporated in 2000 and is based in Johannesburg, South Africa.
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16 May 2018 15:36Issuer-paid

Pan African Resources - Finishing unfinished business

On 2 May Pan African (PAF) announced that, after both internal and external reviews had concluded there was “no realistic prospect of mining...

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23 Apr 2018 15:41Issuer-paid

Pan African Resources - A second glance at the first half

Pan African’s (PAF’s) shares have fallen by 41% since its operational update on 1 February, which revealed a 6.9% decline in gold production vs...

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28 Sep 2017 18:37Issuer-paid

FY17 results in line

Notwithstanding a reclassification of both Uitkomst and Phoenix as ‘discontinued operations’ in FY17, PAF’s net profits of £17.9m were within 3% of...

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24 Aug 2017 15:38Issuer-paid

Disposals hone investment case

Pan African (PAF) has made a number of announcements since Edison’s last note in May, including an operational update, the conclusion of the...

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17 May 2017 17:14Issuer-paid

Canning coal

Since our last update note, Pan African Resources (PAF) has announced the disposal of its 91% interest in its coal asset, Uitkomst, for ZAR275m...

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