Company announcements Home » Investors » News » Company announcements » Harmony sells Mount Magnet Gold in Australia 2010 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 Harmony sells Mount Magnet Gold in AustraliaJuly 08, 2010Johannesburg. Thursday, 8 July 2010. Harmony Gold Mining Company Limited (Harmony) announces that it has executed a Share Sale Agreement with the Australian-based gold miner Ramelius Resources Limited (Ramelius) for the sale of the Mount Magnet Gold Project (Mount Magnet) for A$40 million cash. The Mount Magnet project, located in Western Australia, was placed on care and maintenance in 2008. The package includes an extensive advanced exploration portfolio and the Checker CIL processing plant. Harmony’s Chief Executive Graham Briggs says, “The sale of Mount Magnet is a continuation of our asset optimisation strategy. We consider this operation as non-core to this strategy and this divestment allows us to focus on growing, developing and operating our portfolio of quality assets in Papua New Guinea.” For more information on Ramelius Resources Limited, visit the company’s website www.rameliusresources.com.au For more details contact: Esha BrijmohanInvestor Relations Officer+27 (0)82 759 1775
