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Earlier this week, Pan African Resources PLC (LSE:PAF, OTCQX:PAFRY, JSE:PAN) CEO Cobus Loots talked to Proactive about the company’s decision to acquire...
UBS has lowered its price target on Lululemon Athletica Inc (NASDAQ:LULU) ahead of the company’s fourth quarter earnings, citing expectations for weaker...
10.30am: Dow and S&P drops as travel and leisure stocks lead declines After an hour of trading Wall Street has seen travel and leisure stocks lead the...
The South African gold miner will consolidate full ownership of the Tennant Creek joint venture in Australia through a court-approved scheme of arrangement Pan African Resources PLC (LSE:PAF, OTCQX:PAFRY, JSE:PAN), the London and Johannesburg-listed gold producer, has agreed to acquire Australian mining company Emmerson Resources in an all-share deal valuing Emmerson at approximately £163 million. Under the terms of the deal, Emmerson shareholders will receive 0.1493 new Pan African shares for each Emmerson share held, with consideration delivered in the form of CHESS Depositary Interests (CDIs), a structure used to allow foreign-listed shares to trade on the Australian Securities Exchange (ASX).
The South African gold miner will consolidate full ownership of the Tennant Creek joint venture in Australia through a court-approved scheme of arrangement...
Lindian Resources Ltd (ASX:LIN, OTC:LINIF) is moving to secure downstream processing capability after signing a binding term sheet to take a controlling...
Analysts at Jefferies argue that the outbreak of conflict in the Middle East, while deeply troubling, is fundamentally positive for mining stocks, and the...
Precious metals miners led gains in London on Monday as gold climbed to record highs following the US and Israeli attack on Iran, with investors rushing...
Pan African Resources PLC (PAFRY) Q2 2026 Earnings Call Transcript
Peel Hunt said Pan African Resources PLC (LSE:PAF, OTCQX:PAFRY, JSE:PAN) maiden interim dividend came in “a little better than expected”, even as higher costs at the Barberton complex weighed on first-half EBITDA. The broker reiterated its 'Buy' rating and 180p target after the gold producer reported US$487m of revenue for the period, broadly in line with Peel Hunt's model.
4:15pm: Nasdaq gains Tech stocks led Wall Street higher on Wednesday afternoon, with the Nasdaq closing up 0.8% at 22,753 points. The S&P 500 added 0.6% at...
Analog Devices Inc (NASDAQ:ADI) posted fourth quarter results for fiscal year 2025 that exceeded Wall Street expectations, with shares rising about 3% in...
As AMD shares fell and Google's TPU ambitions stalled, Meta's commitment to Nvidia's full chip stack amounts to a strong vote of confidence that should (at...
Pan African Resources PLC (LSE:PAF, OTCQX:PAFRY, JSE:PAN) delivered a record first-half profit of US$147.8 million as a sharp rise in output and a higher realised gold price pushed revenue up 157.3% to US$487.1 million for the six months to December 2025. Chief executive Cobus Loots told investors that Pan African's operational and financial performance, together with the boon of record gold prices, has positioned the miner "deliver outstanding results for the full year" - and, that it had allowed it to "degrease" the balance sheet and boost returns to shareholders.
Pan African Resources PLC (LSE:PAF, OTCQX:PAFRY, JSE:PAN) delivered a record first-half profit of US$147.8 million as a sharp rise in output and a higher...
Pan African Resources PLC has told investors it is expecting a steep rise in half-year earnings after a strong lift in both realised gold prices and production volumes. New guidance today points to interim earnings per share (EPS) of 7.18–7.43 US cents and HEPS of 7.28–7.40 US cents for the six months to 31 December 2025.
Gold and silver prices fell sharply on Friday, continuing the retreat from recent records that started the previous day with a screeching U-turn as traders...
Allergy Therapeutics PLC (AIM:AGY, OTC:AGYTF, FRA:HHU) has strengthened its management team, appointing Helge Weiner-Trapness as its new chief strategy...
Gold and silver prices fell sharply on Friday, continuing the retreat from recent records that started the previous day with a screeching U-turn as traders...
London BTC Company Ltd (LSE:BTC, OTCQB:VINZF) announced it has signed a 30-day exclusive call option to acquire a 100% interest in the tenements containing...