Pan African Resources Acquires 15% Stake in CuFe for A$15.35m ($10.1M)

Deal Summary

Pan African Resources announced it has purchased a 15% equity stake in Australian miner CuFe for A$15.35 million (≈ $10.1 million). The investment is part of Pan African’s Australian expansion and aims to create synergies with its Warrego project in Tennant Creek. The deal was disclosed in an operational update ahead of the company’s financial year‑end.