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Pan African Resources, Great Southern Copper, Buccaneer Energy, Rome Resources, Sovereign Metals - Resources Sector Week in Review

Published: 03:00 21 Feb 2026 EST

Pan African Resources PLC (LSE:PAF, OTCQX:PAFRY, JSE:PAN) posted record first-half profits of US$147.8 million with production up 51%. Net debt is down nearly 70%, and the company expects to be in a net cash position by the end of the month. Watch more

Great Southern Copper PLC (LSE:GSCU, FRA:E9E) reported high-grade copper hits at the Mostaza deposit at the Cerro Negro project in Chile. Management says the system is growing at depth and could link into a much larger deposit. Watch more

Buccaneer Energy Plc (AIM:BUCE, FRA:LMU1) doubled production at its Pine Mills field in Texas in a successful organic oil recovery pilot. Water cut dropped sharply, boosting output and potentially improving cash flow. Watch more

Rome Resources Plc (AIM:RMR, FRA:33R) delivered more high-grade tin intercepts at Kalayi in the DRC. Hit rates and widths are improving, with grades comparable to Alphamin’s nearby Mpama mine. Watch more

Sovereign Metals Ltd (ASX:SVM, OTCQX:SVMLF, AIM:SVML, FRA:SVM) signed an MoU with Traxys for graphite from Kasiya project in Malawi. Management says the project could become the world’s largest natural flake graphite producer. Watch more

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Pan African Resources CEO Shares Growth Plans and Profitable Prospects in...

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on 18/7/23