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Pan African Resources confirms looming job cuts at Evander mine

Pan African Resources Plc on Feb. 27 confirmed looming job cuts at its Evander gold mine in South Africa, saying it has started the consultation process for the potential layoffs in accordance with South African laws.

The miner did not disclose the number of employees involved in the process, but the National Union of Mineworkers has said Pan African will lay off 1,722 employees out of the operation's 1,812 workers.