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Harmony Gold Mining Company Ltd (HARJ.J)

HARJ.J on Johannesburg Stock Exchange

22 Mar 2017
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156.37 (+5.38%)
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Latest Key Developments (Source: Significant Developments)

Harmony Gold Mining says net dividend 42.5 cents to 40 cents
Friday, 24 Feb 2017 07:52am EST 

Harmony Gold Mining Company Ltd : Following South Africa Minister of Finance budget speech on Feb. 22 withholding tax on dividends was increased from 15 pct to 20 pct .Net local dividend amount decreased from 42.5 SA cents to 40 SA cents.  Full Article

Harmony Gold says HEPS for six months to Dec. 31 at 150 cents
Thursday, 2 Feb 2017 12:05am EST 

Harmony Gold Mining Company Limited : Shareholder returns - interim dividend of 50 sa cents (4 us cents) - 8 pct increase in gold production . Gold production for six months ended 31 december 2016 increased by 8 pct to 17 227kg (553 862 oz), compared to 15 974kg (513 576oz) for six months ended june 2016 . All-In sustaining costs for all operations increased by only 4 pct to r510 506/kg (14 pct to us$1 136/oz). . Average spot gold price during six months ended december 2016 was r569 241/kg, 6 pct lower than r605 476/kg recorded in previous six months . Average us dollar gold price for six months ended december 2016 increased 4 pct to us$1 266/oz (june 2016: us$1 223/oz) . Revenue including gold hedge increased by 3 pct to r9.868 billion (13 pct to us$706 million) in six months ended 31 december 2016. . Total production profit decreased to r2.474 billion (us$177 million), from r3.092 billion (us$201 million) in h2fy16 .Headline earnings amounted to 150 sa cents per share (11 us cents per share).  Full Article

Harmony Gold reports fatality at Welkom ops
Thursday, 27 Oct 2016 04:51am EDT 

Harmony Gold Mining Company Ltd : Fatality at Harmony's central plant .A contractor was fatally injured in a construction related accident at its central plant in Welkom in Free State yesterday.  Full Article

Harmony Gold completes acquisition of Hidden Valley mine
Tuesday, 25 Oct 2016 09:16am EDT 

Harmony Gold Mining Company Limited :Harmony completes Hidden Valley acquisition.  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

Harmony Gold Mining Company Ltd - S.Africa court to decide on silicosis class action against gold sector - Reuters
Sunday, 11 Oct 2015 08:00pm EDT 

Harmony Gold Mining Company Ltd:A South African court on Monday began two weeks of hearings to determine if gold miners suffering from debilitating lung diseases they say they contracted at work can proceed with a class action lawsuit against the industry - RTRS.The industry is opposed to the lawsuit proceeding as a class action, which would enable plaintiffs to join forces as a "class" as opposed to thousands of individual cases - RTRS.Working deep underground for years without proper protection, countless South African miners inhaled silica dust from gold-bearing rocks and later contracted silicosis - RTRS.A disease which causes shortness of breath, a persistent cough and chest pains, it makes people highly susceptible to tuberculosis, which kills - RTRS."If the court certifies the class, the lawsuit will proceed as the largest ever class action law-suit in the coun-try and on the continent," the Legal Resources Centre, a human rights group which has joined the case, said in a statement on Monday - RTRS.Attorney Richard Spoor, whose legal battle against a South African asbestos-mining company led to a $100 million settlement in 2003, told Reuters he had signed up more than 30,000 former miners and their dependants for the lawsuit - RTRS.Another law firm, Abra-hams Kiewitz, has also joined the suit, which targets AngloGold Ashanti, Harmony Gold, Sibanye Gold, Gold Fields, Anglo American, DRDGold, & African Rainbow Minerals - RTRS.  Full Article

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