R2 billion debt facility secured
Johannesburg, Wednesday 4 October 2007. Harmony Gold Mining Company Limited (Harmony) is pleased to announce that it has secured a R2 billion debt facility with Nedbank Limited.
The loan was used to settle a short-term loan of R500 million. The majority of the funds will be employed in capital expenditure at the Hidden Valley project in Papua New Guinea.
Graham Briggs, acting chief executive says, “We are delighted to have secured this facility as it will ensure that the Hidden Valley project is completed as previously announced.”
For more details contact:
Graham Briggs
Acting Chief Executive
+27(0)83 265 0274
Amelia Soares
General Manager, Investor Relations
+27(0)82 654 9241
Lizelle du Toit
Investor Relations Officer
+27(0)82 465 1244