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Renewal of Barberton Mines’ mining rights
Pan African Resources PLC
(Incorporated and registered in England and Wales under Companies Act 1985 with registered
number 3937466 on 25 February 2000)
Share code on AIM: PAF
Share code on JSE: PAN
ISIN: GB0004300496
ADR ticker code: PAFRY
(Pan African or the Company or the Group)
RENEWAL OF BARBERTON MINES’ MINING RIGHTS
Pan African is pleased to inform shareholders that the South African Department of Mineral
Resources and Energy (DMRE) has granted the renewal of the Company’s Barberton Mining Rights
for a period of 30 years.
Official notification of the grant of the renewal in terms of section 24 of the Mineral and Petroleum
Resources Development Act, 2002 (Act 28 of 2002) (MPRDA) was received by the Group on 1 June
2021, and comprises renewals of the mining rights for the Fairview, New Consort and Sheba Mines
(all of Pan African’s Barberton mining rights).
The renewal applications submitted by the Company included detailed technical reports and mine
works programmes that support mining at the Barberton operations for the 30-year renewal period.
Pan African CEO Cobus Loots commented:
“Our exploration and mining teams at Barberton have made exceptional progress over the past years,
applying modern exploration, development and mining techniques to increase underground gold
production and the lives of our mining operations. We view the granting of the mining right renewals
by the DMRE for a 30-year period as an endorsement of our efforts and operations.
As one of the largest employers in the Barberton area, Pan African has invested significantly in, and
will continue to invest in community and ESG initiatives, including community infrastructure and large
scale agriculture projects that improves the lives of our stakeholders and the economic sustainability
of the region.”
The information contained in this update is the responsibility of the Pan African board of directors
and has not been reviewed or reported on by the Group’s external auditors.
Rosebank
3 June 2021
This announcement contains inside information.
For further information on Pan African and its ESG initiatives, please visit the Company's website at
www.panafricanresources.com
Contact information
Corporate Office Registered Office
The Firs Office Building Suite 31
2nd Floor, Office 204 Second Floor
Cnr. Cradock and Biermann Avenues 107 Cheapside
Rosebank, Johannesburg London
South Africa EC2V 6DN
Office: + 27 (0)11 243 2900 United Kingdom
info@paf.co.za Office: + 44 (0)20 7796 8644
Cobus Loots Deon Louw
Pan African Resources PLC Pan African Resources PLC
Chief Executive Officer Financial Director
Office: + 27 (0)11 243 2900 Office: + 27 (0)11 243 2900
Phil Dexter/Jane Kirton Ross Allister/David McKeown
St James's Corporate Services Limited Peel Hunt LLP
Company Secretary Nominated Adviser and Joint Broker
Office: + 44 (0)20 7796 8644 Office: +44 (0)20 7418 8900
Ciska Kloppers Thomas Rider/ Nick Macann
Questco Corporate Advisory Proprietary Limited BMO Capital Markets Limited
JSE Sponsor Joint Broker
Office: + 27 (0)11 011 9200 Office: +44 (0)20 7236 1010
Hethen Hira Website: www.panafricanresources.com
Pan African Resources PLC
Head: Investor Relations
Tel: + 27 (0)11 243 2900
E-mail: hhira@paf.co.za
Date: 03-06-2021 07:57:00
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