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Pan African turnaround in 2016

Pan African Resources CEO Cobus Loots has told Mining Journal the company is in recovery mode following a weak year when profits fell 50% due to the lower grade mining cycle at Evander in South Africa.

Richard Wachman
Pan African turnaround in 2016

He said: “We are out of the low grade area now [4.6g/t]. The market is waiting to see if we have fixed Evander [grade to reach 7g/t]. “Come the interim figures [for the six months to 30 December 2015],...

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