Pan African Resources

South Africa-based gold mining business From Wikipedia, the free encyclopedia

Pan African Resources plc is a large gold mining business based in Johannesburg, South Africa. It is listed on the London Stock Exchange and the Johannesburg Stock Exchange and is a constituent of the FTSE 250 Index.[2]

Company typePublic
IndustryMining
Founded2000; 26 years ago (2000)
Quick facts Company type, Traded as ...
Pan African Resources plc
Company typePublic
LSE: PAF
IndustryMining
Founded2000; 26 years ago (2000)
HeadquartersJohannesburg, South Africa
Key people
Keith Spencer (chairman)
Cobus Loots (CEO)
RevenueIncrease $540.0 million (2025)[1]
Increase $215.9 million (2025)[1]
Increase $140.6 million (2025)[1]
Websitewww.panafricanresources.com
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History

The company was established to undertake mineral exploration in 2000.[3] It then focussed on gold mining after acquiring mines in Barberton, South Africa in 2007.[4]

The company was the subject of an initial public offering on the Alternative Investment Market of the London Stock Exchange and the Johannesburg Stock Exchange in 2007.[5] It significantly increased production after buying a gold mine in Evander, South Africa in 2009.[6]

In November 2024, the company acquired Tennant Consolidated Mining Group, a gold and copper mining business operating in Australia, for $50.8m; the purchase included Nobles, a gold mine at Tennant Creek in the Northern Territory.[7][8][9] Then, in October 2024, the company commissioned a tailings retreatment plant at Mogale in South Africa.[10]

The company transferred to the main market of the London Stock Exchange in October 2025.[11][12][13]

References

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