Pan African reports on surface remining operations

Pan African Resources, in its Audited Results for the year ended 30 June 2025, reported that surface remining at the MTR operation was commissioned, with steady-state production since December 2024. The US$135.1 million project was delivered under budget and ahead of schedule

     – The expansion of the plant from 800ktpm to 1mtpm, at a total cost of US$6.5 million has commenced. The addition of two carbon-in-leach (CIL) tanks and installation of reactors to further improve recoveries will result in an increase in production from 50,000oz to approximately 60,000oz per annum. This expansion project is expected to be completed during FY26

• The Soweto Cluster feasibility study is on track for completion during September 2025, with the study focusing on the option of constructing a new processing facility, which would be a stand-alone operation also producing approximately 50,000oz to 60,000oz per annum

• At the Elikhulu Tailings Retreatment Plant (Elikhulu), the construction of remining infrastructure at the Winkelhaak tailings storage facility (TSF) will commence in FY26 and deliver process feed into the production schedule by FY27. Production at Elikhulu is anticipated to be between 49,000oz and 51,000oz for FY26.