HARMONY GOLD MINING COMPANY LIMITED - Hidden Valley mine and Wafi-Golpu project update

Release Date: 26/07/2018 09:01
Code(s): HAR
 
Wrap Text
Hidden Valley mine and Wafi-Golpu project update

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”)

HIDDEN VALLEY MINE AND WAFI-GOLPU PROJECT UPDATE

Johannesburg, Thursday, 26 July 2018. Harmony Gold Mining Company Limited
(“Harmony” and/or “the Company”) is pleased to advise that Harmony’s Hidden
Valley operation reached commercial levels of production in the month of June
2018.

“The investment in the stage 5 and 6 cutback was delivered safely, on schedule
and below budget and we are confident that Hidden Valley will produce more than
180 000oz in FY19” said Peter Steenkamp, chief executive officer of Harmony.

Engagement with the Papua New Guinea government on the application for a special
mining lease (SML) for the Wafi-Golpu project is progressing well.

On 25 June 2018, the Wafi-Golpu Joint Venture (WGJV) submitted an Environmental
Impact Statement (EIS) for the Wafi-Golpu Project to the relevant Papua New
Guinean regulatory authority, Conservation and Environment Protection Agency
(CEPA).

The EIS has been prepared as the statutory basis for the environmental, social
and cultural heritage assessment of the Wafi-Golpu Project under the Environment
Act 2000 and will inform a decision by the Papua New Guinea Government whether
to grant an Environment Permit and, if so, under what conditions.

With the permission of CEPA, the EIS has been made available by WGJV on its
website at http://www.wafigolpujv.com.

Harmony’s FY18 results will be released on 21 August 2018.

Ends.

For more details contact:

Lauren Fourie
Investor Relations Manager
+27(0)71 607 1498 (mobile)


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

Johannesburg, South Africa

26 July 2018

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

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