gold
The Elikhulu project in Evander, South Africa

Pan African Resources has implemented the necessary measures at all its operations to conduct essential services during the 21-day lockdown period in South Africa.

The Group surface operations are currently operating at approximately 70% of normal capacity.

Barberton Mines will, in the next few days, endeavour to resume limited operations at certain high-grade sections of its Fairview operation to ensure the required minimum feed for its BIOX processing plant.

Essential services specific to affected Pan African Resources’ operations include security services, pumping and ventilation activities, metallurgical plant maintenance, inspection of underground workings, management and monitoring of tailings deposition facilities, waste management and water treatment facilities and other health and safety related services.

As part of essential services, the Group is also currently conducting limited surface re-mining and processing activities at its Elikhulu Tailings Retreatment Plant and at its Barberton Tailings Retreatment Plant.

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Cobus Loots, CEO of Pan African Resources, comments: “In this time of crisis, we are heartened by the manner in which all stakeholders in the mining industry are collaborating.

Pan African Resources recognises that the adverse effects of the COVID-19 pandemic will be severe and far reaching. The impact will be even more pronounced in areas with limited resources and poverty.

“Recognising the economic and social hardship that communities and employees will experience during the National Lockdown, the Company will embark on support programmes, in addition to our existing initiatives, to alleviate this hardship.”

Pan African Resources supports and is committed to all government efforts to contain the spread of COVID-19. Of the Group’s total staff and contractor complement, only 20% (excluding security staff) are involved in the essential services detailed above.

Employees and contractors not required for essential services will remain at home for the duration of the National Lockdown.

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Further measures to reduce the risk of COVID-19 contamination of essential service personnel include the following:

  • Where possible, relevant staff members are housed in dedicated, restricted-access housing facilities for the duration of the lockdown
  • Continuous screening and monitoring, including thermal temperature monitoring, of staff members for COVID-19 symptoms have been implemented
  • Standby medical support; and
  • Rigorous social distancing and sterilisation/hygiene protocols, which are in place

The South African Department of Mineral Resources and Energy has approved the Group’s planned activities during the National Lockdown, subject to compliance with and adherence to all relevant Regulations and applicable legislation.

The COVID-19 pandemic is expected to have a severe adverse economic and social impact on stakeholders involved in the Group’s operations.

The Group will, in the coming weeks, embark upon initiatives to assist stakeholders in this regard in the areas in which it operates.

Updated guidance for the 2020 financial year will be communicated to shareholders after the National Lockdown has concluded, once the Group is in a position to quantify the extent and duration of the operational disruptions during this time.

Pan African Resources recognises that the adverse effects of the COVID-19 pandemic will be severe and far reaching. The impact will be even more pronounced in areas with limited resources and poverty.

Read more about COVID-19