Pan African revenues rise 71pc
Pan African Resources, the Aim-listed miner, yesterday unveiled a 70.9 per cent rise in half-year revenue to £84.6m for the six months to December 2013. The company said that the amount of gold sold had increased by 123 per cent to 100,172 ounces, while its all in cash costs were $1,044 per ounce. “[The] results look good to us and demonstrate the contribution of the new Evander mine,” said broker Investec.