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Harmony – Rand Refinery

Shareholders are referred to today’s announcement by Rand Refinery (refer, regarding a loan facility extended to it by certain of its shareholders, as a precautionary measure. This follows challenges encountered in the implementation of a new Enterprise Resource planning system at the refinery. Harmony Gold Mining Company Limited (“Harmony”) confirms its participation in the loan facility.

Harmony owns a 10.38% stake in the Rand Refinery and accounts for it on the equity accounting method as an associate. Harmony expects to make a R125 million provision against its investment in Rand Refinery, which will impact fourth quarter results scheduled for release on Thursday, 14 August 2014. Please refer to our website,

For more details contact:

Henrika Ninham
Investor Relations Manager
+27 (0) 82 759 1775 (mobile)

Marian van der Walt
Executive: Corporate and Investor Relations
+27 (0) 82 888 1242 (mobile)

Annual report

Integrated annual report 2016
Integrated annual report 2017


Investor brief

Harmony Investor brief, Sep 2017
September 2017 -
Harmony Investor brief

(PDF - 6.5MB)

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