Harmony Gold Mining News

Gold street is where South Africa’s mining history goes to die

Additional cuts are to come across mines and towns in South Africa, once the world’s biggest producer of gold.

South Africa's Harmony raises $82 mln via share sale

The South African company, which competes with AngloGold , Gold Fields and Sibanye-Stillwater at home, sold 55 million new shares, or 15 percent stake, at 19.12 rand each, an 11.7 percent discount to the closing price on Tuesday.

South Africa's Harmony Gold says to sell up to $99 mln of new shares

The proceeds will be used to used to pay down part of Harmony Gold's outstanding $150 million bridge loan for the Moab Khotsong mine.

S. Africa gold miners, workers reach settlement in historic silicosis case

The parties said they believed an out-of-court settlement was far preferable for all concerned than an inevitably lengthy and expensive litigation process .

S.Africa gold miners to sign silicosis lawsuit settlement this week

Most claimants are black miners from South Africa and neighbouring countries such as Lesotho, whom critics say were not provided with adequate protection during and even after the Apartheid ended in 1994.

Harmony Gold says $519,000 of metal stolen from S. African mine

Thieves broke into Harmony Gold Mining Co.’s Kalgold mine Tuesday morning and stole 12 kilograms (386 ounces) of the precious metal.

Newcrest, Harmony joint venture in PNG to cost an extra $1bn upfront

But according to the updated feasibility study total capital expenditure for the life of Wafi-Golpu mine will fall by about the same amount to $5.5 billion.

S.Africa gold miners' silicosis lawsuit settlement expected within six weeks

The suit was launched around six years ago on behalf of miners suffering from silicosis, contracted by inhaling silica dust in gold mines.

Harmony Gold says Moab Khotsong mine purchase to boost cash flows

The $300 million deal, which incorporates the Great Noligwa underground mine and related infrastructure, is expected to boost Harmony's operational cash flow by 60%.

Miner dies at Harmony Gold Tshepong mine

Company currently working on recovering the body.

South African gold miners' silicosis lawsuit nearing settlement

Lawyers acting for thousands of gold miners who contracted lung diseases at work in SA mines say an out-of-court settlement could be reached by December.

Strike shuts down Harmony's Kusasalethu gold mine

Starting on Friday, workers did not go work in protest for the firing of six leaders of the Association of Mineworkers and Construction Union.

AngloGold cash flow, output jump in third quarter

South African gold miner said it’s on track to meet 2017 guidance.

Anglogold Ashanti to raise $307 million with South African mine sales

It will sell its newest mine to Harmony Gold for $300 million and another mine for 100 million rand ($7.4 million) to China's Heaven-Sent SA Sunshine Investment Company.

Bodies of last missing miners recovered from Harmony mine in South Africa

Death toll has risen to five after a tremor rocked the firm's Kusasalethu mine last week.

Third trapped miner dies at Harmony Gold South Africa mine

Two more remain missing after they were trapped underground following an earth tremor last week.

Tremor kills 2 at Harmony Gold mine

Two miners have been killed in an underground mine collapse in South Africa caused by an earth tremor.

Five miners trapped after earth tremor at S.Africa's Harmony gold mine

Rescue teams have been working to find the workers since the incident occurred at about 10.30 a.m. local time at its Kusasalethu mine near Cartonville, west of commercial hub Johannesburg.

S.Africa’s Harmony Gold eyes acquisitions after FY earnings rise

South African miner Harmony Gold reported a 35 percent rise in full-year profit on Thursday and said it will look at growth, exploration and acquisitions to meet its 2019 production targets.

The world's 10 largest copper mining projects

INTERACTIVE MAP: Together reserves at the global top 10 copper mining projects are worth more than $360 billion.

Strike ends at Harmony Gold’s Kusasalethu mine

Company to launch probe into the causes of the illegal sit-in of nearly 48 hours.

Harmony logs record quarterly revenue, halves debt

The world's fifth largest gold miner increased production, had stronger cash flows and paid shareholders a dividend in the first quarter of its 2017 financial year.

Harmony Gold bullish on cash flows as it reports increased output in Q3

After losing money for three years to 2015, Harmony is now focused on finding mines able to offset falling production at its South African operations.

South African gold miners can appeal silicosis ruling

They will appeal verdict that paved the way for about half a million current and former miners to proceed with a multi-million-dollar suit, which seeks compensation for those who contracted lung diseases.

Harmony buys out Newcrest stake in Hidden Valley gold mine

Harmony Gold has been looking for new assets to meet its goal of increasing production to 1.5 million ounces over the next three years.