Pan African Resources to cut 1,722 jobs at Evander Gold Mine

JOHANNESBURG, Feb 25 (Reuters): South Africa's National Union of Mineworkers (NUM) on Sunday said that Pan African Resources would cut 1,722 jobs at its Evander Gold Mine in the country's Mpumalanga province.

The NUM said the company, which has a total workforce of 1,812 people at the mine, informed the union that the job cuts were due to deteriorating and inadequate infrastructure at the mine, high operating costs, such as rising electricity, labor costs, and a low gold price.