Pan African Resources is a mid-tier gold producer with mining and processing operations concentrated in South Africa. It extracts gold from underground and surface operations and processes ore through its own plants, selling refined gold into the global bullion market. The company positions itself around relatively lower-cost South African gold assets and operational efficiency rather than multi-metal diversification.
| Year | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| 2022 | 376.4 | — | 75.1 | — |
| 2023 | 319.9 | -15% | 60.9 | -18.9% |
| 2024 | 373.8 | 16.9% | 79.4 | 30.3% |
| 2025 | 540 | 44.5% | 141.6 | 78.4% |
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