Harmony and Dioro meet conditions
Johannesburg, Tuesday 4 December 2007. Harmony Gold Mining Company Limited (Harmony) is pleased to announce that on Friday, 30 November 2007, Harmony and Australian gold company Dioro Exploration NL (Dioro) satisfied all the conditions required to settle the South Kal Sale agreement.
On 30 July 2007, Harmony signed an agreement with Dioro for the sale to all rights, title and interest of the South Kal Mine operations located near Kalgoorlie, Western Australia.
Consideration for the acquisition of the South Kal project is about A$45 million. Harmony will receive A$25 million cash and 11.43 million Dioro shares for a deemed value of A$20 million.
For more details contact:
Graham Briggs
Acting Chief Executive
+27(0)11 411 2023
Amelia Soares
General Manager, Investor Relations
+27 11 411 2314 or
+27(0)82 465 1244