Annual report

Annual report 2007
(PDF - 11.5MB)

Annual financial statements

(PDF - 516KB)

Notice of meeting

Notice of meeting
(PDF - 153KB)

Sustainable development report

Sustainable development report 2007
(PDF - 2.1MB)


Corporate profile
(PDF - 206KB)

Home > Corporate profile

Harmony is the world's fifth largest gold producer, operating 22 individual mines and projects in three countries, South Africa, Australia and Papua New Guinea (PNG). In FY07 Harmony generated a turnover of R9 billion and produced 2.3Moz of gold, primarily from its operations in South Africa.

The group’s R547 billion capital growth campaign in South Africa and PNG on the development of five large-scale projects will combined, exploit 19.3 million life-of-mine ounces.

Our South African operations are managed in three categories:

In addition, there are a number of surface operations, including Kalgold, and the Phoenix project.

In FY07, Harmony’s assets in Australia were the South Kal and Mt Magnet operations.

Harmony announced the sale of South Kal in 31 July 2007. Current projects in PNG are Hidden Valley and Wafi-Golpu.

Harmony’s global exploration programme continued to gain impetus with activities focused on southern Africa, South East Asia and PNG.

Share price information
JSE [HAR]12-month highR121.26
 12-month lowR89.57
NYSE and Nasdaq [HMY]12-month highUS$17.02
 12-month lowUS$12.09
Free float 100%
ADR 1:1

South Africa operations map
Australian operations map
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Key statistics

Headline earnings
43 SA cps

Cash earnings up by

R547 million
–attributable capital expenditure on growth projects

R341 million
net profit – first net profit in three years

Development up by

R194 million
on exploration in FY07

added to reserves as a result of pre-feasibility studies at Harmony’s Evander South Project as well as Golpu in PNG.

–Harmony’s current gold ore reserves

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