Pan African Resources PLC (LSE:PAF) said on Monday that gold production for the six months ended December 2025 (H1 FY26) rose 51% year on year to 128,296 ounces.
The group said output is expected to increase further in the second half of the financial year, leaving it on course to deliver its full-year production targets.
Pan African Resources also indicated that it expects to eliminate net debt entirely by the end of February 2026.
In addition, the company announced a proposed interim dividend of 12 South African cents per share.
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