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Pan African Resources transitions to main market listing as gold prices reach record highs...
22 Sep, 2025 13:20 172 min read
In a strategic move to access a larger investor pool and improve liquidity, Pan African Resources is transitioning its listing from London's AIM to the main market of the London Stock Exchange. This decision coincides with record-high gold prices above $3,600 per ounce, which have boosted its shares and are projected to make the company debt-free by 2026. The miner forecasts a significant 40% production increase for the 2026 financial year, driven by a diversified portfolio and its new Mogale Tailings Retreatment operation. Being completely unhedged, the company is positioned to fully capitalize on the favorable gold price environment to fuel its ambitious growth strategy.... More