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Pan African focuses on getting basics right

South Africa-focused Pan African Resources performed well over the second half of 2019, and the combination of strong gold prices and additional production capacity means the company will be concentrating on paying down debt and returning cash to shareholders over the coming year, CEO Cobus Loots told Mining Journal.

Pan African focuses on getting basics right Pan African focuses on getting basics right Pan African focuses on getting basics right Pan African focuses on getting basics right Pan African focuses on getting basics right

Pan African Resources' Evander mine is located about 100km east of Johannesburg

Pan African gold production was up 15% in H2 thanks to output from the company's new Elikhulu tailings retreatment plant.

Higher gold prices saw free cash flow rise from negative-US$13.

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