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HARMONY GOLD MINING COMPANY LIMITED - HARMONY"S EVANDER AND RANDFONTEIN

Release Date: 26/10/2004 07:43:03      Code(s): HAR
HARMONY GOLD MINING COMPANY LIMITED - HARMONY"S EVANDER AND RANDFONTEIN         
OPERATIONS GRANTED FIRST `NEW" ORDER" MINING RIGHTS                             
Harmony Gold Mining Company Limited                                             
(Incorporated in the Republic of South Africa)                                  
(Registration number 1950/038232/06)                                            
Share code: HAR ISIN: ZAE000015228                                              
("Harmony")                                                                     
HARMONY"S EVANDER AND RANDFONTEIN OPERATIONS GRANTED FIRST `NEW" ORDER" MINING  
RIGHTS                                                                          
Johannesburg, Monday 25 October 2004 - Harmony Gold Mining Company Limited      
(NYSE: HMY JSE: HAR) today announced that it received the first approvals for   
the conversion from `old order" to `new order" mining rights for its Evander and
Randfontein Operations.                                                         
The Evander application was lodged with the Mpumalanga Department of Minerals   
and Energy on 21 May 2004 and covers all the Evander operating shafts as well as
the Poplar and Rolspruit Projects. The Evander mining license was the first     
conversion application in the region and the first license in the gold mining   
industry to be granted in South Africa. The second application was for          
Randfontein (including the Doornkop Joint Venture and Elandskraal) and was the  
first application approved by the Gauteng Department of Minerals and Energy.    
"It has been a long and rigorous process leading to the granting of Harmony"s   
first licences. It has required a lot of hard work and months of consulting with
the Department of Minerals and Energy and other stakeholders at a regional and  
national level. The process also required a high level of detail and accuracy   
the social aspects of which are to be taken very seriously but we are extremely 
pleased with the outcome," commented Bernard Swanepoel, Chief Executive.        
"Harmony has been working on its programme of licensing for the past 18 months. 
This process involved the compilation of a mineral assets register and the      
identification of all its economical mineral and mining rights. The company     
first secured all `old order" mining rights and validated existing mining       
authorizations during 2003. Our strategy has been one of securing all strategic 
mining rights on a region-by region basis," said Bernard.                       
The mining license conversion process was facilitated by Khusela Women          
Investment. Khusela is a BEE company, the members of which were all formerly    
employed by Harmony.                                                            
"The granting of the licences will go a long way in dealing with unfounded      
concerns of local and international investors on the security of mining rights  
held by our company. South Africa, still the largest gold producer in the world,
provides excellent investment opportunities and we are happy to operate mines in
the country to the benefit of all our stakeholders," concluded Bernard.         
More information on mineral rights ownership                                    
On 1 May 2004, the South African Parliament promulgated the Mineral and         
Petroleum Resources Development Act. Under the Act, tenure licenses over        
established operations will be secure for 30 years (and renewable for 30 years  
thereafter), provided that mining companies obtain new licenses over existing   
operations within five years of date of enactment of the Act and fulfill        
requirements specified in the Broad-Based Socio-Economic Empowerment Charter for
the South African mining industry, or the Mining Charter.                       
ENDS                                                                            
Issued by Harmony Gold Mining Company Limited                                   
25 October 2004                                                                 
For more details contact:                                                       
Bernard Swanepoel            or            Ferdi Dippenaar                      
Chief Executive                                  Marketing Director             
on +27(0)83 303 9922                        on +27(0)82 807 3684                
Khusela                                                                         
Khosi Ndlovu                                                                    
on +27(0)381 9468                                                               
Investor Relations Officer                                                      
Corne Bobbert                                                                   
Tel +27 11 684 0146                                                             
Mobile +27(0)83 380 6614                                                        
cbobbert@harmony.co.za                                                          
www.harmony.co.za                                                               
JSE:          HAR                                                               
NYSE:       HMY                                                                 
ISIN No.:   ZAE000015228                                                        
Date: 26/10/2004 07:43:06 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                



                                        
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