By: Creamer media

Pan African Resources operates several gold mining and retreatment projects in South Africa.

The newly developed Mogale tailings retreatment operation, acquired for R50-million, is expected to produce 50 000 oz/y of gold over 21 years, increasing the company’s production by 25%.

Barberton Mines produced 71 470 oz in the 2024 financial year, with a capacity of 110 000 oz/y and a 20-year life-of-mine (LoM). The Barberton Tailings Retreatment Plant (BTRP) produced 18 888 oz and has a two-year LoM.

Evander Underground Mining Operations recorded 38 285 oz of gold production, with a capacity of 40 000 oz/y and an 11-year LoM. The Elikhulu Tailings Retreatment Plant produced 54 812 oz, with a capacity of 75 000 oz and a nine-year LoM.

Pan African Resources is also advancing several near-term projects.

Development at Evander’s 24 Level is progressing as planned, ensuring continued underground mining at 8 Shaft for another 2.5 years, with future mining planned at 25 and 26 Levels. Work has also begun at Egoli, where dewatering is under way to enable further exploration and reserve delineation drilling.

A feasibility study on the Mogale Gold Tailings Storage Facilities confirmed a potential 25% increase in the company’s yearly gold production over 13 years, with possible expansion to 21 years.

Development at the Royal Sheba project began in May 2021, with the BTRP expected to transition into a hard-rock processing facility for the project’s estimated 18-year lifespan.

In Sudan, Pan African Resources holds five prospecting concessions covering nearly 1 100 km², valid for three years with a two-year extension option.