HARMONY GOLD MINING COMPANY LIMITED - CONOPS AT HARMONY FREE GOLD OPERATIONS Release Date: 07/01/2005 16:25:42 Code(s): HAR
HARMONY GOLD MINING COMPANY LIMITED - CONOPS AT HARMONY FREE GOLD OPERATIONS
Harmony Gold Mining Company Limited
(Incorporated in the Republic of South Africa)
(Registration number 1950/038232/06)
Share code: HAR ISIN: ZAE000015228
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.
7 January 2005
Investec Bank Limited
Issued by Harmony Gold Mining Company Limited
For more details contact:
on +27(0)82 807 3684
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
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