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Harmony Gold Mining Company Ltd (HARJ.J)

HARJ.J on Johannesburg Stock Exchange

25 Oct 2016
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32.00c (+0.74%)
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Latest Key Developments (Source: Significant Developments)

Harmony Gold sees Sept qtr gold production 10 pct up from June qtr
Monday, 17 Oct 2016 04:49am EDT 

Harmony Gold Mining Company Ltd : Harmony guides 10 pct increase in quarter on quarter gold production . Advises that gold production in September 2016 quarter was approximately 10 pct higher than June 2016 quarter . Continued to benefit from its currency and gold hedge, which - in addition to higher production - aided strong cash flows .Underground grade at above 5g/t was maintained.  Full Article

Harmony Gold acquires full ownership of Hidden Valley mine in Papua New Guinea
Monday, 19 Sep 2016 01:05am EDT 

Harmony Gold Mining Company Ltd : Harmony acquires full ownership of Hidden Valley mine in Papua New Guinea . Will also acquire Newcrest's 50 percent interest in exploration tenements adjacent to Hidden Valley mine . Signed agreement to purchase Newcrest PNG 1 Ltd which holds Newcrest's 50 percent interest in Hidden Valley JV for cash consideration of $1 .Harmony and Newcrest will remain joint venture partners in Wafi-Golpu project.  Full Article

Newcrest Mining updates on sale of Hidden Valley interest
Sunday, 18 Sep 2016 07:06pm EDT 

Newcrest Mining Ltd : Sale of Hidden Valley interest . Also signed an agreement to sell 50% interest in certain regional exploration tenements proximate to hidden valley mine to Harmony . Signed an agreement to sell Newcrest PNG 1 Ltd to a wholly owned subsidiary of Harmony Gold Mining Company Limited . Says Newcrest expects to recognise a loss on sale of approximately US$10M . Says following completion, Harmony will become 100% owner of the Hidden Valley JV including the hidden valley mine . Newcrest and Harmony will remain 50 / 50 joint venture partners in the wafi-golpu project . As part of the transaction Newcrest has funded Newcrest PNG 1 Ltd with an amount of US$22.5M .  Full Article

White Rivers Exploration to seek London, Johannesburg listings in 2017
Thursday, 8 Sep 2016 03:24am EDT 

White Rivers Exploration: Defines world class gold resource in South Africa joint venture with Harmony Gold intention to list on LSE & JSE in 2017 . Defined a significant JORC 2012 compliant gold resource of 11.5moz at 8.89g/t at its JV project in witwatersrand . Project is also highly prospective for uranium . Mining will target multiple high grade gold over 30+ year mine life at a production rate of between 250,000oz to 300,000oz of gold per annum (Bengaluru Newsroom: +91 806 749 1136).  Full Article

Harmony Gold to lift total annual gold output to 1.5 mln oz
Thursday, 8 Sep 2016 01:56am EDT 

Harmony Gold Mining Company Ltd : Harmony looks to lift total gold output to 1.5 m oz p.a. with eye for wider african gold acquisitions - CEO South East Asia . We want to achieve this on an all in sustaining cost (asic) target no greater than $950 an ounce, and that such a cost performance is sustainable- CEO South East Asia Further company coverage: [HARJ.J] (Bengaluru Newsroom: +91 80 6749 1136).  Full Article

Harmony Gold applies for special mining lease for Papua New Guinea project
Thursday, 25 Aug 2016 02:43am EDT 

Harmony Gold Mining Company Ltd : Pleased to announce that an application for a special mining lease for Wafi-Golpu project was submitted today to mineral resources authority in Papua New Guinea . Taking Golpu up value curve; application submitted for special mining lease .Golpu has a Jorc-compliant mineral resource of 824mt at 1.05 pct copper, 0.70g/t gold, 1.25g/t silver and 90ppm molybdenum.  Full Article

Harmony Gold FY HEPS 221 SA cents
Wednesday, 17 Aug 2016 01:07am EDT 

Harmony Gold Mining Company Ltd : Results for the six months and year ended 30 June 2016 . Says FY headline earnings of 221 sa cents (15 us$ cents) . Says FY revenue increased by 19 pct on back of a 21 pct increase in r/kg gold price . Total gold production for FY16 increased by 142kg (0.4 pct) to 33 655kg, compared to 33 513kg in FY15 . Dividend of 50 sa cents (4 us cents) .6 pct increase in underground recovered grade for 6 months ended June 30.  Full Article

Harmony Gold sees FY HEPS up between 207-227 pct
Friday, 12 Aug 2016 10:03am EDT 

Harmony Gold Mining Company Ltd : Trading statement for the year ended 30 June 2016 . FY HEPS are expected to be between 202-240 sa cents per share, which is between 207pct and 227 pct higher than headline loss of 189 SA cents per share .In us dollars terms, FY HEPS are expected to be between 13 and 16 us cents per share,up between 180 pct and 200 pct.  Full Article

Harmony Gold Mining says hedges 432,000 ounces of gold sales
Monday, 18 Jul 2016 01:05am EDT 

Harmony Gold Mining Company Ltd : JSE: HAR - Harmony meets annual production guidance; creates further cash certainty . Sharp increase in gold price provided co with an opportunity to lock in 20 pct of sales at average rate of about r682 000/kg .Entered into short term gold forward sale contracts for a total of 432 000 ounces over a period of 24 months.  Full Article

Harmony Gold Mining Company Ltd stops operations at Masimong mine after fatality
Monday, 16 Nov 2015 04:35am EST 

Harmony Gold Mining Company Ltd:Regrets to advise that an employee was fatally injured yesterday in a fall of ground accident at its Masimong mine in free state province.Investigations into accident are underway and all operations at mine have been stopped by management.  Full Article

BRIEF-Harmony Gold completes acquisition of Hidden Valley mine

* Harmony completes Hidden Valley acquisition Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)