Pan African Resources, a South African gold mining company well-regarded for its savvy dealmaking and leading returns to shareholders, continued to show its dealmaking prowess in 2017 through the development of the R1.7bn Elikhulu Tailings Project in Evander, Mpumalanga. This project is a major milestone for Pan African, increasing gold production by more than 25% and decreasing the average production cost per ounce of gold produced by the group. The fact that it was concluded at a time when ...
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