Harmony - Seismic Event Impacts On Evander No. 8 Shaft Production Release Date: 15/07/2002 17:16:00 Code(s): HAR
Harmony - Seismic Event Impacts On Evander No. 8 Shaft Production
Harmony Gold Mining Co. Ltd.
Johannesburg, 15 July 2002 - Harmony today announced that production at
its No. 8 Shaft in Evander will be affected for twelve weeks by the
severe seismic event that occurred on Friday July 12th 2002.
The sub-vertical rock winder on 11 Level bore the brunt of the event.
This will result in the shaft being unable to achieve its planned
production levels of 40 000 ozs per quarter.
Production levels of 15 000 ozs are planned for the 12 weeks during
which repairs to infrastructure will occur. Some employees will be re-
deployed to development sections, targeting mainly higher grade areas
which will be mined when production
"We are extremely relieved that our employees were safely rescued from
the mine. Our safety designs for these unforeseen events worked well.
The impact of the event on our production will fortunately be of a short
term nature and we expect the shaft to be back to its operational best
within 3 months," commented Bernard Swanepoel, chief executive.
Harmony is currently the 3rd largest gold producer in South Africa,
producing some 3.2 million ounces per annum.
For further details contact:
on +27(0)83 303 9922
on +27(0)82 807 3684
Issued by Harmony Gold Mining Company Limited
Tel +27 11 684 0146
Fax +27 11 684 0188 Mobile +27(0)83 380 6614
ISIN No.: ZAE000015228
JSE : HAR
NASDAQ : HGMCY
Date: 15/07/2002 05:15:00 PM Supplied by www.sharenet.co.za
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