PAF Stock Discussion
Pan African Resources Plc Description
Pan African Resources PLC is a precious metals producer engaged in mining. The Company operates through six segments: Barberton Mines, located in Barberton South Africa, derives revenue from sale of gold to South African financial institutions; Evander Gold Mining Proprietary Limited and Evander Gold Mines Limited (collectively known as Evander Mines), located in Evander South Africa, derives revenue from sale of gold to South African financial institutions; Phoenix Platinum, located in North West province in South Africa, derives revenue from sale of platinum group element concentrate to Western Platinum Limited; Uitkomst Colliery, located in Newcastle, KwaZulu-Natal, derives revenue from sale of coal to local and export markets; Corporate office and growth projects, including PAR Gold Proprietary Limited, derives revenue from management fee from providing management and administration services to other group companies, and Funding Company, which provides treasury function activities.
Industry: Gold
Keywords: Mining Metal Gold Treasury Metals Revenue Precious Metals Coal Mines Platinum Precious Metal Occupational Safety And Health Gold Mining Management Fee Platinum Group Administration Services Financial Institutions Phoenix Gold Mines Zulu
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