Company announcements Home » Investors » News » Company announcements » Operational excellence delivers increase in gold production 2017 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 Operational excellence delivers increase in gold productionOctober 12, 2017Johannesburg, Thursday, 12 October 2017. Harmony Gold Mining Company Limited (“Harmony” and/or “the Company”) is pleased to advise that gold production from its South African underground operations will be 12% to 14% higher quarter on quarter, due to an increase in both volumes and recovered grade. Gold production is 6% to 8% higher than the corresponding quarter in the previous financial year. The planned waste stripping of cutbacks 5 and 6 at Hidden Valley is ahead of schedule and will be completed towards the end of November 2017. Despite the impact on Hidden Valley’s gold production, Harmony’s total gold production increased by 3% to 5% quarter on quarter and the corresponding quarter year on year. Chief executive officer, Peter Steenkamp, commented: “Focus on safety, operational excellence at our South African operations and delivery at Hidden Valley in the second half of FY18 will ensure that we remain on track to meet our production guidance”. Harmony’s production results for the first quarter FY18 ended 30 September 2017 will be released on Tuesday, 7 November 2017. For more details contact: Lauren Fourie Investor Relations Manager +27 (0) 71 607 1498 (mobile) Marian van der Walt Executive: Corporate and Investor Relations +27 (0) 82 888 1242 (mobile) Harmony Gold Mining Company Limited (Harmony), a world-class gold mining and exploration company, has operations and assets in South Africa and Papua New Guinea (PNG). Harmony, which has more than 60 years’ experience in the industry, is the third largest gold producer in South Africa. Our assets include one open pit mine and several exploration tenements in PNG, as well as 9 underground mines and 1 open pit operation and several surface sources in South Africa. In addition, we own 50% of the significant Golpu project in a joint venture in PNG. The company’s primary stock exchange listing is on the JSE with a secondary listing on the New York Stock Exchange. The bulk of our shareholders are in South Africa and the United States. Additional information on the company is available on the corporate website, www.harmony.co.za.
