Aerial view of an open-pit mine
Diversified mining · Musina, South Africa

Minerals that move a continent forward.

Pan African Resources Minerals is a mid-tier producer of copper, gold and platinum group metals, operating a portfolio of long-life assets across Limpopo and the wider region.

312koz
Annual production, gold-equivalent
4
Operating assets across two provinces
6,200+
Employees and contractors
2049
Mineral rights tenure secured to
Who we are

A focused operator with a disciplined growth pipeline.

From our base in Musina, we mine and process copper, gold and platinum group metals with a single priority: safe, low-cost ounces that compound shareholder value over the cycle.

Our strategy combines high-grade underground orebodies with low-cost surface retreatment, supported by a brownfield and greenfield pipeline that extends asset life well into the next decade.

Copper, cobalt and nickel-bearing oreCopper-bearing ore · Musina
Refined gold barsRefined product
Why invest

Long-term value, returned to shareholders.

We are a cash-generative, dividend-paying producer with a clear capital allocation framework: sustain the base, fund disciplined growth, and return surplus to shareholders.

01

Near-term growth

A funded pipeline lifting group output toward 360 koz gold-equivalent.

02

Diversified earnings

Copper, gold and PGM exposure smooths revenue through the commodity cycle.

03

Shareholder returns

A progressive dividend underpinned by low all-in sustaining costs.

Our impact

Production with purpose.

Gold-eq. reserves
8.4 Moz
Total resources
19.7 Moz
Contained copper
1.2 Mt
Community investment FY25
R182 m
Sustainability

Beyond compliance.

We protect the environment we operate in and invest in the communities around our mines — from water stewardship and renewable energy to skills development and local enterprise.

Processing facility at duskRenewable-powered processing

Mining responsibly. Building value that lasts.

Talk to our investor relations team about Pan African Resources Minerals' growth pipeline and dividend strategy.