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Pan African expects lower earnings

Creamer Media Editor
Gold mining company Pan African on Friday advised shareholders that earnings in the 12 months to June 30 are expected to be lower than for the corresponding period last year. But the challenging operational environment has been ameliorated by the pouring last month of the first gold at the newly commissioned Elikhulu tailings retreatment plant at Evander, which has kept the London- and Johannesburg-listed company well on track to deliver its 190 000 oz production target.

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