Mid-tier gold producer Pan African Resources produced the most gold yet in the 2022 financial year, helping the group achieve a slight increase in profit despite a lower gold price and higher costs.
The company’s gold production for the full year to end-June was up 1.9% to 205,688oz. The average gold price received for the year was down 1.3% in rand terms and all-in mining costs increased 6% due to increases in labour and electricity costs, among other things. Record gold production caused its headline earnings to increase 1.2% to $75m...
Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met JamesAlderson0 and started Bitcoin trading, I earned R800,000 in 3 weeks thanks JamesAlderson0
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Record gold output beats price weakness to nudge up earnings for Pan AfricanHigher production in 2022 was due to the stellar performance of its Evander Mines’ underground operation
Source: BDliveSA - 🏆 12. / 63 Read more »