Pan African on course for renewables to eventually supply 50% of its energy needs
Pan African Resources in its statement about its annual financial results reported that by next year renewable energy will make up 15% of its energy mix. By 2030 that percentage will increase to 39% and that by 2050 renewables will account for 50% of its energy use.
In the last financial year renewable energy was a mere 8.8% of its energy mix – up from 6.6% in the previous financial year. The group saved over R76 million in electricity costs through the 10MW Evander Mines solar plant and the 8.75MW Fairview Mine solar plant. Both gold mines are situated in Mpumalanga.
“The feasibility studies for Evander Mines’ phase 2 (20MW) and Mogale Tailings Retreatment’s (MTR) 19MW solar renewable energy plants have been completed, with construction of the Evander facility planned to commence during financial year ’26,” the group stated.
A 4MW solar facility is also planned for the group’s Tennant Mines in Australia. Its feasibility study is in progress. A 40MW power purchase agreement has also been concluded with NOA Group, a renewable energy service provider, for wheeled power to the group’s South African operations.
Not only is the group making good progress with regards to its carbon footprint, it is also taking strides in the recycling of water at its mines.
“Evander Mines’ 3 megalitre per day (ML/day) water recycling plant produced 833,000m3 of potable water in FY25, and construction of phase 2 of the plant, also with 3ML/day capacity commenced in June 2025.
“At MTR, construction of a 3ML/day water treatment plant will commence in September 2025, while Tennant Mines commissioned a 0.05ML/day water treatment plant in April 2025,” Pan African reported.
