Resignation of directors
The board of Harmony Gold Mining Company Limited (NYSE: HMY JSE: HAR) wishes to announce the resignation of two of its directors today. In both cases the individuals, Ferdi Dippenaar and Rick Menell, will pursue their future careers as chief executive officers of junior mining companies.
Ferdi joined Harmony in 1998 and served the company in many roles, most recently as Marketing Director. Under his leadership Harmony won numerous awards for investor relations, established its own commercial gold refinery and actively supported jewellery training and manufacturing. Ferdi leaves Harmony at the end of December 2005 to take up the position of CEO of Great Basin Gold, a junior Toronto listed gold exploration and mining company.
On the announcement of Ferdi’s resignation Harmony’s CEO, Bernard Swanepoel said: “As sad as it is to lose one of our best, we are proud of Ferdi and know that he will make a great success of his new challenge. We pride ourselves in Harmony on our people and Ferdi is truly export quality. He moves on with the best wishes of the board and all of his friends at Harmony.”
During the last few months Ferdi handed over Investor Relations to Philip Kotze and as such no new appointment needs to be made due to his departure.
Rick Menell steps down from Harmony’s board as a non-executive director in order to spend most of his time on his new role as CEO of TEAL, a junior Toronto listed exploration company. Rick joined Harmony’s board in 2004 with Harmony’s acquisition of Avgold. He was elected deputy chairman and served in that role until his resignation.
Patrice Motsepe commented; “On behalf of the board, I wish to thank Rick for his loyal support as my deputy and we all wish him well for the future.”
For more details contact:
Bernard Swanepoel
Chief Executive
+27(0)83 303 9922
Ferdi Dippenaar
Marketing Director
+27(0)82 807 3684
Philip Kotze
Executive, Investor Relations
+27(0)83 453 0544
Vusi Magadana
Investor Relations Officer
Office: +27 11 684 0149
Mobile: +27(0)72 157 5986
vusi.magandan@harmony.co.za