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Harmony Gold Mining Says HY HEPS Increased By 211%
Harmony Gold Mining Says Peter Turner Appointed As Independent Non-Executive Director
Harmony Gold Mining Sees HY HEPS Between 761 And 795 SA Cents
Harmony Gold Mining Company Limited, through its subsidiaries, is engaged in gold mining and related activities, including exploration, extraction and processing. The Company's segments include South Africa Underground, Surface, and International. The South Africa Underground segment includes Kusasalethu, Doornkop, Phakisa, Tshepong, Masimong, Target 1, Bambanani, Joel, Unisel and Target 3. The Surface segment comprises the Company's other surface operations. The Company's International segment comprises Hidden Valley Project. The Company has operations in South Africa and Papua New Guinea (PNG). The Company's principal product is the Gold bullion. The Company's exploration projects include Golpu project and Kili Teke prospect. The Company has approximately nine underground mines, one open pit operation and several surface sources in South Africa. The Company's subsidiaries include Lydenburg Exploration Limited, Tswelopele Beneficiation Operation (TBO) and Harmony Copper Limited.
Gold & Silver
Randfontein Office Park
Car Main Reef Road And Ward Avenue
Patrice T. Motsepe
Non-Executive Non-Independent Chairman of the Board
Peter William Steenkamp
Chief Executive Officer, Executive Director
Modise J. Motloba
Non-Executive Deputy Chairman of the Board
Chief Financial Officer, Treasurer
Finance Director, Executive Director
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South African bullion producer Harmony Gold said on Monday it was on track to meet its annual output guidance due to the inclusion of its newly acquired Mponeng mine and as measures to offset the impact of COVID-19 paid off.
South Africa's mines ministry has given the green light for the sale of AngloGold Ashanti's last remaining assets in the country to Harmony Gold on condition that it does not delist from the Johannesburg stock Exchange.
South African gold miner Harmony Gold on Wednesday said it sees production recovering to pre-coronavirus lockdown levels around the end of August and that it expects a soaring gold price to double its margin.
Harmony Gold raised $200 million after issuing more than 60 million new ordinary shares to partly fund its purchase of rival AngloGold Ashanti's last remaining South African assets, the company said on Thursday.
Harmony Gold Mining Company, one of South Africa's biggest gold miners, said it will start its proposed share sale on Wednesday to raise $200 million to part fund its purchase of a rival company's assets.
Harmony Gold said on Thursday it expected to be back to full production by around the middle of July, after South Africa eased its coronavirus lockdown regulations from June allowing all mines to operate at full production.
* JSE: HAR - HARMONY REPORTS TWO POSITIVE COVID-19 CASES AT KALGOLD
Harmony Gold on Wednesday confirmed that two employees of a contractor at its Kalgold gold mine in South Africa’s North West province have tested positive for the coronavirus.
Harmony Gold Mining Company Ltd said on Wednesday it planned to raise up to $200 million via a share issue to fund part of its purchase of AngloGold Ashanti's last remaining assets in South Africa.
* JSE: HAR - OPERATIONAL UPDATE FOR THE NINE MONTHS ENDED 31 MARCH 2020
South Africa's Harmony Gold said on Monday it will resume operations up to 50% capacity after the government relaxed regulations on miners during the coronavirus lockdown.
* HARMONY GOLD - TO END OF APRIL 2020, OPERATIONS AT OUR UNDERGROUND MINES WILL RESUME AND WILL BE CONDUCTED AT A REDUCED CAPACITY OF NOT MORE THAN 50%
South Africa's competition watchdog said on Friday it had asked the country's Competition Tribunal to approve the proposed acquisition of some of AngloGold Ashanti's assets by Harmony Gold, without any conditions.
* RECOMMEND TRIBUNAL APPROVE DEAL WHERE HARMONY GOLD TO BUY VAAL RIVER MINING, WEST WITS FROM ANGLO GOLD WITHOUT CONDITIONS Further company coverage:
* NATIONAL UNION OF MINEWORKERS (NUM) AND HARMONY GOLD AGREED FOR WORKERS TO GO BACK TO WORK ON 2ND OF MAY 2020 AFTER LOCKDOWN
Harmony Gold Mining Company said on Tuesday it expects limited gold production during the 21-day lockdown in South Africa in the wake of the fast-spreading coronavirus.
Harmony Gold Mining Company said on Tuesday that it expects limited gold production during the 21-day lockdown in South Africa in the wake of the fast-spreading coronavirus.
* HARMONY GOLD - ALL NINE OF COMPANY'S UNDERGROUND MINES IN SOUTH AFRICA HAVE CEASED MINING AND ARE NOW ON CARE AND MAINTENANCE
* JSE: HAR - HARMONY ADOPTS COVID-19 PREVENTION MEASURES ACROSS ALL OPERATIONS
AngloGold Ashanti <ANGJ.J> said on Wednesday it would sell its remaining South African assets for about $300 million to Harmony Gold <HARJ.J>, turning the buyer into the country's largest gold producer.
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