JOHANNESBURG (miningweekly.com) - JSE-listed Harmony Gold Mining's shareholders have given a 99.6% approval of the miner's plans to acquire mining operations and related infrastructure from AngloGold Ashanti.
The $300-million deal will include the Moab Khotsong mine, one of the newest South African deep-level mines, with life-of-mine grade forecast at 8.2 g/t, taking the average Harmony grade across its nine underground mines and one opencast mine to 5.7 g/t.
The acquisition also includes the Great Noligwa deposit, located on the Far West Rand, south-west of Johannesburg.