HAR - Harmony Gold Mining Company Ltd - Harmony and Dioro meet conditions Release Date: 04/12/2007 15:11:01 Code(s): HAR
HAR - Harmony Gold Mining Company Ltd - Harmony and Dioro meet conditions
Harmony Gold Mining Company Ltd
Incorporated in the Republic of South Africa
Registration number: 1950/038232/06
JSE share code: HAR
HARMONY AND DIORO MEET CONDITIONS
Johannesburg. Tuesday, 4 December 2007. Harmony Gold Mining Company Limited
(Harmony) is pleased to announce that on Friday, 30 November 2007, Harmony and
Australian gold company Dioro Exploration NL (Dioro) satisfied all the
conditions required to settle the South Kal Sale agreement.
On 30 July 2007, Harmony signed an agreement with Dioro for the sale to all
rights, title and interest of the South Kal Mine operations located near
Kalgoorlie, Western Australia.
Consideration for the acquisition of the South Kal project is about A$45
million. Harmony will receive A$25 million cash and 11.43 million Dioro shares
for a deemed value of A$20 million.
4 December 2007
For more details contact:
Acting Chief Executive
on +27(0)11 411 2023
General Manager, Investor Relations
on +27 11 411 2314 or
+27 (0)82 654 9241
Date: 04/12/2007 15:11:01 Supplied by www.sharenet.co.za
Produced by the JSE SENS Department .
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
|Email this JSE Sens Item to a Friend.|
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.