Evander Gold Mine

Pan African plans 2 000 job cuts, says union

Pan African Resources is considering job cuts at its Evander gold mine that would affect about 80% of employees at the operation, after warning a refurbishment programme could take longer than planned and be difficult to implement successfully,...

Early settlements give hope to gold mines

Village Main Reef and Pan African Resources have reached a wage agreement with the NUM and the United Association of SA in the wake of the gold sector strike. These early wage settlements, struck by two of the five gold producers affected by the...
evander mine image

Pan African one step closer to Evander acquisition

JSE-listed Pan African Resources has secured financing of R703 million for the acquisition of Harmony Gold’s Evander Gold Mine. The funds were raised through a share offer of 25.5 new shares for every 100 shares held. The purchase price for Evander...