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HARMONY GOLD MINING COMPANY LIMITED - CONOPS AT HARMONY FREE GOLD OPERATIONSRelease Date: 07/01/2005 16:25:42 Code(s): HARHARMONY GOLD MINING COMPANY LIMITED - CONOPS AT HARMONY FREE GOLD OPERATIONS UNDER THREAT Harmony Gold Mining Company Limited (Incorporated in the Republic of South Africa) (Registration number 1950/038232/06) Share code: HAR ISIN: ZAE000015228 ("Harmony") CONOPS AT HARMONY FREE GOLD OPERATIONS UNDER THREAT Johannesburg, Friday 7 January 2005 - Harmony Gold Mining Company Limited (NYSE: HMY JSE: HAR) today announced that at a meeting held between Harmony management of the Free Gold Operations and representatives from the National Union of Mineworkers (NUM) on 3 January 2005, the company was informed by NUM that the Union was not prepared to support an application for Sunday labour. By not having the necessary union support, the company"s application to the Department of Minerals and Energy to work on Sunday"s is unlikely to be approved. CONOPS (continuous operations) working arrangements at these shafts can therefore not take place. Discussions between the parties continue. CONOPS was introduced as one of the alternatives to redress the continued losses being incurred at the company"s marginal operations in the Free State which have been adversely affected by the current low R/kg gold price scenario. Johannesburg 7 January 2005 Sponsor Investec Bank Limited Issued by Harmony Gold Mining Company Limited For more details contact: Ferdi Dippenaar Marketing Director on +27(0)82 807 3684 or Dawie Mostert Group Employee Relations Executive on +27(0)83 452 4086 Date: 07/01/2005 04:25:45 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department | |||
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