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Article: United Kingdom: Pan African Resources releases annual report.
- Article from:
- TendersInfo
- Article date:
- August 19, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: manish03
Pan African is a gold mining, development and exploration Company on the African continent with both production ounces and a portfolio of exploration assets.
The acquisition of Barberton Mines (Pty) Ltd ("Barberton") in South Africa during 2007 transformed the Company from a junior exploration company to a mid-tier gold producer with a pipeline of exploration projects. The resultant cash flow and enhanced metallurgical, engineering and mining skills base enable the Company to pursue mining and exploration projects to further grow the Company.
In addition to its 74% stake in Barberton (Shanduka Resources is a 26% shareholder), ...