Harmony achieves fatality-free quarter, exceeds yearly production guidance

13th July 2017 By: Mia Breytenbach - Creamer Media Deputy Editor: Features

Harmony achieves fatality-free quarter, exceeds yearly production guidance

JOHANNESBURG (miningweekly.com) – JSE-listed Harmony Gold’s South Africa and Papua New Guinea operations achieved a milestone fatality-free quarter in the June 2017 quarter. 

Moreover, gold production for the financial year ending June 30 is estimated to be 1.09-million ounces, which exceeds the company’s production guidance of 1.05-million ounces.

Underground recovered grade increased for a fifth consecutive year to 5.07 g/t. 

“We will continue to focus on increasing cash margins through safe, predictable and profitable production,” noted CEO Peter Steenkamp on Thursday.