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Pan African Resources share price surges as gold production jumps 51%...
27 Jan, 2026 10:26
401 min read
Pan African Resources saw a share price increase of over 5% following an operational update revealing a 51% rise in gold production, reaching 128,296 ounces. The company plans to initiate a half-year dividend of 12 cents amid high gold prices. CEO Kobus Loots indicated that strong performance positions the group for outstanding annual results, aiming to fully repay debt by February 2026. Net debt decreased by over 65% to $49.9 million. Significant production rises are expected, particularly at Evander with an 87% increase. MTR operations being expanded to enhance production, while a feasibility study for processing Soweto Cluster TSFs aims for further gold output growth, targeting 30-35koz annually with reduced costs....
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