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HARMONY GOLD MINING COMPANY LIMITED - Harmonys production guidance for quarter 3, financial year 2015

Release Date: 21/04/2015 15:10
Code(s): HAR     PDF:  
Wrap Text
Harmony’s production guidance for quarter 3, financial year 2015

Harmony Gold Mining Company Limited
Registration number 1950/038232/06
Incorporated in the Republic of South Africa
ISIN: ZAE000015228
JSE share code: HAR
(“Harmony” or “the Company”)



Harmony’s production guidance for quarter 3, financial year 2015

Harmony Gold Mining Company Limited (“Harmony”) announces that it
continues to restructure its operations for long term profitability.
The restructuring at Kusasalethu was completed and the full cost saving
will be realised in the June quarter. Production at the mine is ramping
up to planned levels.

Overall, slow start-ups post the December holidays and safety stoppages
resulted in group production being 10% lower quarter on quarter.
Operating and capital costs are expected to have reduced by a similar
percentage compared to the previous quarter.   Underground grade
remained consistent.

Harmony’s results for the third quarter of financial year 2015 ended 31
March 2014 will be released on Friday, 8 May 2015 in Johannesburg via
webcast and conference call only.   Please refer to our website
www.harmony.co.za for the dial-in details.




For more details contact:

Marian van der Walt
Executive: Corporate and Investor Relations
+27 (0) 82 888 1242 (mobile)




21 April 2015

Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited

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