Harmony Gold to write down $130 million on mothballed mine expansion

[caption id="attachment_794532" align="aligncenter" width="600"] Ice cooling system at Harmony’s Phakisa gold mine. (Image from archives)  [/caption] Harmony Gold (NYSE:HMY) (JSE:HAR), South Africa’s third-largest producer of the precious metal, said Friday it will write down US$ $130.5 million (1.4 billion rand)...

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now