Mining copper, gold and PGMs from the heart of Limpopo.
Founded in 2004 and headquartered in Musina, Pan African Resources Minerals has grown into a diversified mid-tier producer with a reputation for safe, low-cost and responsible operations.
Two decades of disciplined growth.
What began as a single copper licence on the Soutpansberg has become a multi-commodity group spanning four operating assets. Throughout, our approach has stayed constant: acquire quality orebodies, operate them efficiently, and reinvest in the people and places that make production possible.
Today we produce copper, gold and platinum group metals, and we continue to extend mine life through near-mine exploration and selective brownfield expansion.
Surface fleet · MusinaThe company in numbers.
Run-of-mine oreFour priorities, one objective.
Generate sustainable returns through the cycle by running safe, efficient mines and allocating capital with discipline.
Operate safely and efficiently
Zero-harm culture and continuous cost improvement across every asset.
Extend asset life
Near-mine exploration and resource conversion to grow reserves organically.
Grow with discipline
Fund only value-accretive brownfield and greenfield projects.
Return capital
A progressive dividend supported by strong free cash flow.
The principles behind every decision.
Safety first
The wellbeing of our people is never traded against production.
Stewardship
We mine in a way that respects land, water and the next generation.
Partnership
Lasting value is built with host communities, not around them.
Discipline
Clear capital allocation and honest, transparent reporting.
Responsible mining, beyond compliance.
Our social licence to operate is earned every day through the way we treat people and the environment.
Environment
Renewable power, rehabilitation and biodiversity protection across our footprint.
Water
Closed-loop water management and reduced freshwater draw at every plant.
Social
Education, healthcare, skills and local enterprise development in Vhembe.
Governance
An independent board, robust ethics and transparent disclosure.
Accountable, independent oversight.
Pan African Resources Minerals is governed by a board with a majority of independent non-executive directors, supported by audit, risk, remuneration, and social and ethics committees. We report in line with King IV and the JSE Listings Requirements.
Our combined assurance model brings together internal audit, external audit and management controls to safeguard the integrity of our reporting.
Technical assurance on site“We measure success not only in ounces and tonnes, but in the safety of our teams and the prosperity of the communities that host us.”
Mining responsibly. Building value that lasts.
Talk to our investor relations team about Pan African Resources Minerals' growth pipeline and dividend strategy.