Harmony calls off underground shifts due to continued load-shedding
Johannesburg, Tuesday, 10 December 2019. Harmony Gold Mining Company Limited (“Harmony” and/or “the Company”) confirms that, in response to a request received from power utility Eskom late yesterday afternoon, it has reduced power consumption at its South African operations to levels required only for the maintenance of emergency services.
In the interest of safety and due to reduced power supply, night shift employees at Harmony’s South African underground operations did not go underground last night and today’s day shift employees, similarly, will stay on surface.
“We will resume shifts as soon as Eskom is able to provide us with the assurance that power supply will be more reliable,” said Peter Steenkamp, chief executive officer of Harmony.
For more details contact:
Marian van der Walt
Executive: Corporate and Investor Relations
+27 (0) 82 888 1242 (mobile)
Max Manoeli
Manager: Investor Relations
+27 (0) 82 759 1775 (mobile)
JSE Sponsor:
J.P. Morgan Equities South Africa Propriety Limited
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 has close to 70 years’ experience in the industry. Company 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, Harmony owns 50% of the significant Wafi-Golpu copper-gold project.
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.