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Harmony Gold Mining Company Ltd (HMY.N)

HMY.N on New York Stock Exchange

1.95USD
25 Sep 2017
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Latest Key Developments (Source: Significant Developments)

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

Harmony Gold Mining Company Ltd - South Africa's AMCU union votes to strike in gold sector - Reuters
Saturday, 10 Oct 2015 08:00pm EDT 

Harmony Gold Mining Company Ltd:South Africa's Association of Mineworkers and Construction Union (AMCU) voted on Sunday to strike at the operations of AngloGold Ashanti, Harmony Gold and Sibanye Gold - Reuters."The whole gold sector has voted for a strike," AMCU President Joseph Mathunjwa said after a crowd of about 5,000 miners voted by a show of hands - Reuters.AMCU, which lead a bruising five-month strike last year in the platinum sector, is known for its uncompromising stance, and has not backed down from its original demand for a more than doubling of basic wages to 12,500 rand a month - Reuters.The vote will not lead to an immediate stoppage - Reuters.Only at Sibanye does the AMCU have a clear path to a strike that would not be deemed wildcat - Reuters.The Chamber of Mines has said Harmony and AngloGold will go to court to prevent AMCU from striking because they have signed wage deals with three other unions representing most of their workers - Reuters.The industry says this means they can apply the same agreement to the rest of their workforce. This happened two years ago in the gold sector, when AMCU was forced to accept agreements signed by other unions - Reuters.  Full Article

Bodies of last missing miners recovered from Harmony mine in South Africa

JOHANNESBURG The bodies of the last two miners unaccounted for at a mine operated by South Africa's Harmony Gold were recovered on Thursday, the company said, bringing the death toll to five after a tremor shook the shafts last week.