David Noko appointed as deputy Harmony chair

South Africa’s third largest gold producer Harmony Gold on Wednesday appointed David Noko as deputy chairperson of the board effective from November 8. Other appointments included that of Cathie Markus as chairperson of the remuneration...

Abbott retires as Harmony Gold executive director

JSE-listed Harmony Gold said on Tuesday that Frank Abbott retired as an executive director at the end of July, but that he will remain on as a nonexecutive director. Abbott continued to serve on Harmony's board as an executive director...

Harmony says former FD to remain on board

South African gold producer Harmony Gold on Thursday stated that its former financial director, Frank Abbott, would continue to serve on its board as an executive director for the next 12 months. Abbott would focus on the strategic planning and...

Real Economy Report

A new rock drill embraces reduced noise levels; Harmony Gold is about to benefit from its suite of gold projects; and, we look at excellence in South African design.

Harmony appoints new financial director, Abbott moves to board

South African-focused miner Harmony Gold has appointed Hannes Meyer as its financial director, effective November 1. Meyer, who is a qualified chartered accountant with more than 13 years experience in the mining industry, succeeded former...

New thinking needed on Eskom electricity tariff – Harmony

South Africa needed to apply its mind to solving the electricity price issue to avoid widespread knock-on effects that would seriously stunt economic growth and spark a new round of wage demands, Harmony Gold CEO Graham Briggs said on Friday. The...

Strong rand weighs as Harmony wins plaudits for first dividend in half decade

While South Africa's third-largest gold miner Harmony Gold won plaudits on Monday for unexpectedly declaring its first dividend in half a decade, its CEO Graham Briggs was quick to point out to Mining Weekly Online that the company would not be...

Harmony interim FD Abbott to retire

South African gold producer Harmony Gold has appointed Hannes Meyer as its financial director, effective from August 1. Meyer’s appointment follows Harmony’s interim financial director Frank Abbott giving notice of his early retirement....

Harmony repays R1,7bn bond, clears final debt hurdle

South African gold major Harmony Gold has cleared its last major debt hurdle, after repaying its R1,7-billion convertible bond, it announced on Tuesday. This was in line with its plans to be debt-free by May. In April, the company’s interim...

Harmony Gold debt free by mid-May when it will have R1,5bn cash on hand

South African gold major Harmony Gold would have wiped its debt slate clean by mid-May, when it would have R1,5-billion in unencumbered cash, Harmony Gold interim financial director Frank Abbott said on Thursday. Abbott told Mining Weekly Online...

Harmony remains ‘gold bullish’, says CEO Briggs

The management of the world's fifth-largest gold producer, Harmony Gold, remained "gold bullish", CEO Graham Briggs said on Friday, noting that he believed there would be further upward movements in the gold price. At a half-year results...

Harmony Gold looks forward to being debt free

South Africa’s Harmony Gold is hankering for the days when it will be free of debt. Harmony CEO foresees that happening by the middle of next year. “We’ll be a different company,” he says, able to contemplate not only further organic...