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Tshepong

Our business

Our business

Harmony operates in South Africa and in Papua New Guinea. The company has nine underground mines, one open-pit mine and several surface operations in South Africa and in Papua New Guinea, it has a 50% interest in the Morobe Mining Joint Ventures, which includes Hidden Valley, an open-pit gold and silver mine, the Golpu project, and extensive exploration tenements. Outside the joint venture, Harmony’s own exploration portfolio focuses principally on highly prospective areas in Papua New Guinea.

In FY15, our South African operations accounted for 91% of total production of 1.08Moz, with 9% coming from Papua New Guinea. At 30 June 2015, Harmony reported attributable gold equivalent mineral reserves of 42.6Moz of gold, and attributable gold mineral resources of 110.3Moz. At the end of FY15, Harmony employed 31 114 people in total – 26 000 employees and 5 012 contractors in South Africa and 75 employees and 27 contractors in Papua New Guinea (excluding employees of the Morobe Mining Joint Ventures). Our employees are drawn from communities around our operations, and from other provinces in South Africa and other southern African countries.

Operations map

Our awards

In FY15, Harmony was once again admitted to the Johannesburg Stock Exchange’s Socially Responsible Investment Index, as we have been since inception of that index.

Our Integrated Annual Report FY14 received a merit award from the Chartered Secretaries in the small capitalisation category and also received the African Gold Quill Award from the International Association of Business Communicators for excellence in the communication skills category. The award acknowledged our move away from printed to web-based reporting, an initiative aimed at making our reports more easily accessible to all stakeholders, decreasing our corporate costs and reducing the amount of paper consumed in the printing process.

At the 2015 MINESAFE awards, Harmony’s operations won five safety awards in the gold sector category:

  • Bambanani mine – first place for best year on year improvement for the total injury frequency rate
  • Target 1 mine – first place for ‘best in class’ for the total injury frequency rate
  • Tshepong mine – third place for year on year improvement for the total injury frequency rate
  • Joel mine – third place for ‘best in class’ for the total injury frequency rate
  • Tshepong mine – fourth place for ‘best in class’ for the total injury frequency rate

The Kusasalethu proto captains received the MINESAFE proto award for rescuing 442 people from underground in the aftermath of the fire at the mine in February 2015.

Our Merriespruit 3 housing project was first runner up for the Govan Mbeki award in 2015. Our Masimong housing development was declared the winner both in the Govan Mbeki National Award for best housing development project in 2013 and in the Govan Mbeki National Award for the best community residential units project in 2014.

These awards all speak to our on-going commitment to building a sustainable business and we are proud to have been recognised.

Recent news

Harmony is a dynamic and ever-changing company and our story is continuously evolving. Visit the news and events section of this website to get the latest instalments to the Harmony story. Read more

Annual report

Integrated annual report 2015
Integrated annual report 2015

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