Pan African has appointed Ron Holding as a director and its CEO and Cobus Loots as Financial Director.

Holding has been Pan African’s Joint Interim CEO since March 2013, after Jan Nelson stepped down. Cobus Loots will assume the role of Financial Director from October this year, following the resignation of Busi Sitole.

“Ron’s in-depth knowledge of Pan African Resources and its operations makes him the ideal fit,” says Keith Spencer, Chairman of Pan African. “His experience positions him to effectively further the Company’s strategy of being a low cost, high margin, precious metals producer, particularly in light of our organic growth plans at Evander and Barberton Mines.”

Spencer adds that “Cobus has been a board member for many years and the contribution of his expertise as Financial Director will be highly beneficial to Pan African.”

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