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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.

Pan African turnaround in 2016 Pan African turnaround in 2016 Pan African turnaround in 2016 Pan African turnaround in 2016 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].