The mid-tier gold miner lost about 10,000oz in gold production because of load-shedding.
Mid-tier gold miner Pan African Resources has lowered its production guidance by about one-tenth for the rest of its current financial year in part because of power cuts cutting down in production.
The company, valued at R9bn on the JSE, now anticipates its gold production for the year to end-June will be about 175,000oz, down from the previous guidance of 195,000oz-205,000oz, as ongoing problems at state-owned power utility Eskom and load-shedding led to about 10,000z in lost production...
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