Pan African confident of reaching 185 000 oz production target

JSE- and Aim-listed Pan African Resources remains on track to produce at least 185 000 oz of gold for the year ending June 30, following a successful six months to December 31.

CEO Cobus Loots in a statement on Friday confirmed that the company’s Evander 8 Shaft Pillar project would reach commercial production in the next few weeks, which would add further high-margin production from the company’s operations in the remainder of the current financial year.