Harmony’s gold output shoots up by a third
The miner keeps its full-year production target intact but warns of rising costs on higher electricity tariffs
02 May 2019 - 14:11
Harmony Gold showed a nearly one-third jump in gold output in the first nine months of its 2019 financial year as the full impact of its new Hidden Valley and Moab Khotsong mines was realised. Harmony bought the Moab mine in Gauteng from AngloGold Ashanti for $300m in March 2018. The mine is now the single largest source of gold for Harmony, which has mines and projects in SA and Papua New Guinea.
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