Pan African Resources (OTC:PAFRF) is a South African-based precious metals mining group, which produces c. 200,000oz of gold and c. 12,000oz of platinum per annum. Company was established in 2005, but did not start material operations till 2007, when it acquired Barberton Mines (with further minority stake bought out in 2009). In 2013, Pan African doubled its production by acquiring Evander Mines in 2013.
Company's strategic focus is on the exploitation of high-grade ore-bodies that yield high margins with a low cash cost base. All of Pan African properties (Barberton, Evander and Phoenix, brief info on assets can be found here) are in full production. The Group is currently unhedged, and is able to fund
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|