Pan African Resources

Pan African Resources plc is a large gold mining business based in Johannesburg, South Africa. It is listed on the London Stock Exchange and the Johannesburg Stock Exchange and is a constituent of the FTSE 250 Index.[2]

History

The company was established to undertake mineral exploration in 2000.[3] It then focussed on gold mining after acquiring mines in Barberton, South Africa in 2007.[4]

The company was the subject of an initial public offering on the Alternative Investment Market of the London Stock Exchange and the Johannesburg Stock Exchange in 2007.[5] It significantly increased production after buying a gold mine in Evander, South Africa in 2009.[6]

In November 2024, the company acquired Tennant Consolidated Mining Group, a gold and copper mining business operating in Australia, for $50.8m; the purchase included Nobles, a gold mine at Tennant Creek in the Northern Territory.[7][8][9] Then, in October 2024, the company commissioned a tailings retreatment plant at Mogale in South Africa.[10]

The company transferred to the main market of the London Stock Exchange in October 2025.[11][12][13]

References

  1. Annual Results 2025 Pan African Resources, retrieved 26 November 2025^
  2. FTSE UK Index Series: Quarterly Review December 2025 FTSE Russell, 3 December 2025, retrieved 19 December 2025^
  3. Pan African Resources plc Companies House, retrieved 26 November 2025^
  4. The Dogs of Aim 2021 Master Investor, 19 August 2021, retrieved 26 November 2025^
  5. Pan African plans move from AIM to London Main Market Mining Review, 8 September 2025, retrieved 26 November 2025^
  6. Analysts encouraged by Pan African Resources start with Evander Proactive Investor, 8 May 2013, retrieved 26 November 2025^
  7. Pan African completes Australian TCMG acquisition for $54.2m Mining Technology, 6 November 2024, retrieved 26 November 2025^
  8. Pan African's Ambitious Gold Production Expansion Strategy Unveiled Discovery Alert, 11 September 2025, retrieved 26 November 2025^
  9. Pan African expands into Australia, halts Sudan project Mining.com, 5 November 2024, retrieved 26 November 2025^
  10. Pan African proves it can commission large gold projects abroad with aplomb Mining Weekly, 11 June 2025, retrieved 26 November 2025^
  11. Pan African shares admitted to LSE’s main market Mining Weekly, 24 October 2025, retrieved 26 November 2025^
  12. Pan African Resources shares to debut on main board of LSE from Friday Shares Magazine, 24 October 2025, retrieved 26 November 2025^
  13. Mining boss: Journey from Aim to main market 'too difficult' CityAM, 28 October 2025, retrieved 26 November 2025^