Pan African proposes record final dividend as headline earnings surge

Gold mining company Pan African on Wednesday proposed a record final dividend after headline earnings surged 93% and net cash generated by operating activities rose by 42%. Mining Weekly can report that, in the 12 months to June 30, gold produced by the London-, Johannesburg- and New York-listed company rose 4.1% to 179 457 oz, exceeding the revised full-year production guidance figure of 176 000 oz.

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