Pan African Resources reported record results for the fiscal year ending June 30, 2026.
Gold production reached a record 272,310 ounces. This output represents a 38.6% increase over the prior year. Revenue grew 114% to $1.156 billion. Annual profit climbed 154% to $356.9 million.
The company eliminated its prior net debt of $150.5 million. It now maintains a net cash position of $185.8 million.
Pan African proposed a record final dividend of R1.86 billion ($113.6 million). The company will also launch a share buy-back program of up to R500 million in October.