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IN BRIEF: Pan African Resources says Barberton exploration successful

ALN

Pan African Resources PLC - Rosebank-based gold producer - Says its exploration efforts have been successful, finding high-grade orebodies on the down-dip extensions at its Barberton gold mines in Mpumalanga. It says exploration results will inform and enhance its mineral resource and reserve estimates, which will be presented in September. In 2021, Barberton mines produced 84,819 ounces of gold, up from from 68,129 ounces in 2020.

Johannesburg current stock price: R 4.28, down 2.2% on Friday

12-month change: up 19%

London current stock price: 21.77 pence, down 2.1%

12-month change: up 17%

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