Pan African Resources Plc on track to deliver the full-year production guidance of 185,000oz

Pan African Resources Plc (LON: PAF) has released an operational update for the six months ended 31 December 2019.

  • The company has reported that it is on track to comply with the full-year production guidance of 185,000 ounces.
  • Group gold sales increased by 14.7 per cent to 92,941oz as compared to 81,014oz in 2018.
  • The company has also reported that gold production from Elikhulu increased by 91.6 per cent to 29,301oz as compared to 15,292oz in 2018.
  • On 24th January 2020, at the time of writing, GMT 08:04 AM, PAF shares were trading at GBX 12.20, up by 0.30 points or2.52% against the previous day closing price.