South African gold miner Pan African Resources raises annual production guidance to 186,000-190,000 ounces due to Evander Gold Mines' surface material suspension.
South African gold miner Pan African Resources raised its annual production guidance to between 186,000 and 190,000 ounces, with the suspension of processing surface material at its Evander Gold Mines in Mpumalanga, South Africa. This increase follows the uneconomical processing of marginal surface sources during the second half of the financial year. All-in sustaining cost guidance remains at between $1,325 and $1,350 an ounce.
May 09, 2024
3 Articles