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The International Cyanide Management Institute (ICMI) announced today that Harmony Gold Mining Company’s Kusasalethu Gold Plant, located in the North West Province of South Africa, has been certified as compliant with the International Cyanide Management Code (Code).
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Harmony Gold, which has cut its 2012 production target by 200000oz, has scrapped plans to separately list its Evander assets as it pushes ahead on the Wafi- Golpu project in Papua New Guinea.
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Harmony Gold out with fourth quarter numbers this morning and like the other miners to report back, production improved over the three months. The group reported a 49% rise in cash operating profit for the quarter, while its headline loss per share improved from 24c to 6c. Joining us to chat about the results and the prospects for the gold sector are Graham Briggs, CEO of Harmony Gold, and Chris Hart, chief strategist at Investment Solutions.
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JSE-listed gold major Harmony has given guidance that it will produce 1,7-million ounces of gold in its 2011 financial year as its suite of new gold projects ramp up - and sprung a surprise that the life of Joel gold mine may double.
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Exceptional numbers, with cash operating profit up 49%
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Harmony Gold has dropped plans to spin off its Evander Mines division through a separate listing on the Johannesburg Stock Exchange.
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The 1 400-employee Merriespruit 1 is the only remaining gold shaft within Harmony Gold's virtually completed restructuring programme that may yet be closed, Harmony Gold CEO Graham Briggs tells Mining Weekly Online in a video interview.
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Harmony, South Africa's third largest gold producer, yesterday posted a loss for its third quarter to March.
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HARMONY Gold, the world’s fifth- largest gold miner, moved back into the red again in the third quarter to March as a result of lower production and higher costs.
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Some shafts closed, but excellent exploration results from Papua New Guinea.
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Harmony Gold Mining has reported a headline loss per share of 32c for the March quarter due to a fall in production and higher costs. That was down from a profit of 49c in the December quarter. Joining me for more is Graham Briggs, CEO of Harmony.
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JSE-listed Harmony Gold is considering a separate listing in order to fund the development of the company's Evander gold assets, Harmony Gold CEO Graham Briggs tells Mining Weekly Online.
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HARMONY’S Wafi/Golpu project in Papua New Guinea (PNG) is a “major company maker”. That’s according to CEO Graham Briggs , who was speaking at the group’s March quarter presentation in Johannesburg.
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HARMONY may spin its Evander mines out through a separate listing, as part of the further restructuring of the group.
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Harmony Gold CEO Graham Briggs talks to Mining Weekly Online’s Martin Creamer about the imminent resumption of underground mining at Pamodzi Free State’s President Steyn gold mine.
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The turn around at Harmony Gold is continuing, the world's fifth largest gold producer says.
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Summit TV speaks to Graham Briggs chief executive of Harmony about their financial results.
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CNBC Africa Power Lunch with Graham Briggs and analyst Stephen Gunnion.
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Harmony Gold Mines, South Africa's third largest gold producer, on Monday said it was not blind to 'rumbles' out of South Africa that threatens the attainment of objectives "particularly the outrageous power price increases and that old chestnut, nationalisation of the mines."
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Classic FM chats to Graham Briggs, CEO of Harmony Gold.
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Harmony Gold Mining Company Limited has reported a 44% increase in cash operating profit to R800 million for the quarter ended 31 December 2009.
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Harmony reports it’s posted a 45% increase in cash operating profit to R800 million while operating costs have decreased by 1%.
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Hilton Tarrant interviews Hannes Meyer on Harmony’s latest financial results.
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