Pan African Resources Plc has emerged as South Africa's best-performing miner this year, challenging the nation's reputation for expensive and declining gold production. The company innovatively recovers gold from tailings—waste dumps left from South Africa's days as the leading global gold producer. Additionally, it operates century-old underground shafts in Barberton, the site of the country's first gold rush in the 1880s. By utilizing waste and aging infrastructure, Pan African Resources has positioned itself as a leader in sustainable and efficient gold extraction. This approach highlights the potential for mining companies to thrive despite the challenges facing South Africa's gold industry. Continue here.
