82nd Minesite Forum - Pan African Resources Plc - Jan Nelson - 15/09/2011

Pan African Resources Plc is an African focused precious metals mining group that produces approximately 100,000oz of gold per year from its Barberton Mines in South Africa, with production of platinum group metals from its Chrome Tailings Retreatment Plant in the Bushveld Complex, also in South Africa, forecast to begin by September 2011. Its focus is on low cost, high margin production and acquiring near production projects. The Group is debt free, unhedged, is able to fund its current on-mine capital expenditure from internal cash flows and has a policy of paying dividends to its shareholders.
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