https://www.miningweekly.com

Pan African expects up to 26% rise in 2013 headline earnings

20th August 2013

By: Creamer Media Reporter

  

Font size: - +

JOHANNESBURG (miningweekly.com) – Dual-listed Pan African Resources expects its headline earnings a share for the financial year ended June 30 to be between 16% and 26% higher than the 24.89c recorded in the 2012 financial year.

Earnings a share for the full year were expected to be between 34% and 44% higher than the 24.83c a share in the prior year.

Meanwhile, Pan African reported that its Barberton Gold Mines Operations (BGMO) had improved its production in the six months ended June, compared with the first six months of the financial year.

This brought total production for BGMO to 96 296 oz for the full year, compared with the 94 449 oz produced the year before.

The Evander gold mine, which was acquired by Pan African at the end of February, contributed 34 197 oz of gold to the group in the four months ended June 30, taking total group output for the year to 130 493 oz.

Pan African would release its results on September 17.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

AQS Liquid Transfer
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 
ABB Electrification
ABB Electrification

Electrifying the world in a safe, smart, and sustainable way, ABB Electrification is a global technology leader in electrical distribution and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

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:0.045 0.071s - 111pq - 2rq
Subscribe Now