33 000 Harmony employees to benefit from share ownership plan

About 33 000 workers will participate in gold-mining company Harmony Gold’s share ownership plan (Esop), in terms of which 4 288-million ordinary and 8 576-million share appreciation rights have been offered to the workforce.

Harmony halts Kusasalethu ops after two deaths

Operations at JSE-listed Harmony Gold's Kusasalethu gold mine, near Carletonville, have been halted after the death of two workers, spokesperson Marian van der Walt said on Tuesday. Although details surrounding the incident were still sketchy, it...

Doornkop mine, South Africa

An underground mine situated on the Witwatersrand basin.

Joel mine, South Africa

An underground mine, situated in the Free State.

Harmony resumes operations at Evander

South African gold miner Harmony Gold on Wednesday restarted operations at its Evander mine in Mpumalanga. Harmony Gold spokesperson Marian van der Walt confirmed that operations had been resumed, except for the area where an accident resulted in...

Kusasalethu gold project (formerly Elandsrand), South Africa

Work on the project is focused on accessing and opening up areas of the new mine, as well as the development and construction of the necessary support infrastructure.

Harmony to offer strategic guidance on Wednesday

Gold miner Harmony, whose stock has been under pressure since it released worse-than-anticipated results earlier this month, would release a statement on its future strategic plans on Wednesday. Spokesperson Marian van der Walt told Mining Weekly...

Harmony Gold reaches settlement in US class action suit

South African miner Harmony Gold said on Monday it had reached a “mutually acceptable settlement” with the lead plaintiff in the class action filed against it in the US in 2008. The action was instituted on the basis of alleged losses suffered...

Harmony Gold: still unclear when Masimong to reopen

Harmony Gold said on Tuesday it still did not know when its closed Masimong mine in South Afica would resume operations. "The shaft is still closed. We do not know when it will be re-opened as yet," spokeswoman Marian van der Walt said.

Harmony says bond could help fund Wafi-Golpu

Harmony Gold said on Thursday that a bond issue was one option to fund development of its promising Wafi-Golpu prospect in Papua New Guinea. It also cautioned that while initial indications show the cost of the development, which it shares with...

Harmony Gold shares surge on analysts takeover comment

South African gold-miner Harmony Gold may become a takeover target on the back of the outstanding exploration results seen at the Wafi-Golpu deposit in Papua New Guinea (PNG), RBC Capital Markets said in a report on Thursday. Analysts Leon...

Harmony still in talks with Canadian namesake

Johannesburg-based Harmony Gold Mining is still in discussions with a Vancouver-based junior company which renamed itself Harmony Gold Corp in August 2009. "There certainly has been some confusion regarding the two companies with the same name,...