For the six months that ended Dec. 31, 2016, Pan African Resources Plc expects its EPS to be between 0.87 British pence and 0.99 pence.

It translates to a 45% to 65% increase over the 0.60 pence EPS a year ago, the company said Jan. 27.

Headline EPS for the first half of fiscal 2017 is expected to be between 0.85 pence and 0.97 pence, a 42% to 62% jump over the 0.60 pence headline EPS for the prior-year period.

In South African rand, EPS is expected at between 15.34 South African cents and 17.82 cents, a 23% to 43% increase over the 12.43 cent EPS in the same half of 2015.

Meanwhile, headline EPS is expected to fall between 15.08 cents and 17.56 cents, a 21% to 41% increase over the 12.43 cent headline EPS a year ago.

Pan African's gold production from Barberton mines dipped 12.8% year over year to 49,212 ounces in the reporting six-month period, while output from Evander mines declined 6.5% to 42,401 ounces on a yearly basis.

The company's production of platinum group elements from the Phoenix mine totaled 4,575 ounces, up 1.8% year over year. Uitkomst Colliery, meanwhile, produced 327,202 tonnes of coal in the first fiscal half.

Additionally, the company reiterated its revised gold output guidance of 195,000 ounces for fiscal 2017.