Half Year 2023 Pan African Resources PLC Earnings Call Transcript
Good morning to all of you, and a very warm welcome to the Pan African Resources interim results presentation. Thank you very much for taking time out of your schedules to join us this morning.
At the outset, I have to say, in terms of our underground safety and also the production from our Barberton underground operations, the last half year has been a challenging one for Pan African. It is, however, important to contextualize these 2 issues. We are comparing ourselves to what was a year of record production and profits in 2022. Also, we are implementing concrete measures to improve safety and production from the Barberton underground. These initiatives should see a much improved performance in the second half of the financial year.
Pan African is also now benefiting from a rand gold price in excess of ZAR 1 million per kilo, which is very attractive. Our strategy is to position ourselves as a safe and sustainable, high-margin and long-life gold producer. I believe that the next slides demonstrate
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