GOLD
The tailings retreatment tailwinds blowing strongly into Pan African Resources are poised to ameliorate the blow that the low rand gold price is delivering to the company's more cost-intensive underground operations. Coming in brilliantly ahead of schedule and below budget is the Eilikhulu tailings retreatment project, which will ensure that more than a third of Pan African's yearly gold production arises from low-cost, low-risk tailings businesses, which have long lives ahead of them. (Also watch attached Creamer Media video).
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