Harmony is positioned to measure, measure up and deliver against its stated strategy
Johannesburg. Wednesday, 29 August 2012. Harmony Gold Mining Company Limited (“Harmony” or the “Company”) has positioned itself as a global gold mining company – growing gold production, reserves and profits. Results for the 12 months to 30 June 2012, released on the 16th of August 2012, have proven that Harmony is managing change and increasingly doing so proactively against a clear strategy. The Company has achieved safety milestones, developed exploration projects, diversified geographically, paid dividends and funded its own capital growth.
In Papua New Guinea, the pre-feasibility study on Golpu was completed, confirming that this is a world-class deposit with the potential to be more than one mine. Details of the pre-feasibility study results are attached to this press release as an annexure, marked “Annexure A”.
“The Golpu project has the potential to change the company materially and we are very pleased with the pre-feasibility study results. Both in South Africa, as well as in Papua New Guinea, Harmony is geared and committed to measure, measure up and deliver value on its applied strategy for all shareholders and stakeholders”, said chief executive officer, Graham Briggs.
Harmony will be providing an update to the market (by means of two conference calls and a live presentation) today on the company’s strategy, its operations, exploration and the results of the Golpu pre-feasibility study. The presentations, webcast and dial-in details, as well as the press release on Harmony’s Resources and Reserves (which is released simultaneously with this announcement), will be available on the company’s website at www.harmony.co.za.
For more details contact:
Henrika Basterfield
Investor Relations Manager
+27 (0) 82 759 1775 (mobile)
Marian van der Walt
Executive: Corporate and Investor Relations
+27 (0) 82 888 1242 (mobile)