https://www.miningweekly.com

Harmony on track to meet FY production guidance, betters H1 production

Harmony on track to meet FY production guidance, betters H1 production

Photo by Duane Daws

16th January 2018

By: Mia Breytenbach

Creamer Media Deputy Editor: Features

     

Font size: - +

JOHANNESBURG (miningweekly.com) – JSE-listed Harmony Gold is on track to meet its yearly production guidance of 1.1-million ounces after producing more than 550 000 oz in the six months ended December 31, the mining major announced on Tuesday.

Gold production from the group’s South African operations for the period will be 9% to 11% higher than the previous six-month period, which ended on June 30.

Gold production for the group increased by between 3% and 5% in the six months ended December 31, compared with the six months ended June 30.

Meanwhile, as reported in November last year, the processing infrastructure upgrade at Hidden Valley was completed and processing of ore started two weeks ahead of schedule.

The Hidden Valley mine, in Papua New Guinea, is well on track to deliver as guided in the 2018 financial year.

Harmony’s interim results for the half-year will be released on February 13.

Edited by Samantha Herbst
Creamer Media Deputy Editor

Comments

Showroom

SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)
SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)

Education: Consulting with member companies to obtain the optimal benefits from their B-BBEE spending, skills resources as well as B-BBEE points

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024
Resources Watch
Resources Watch
27th March 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.11 0.143s - 90pq - 2rq
Subscribe Now