Go Back Email this Link to a friend

Joint Announcement By Gold Fields Ltd, Harmony Gold Mining Co Ltd And

Release Date: 23/10/2001 17:41:09      Code(s): GFI HAR
African Rainbow Minerals
JOINT ANNOUNCEMENT
For further details contact Bernard Swanepoel
on +27(0)83-303-9922
or Chris Thompson
on +27(11) 644-2527
or Patrice Motsepe
on +27(0)82-560-0930
Tuesday 23 October 2001
Johannesburg, 23 October 2001- In support of the much needed consolidation
process in the Free State region, Gold Fields Ltd. has granted the
ARM/Harmony Joint Venture an exclusive option to negotiate the possible
disposal of the St. Helena and Oryx mines to the ARM/Harmony JV.  Gold
Fields has further indicated that they have had discussion with respect to
providing the partial funding requirements of the JV if required.
Harmony in return has granted Gold Fields Ltd. an exclusive option to
negotiate the acquisition of 19.9% of Harmony's current 22.96 stake in
Goldfields Limited of Australia.  Gold Fields Ltd. also owns some 3,7
million Western Areas shares which may form part of the consideration for
such a transaction.
Ends
Issued by Harmony Gold Mining Company Limited. Contact: Corne Bobbert,
Tel +27 11 412 1450, Fax +27 11 692 3879, Mobile +27 83 380 6614
e-mail: cbobbert@harmony.co.za



                                        
Email this JSE Sens Item to a Friend.

Send e-mail to
© 2019 SHARENET (PTY) Ltd, Cape Town, South Africa
Home     Terms & conditions    Privacy Policy
    Security Notice    Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.