https://www.miningweekly.com
Gold|Resources
Gold|Resources
gold|resources

Pan African to post at least 41% growth in interim earnings

2nd February 2024

By: Marleny Arnoldi

Deputy Editor Online

     

Font size: - +

Gold miner Pan African Resources has advised shareholders that it expects its headline earnings per share (HEPS) and earnings per share (EPS) for the six months ended December 31 to be between 41% and 51% higher year-on-year.

The company’s HEPS and EPS will be between $0.0214 and $0.0023, compared with $0.0152 in the six months ended December 31, 2022. 

The increase in earnings stems from an 8.9% increase in gold volumes sold at 98 458 oz, as well as a high average dollar gold price received of $1 961/oz, compared with an average gold price of $1 725/oz realised in the prior corresponding period.

The group will release its results on February 14.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Latest News

Showroom

Immersive Technologies
Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.

VISIT SHOWROOM 
GreaseMax
GreaseMax

GreaseMax is a chemically operated automatic lubricator.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (26/04/2024)
26th April 2024 By: Martin Creamer
Mining Weekly Editor Martin Creamer
Copper shares soar and green hydrogen goes digital
26th April 2024
Magazine cover image
Magazine round up | 26 April 2024
26th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.25 0.316s - 108pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: