Company announcements Home » Investors » News » Company announcements » Harmony to recommence Wafi-Golpu permitting discussions 2020 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 Harmony to recommence Wafi-Golpu permitting discussionsFebruary 11, 2020Johannesburg, Tuesday, 11 February 2020. Harmony Gold Mining Company Limited (“Harmony” and/or “the Company”) is pleased to announce that it will recommence discussions with the Papua New Guinea government on the Special Mining Lease for the Wafi-Golpu Project. The resumption of the discussions comes a year after support for the Memorandum of Understanding (“MOU”), signed between the state and the Wafi-Golpu Joint Venture (“WGJV”) on 11 December 2018, was withdrawn. The WGJV, an unincorporated joint venture between subsidiaries of Harmony and Newcrest Limited, today received notification from Papua New Guinea’s Minister for Mining that the judicial review proceeding brought by the Governor of Morobe Province was dismissed by the National Court. “The WGJV is well placed to resume discussions with the PNG Government, given the constructive progress already made on the various agreements required for completion,” said Harmony CEO Peter Steenkamp. “We believe Wafi-Golpu is a game changer for Harmony – both in terms of replacing our ounces and increasing margins,” Steenkamp said. For more details contact: Marian van der Walt Executive: Corporate and Investor Relations +27 (0) 82 888 1242 (mobile) Max Manoeli EManager: Investor Relations +27 (0) 82 759 1775 (mobile) JSE Sponsor: J.P. Morgan Equities South Africa Propriety Limited Harmony Gold Mining Company Limited (Harmony), a world-class gold mining and exploration company, has operations and assets in South Africa and Papua New Guinea (PNG). Harmony has close to 70 years’ experience in the industry. Company assets include one open pit mine and several exploration tenements in PNG, as well as 9 underground mines and 1 open pit operation and several surface sources in South Africa. In addition, Harmony owns 50% of the significant Wafi-Golpu copper-gold project – a tier 1 asset – in a joint venture in PNG. The company’s primary stock exchange listing is on the JSE with a secondary listing on the New York Stock Exchange. The bulk of our shareholders are in South Africa and the United States. Additional information on the company is available on the corporate website, www.harmony.co.za.
