It's full steam ahead at Pan African Resources (PAF), with the South Africa-focused gold miner putting the final pieces in place to complete its ZAR1.5bn (£115m) acquisition of the Evander gold mine.
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Operations at Evander beat expectations in the last quarter, with an 18 per cent increase in gold production and a 14 per cent improvement to cash costs. And, thanks to Pan African's nifty dealmaking, the ZAR141m in profits generated at the mine during the quarter can be put toward the purchase price.