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HAR - Harmony Gold Mining Company Ltd - Harmony`s guidance for the June 2011

Release Date: 15/07/2011 14:00:02      Code(s): HAR
HAR - Harmony Gold Mining Company Ltd - Harmony`s guidance for the June 2011    
Harmony Gold Mining Company Ltd                                                 
Incorporated in the Republic of South Africa                                    
Registration number: 1950/038232/06                                             
JSE Share code: HAR                                                             
NYSE Share code: HMY                                                            
NASDAQ Share code: HMY                                                          
ISIN: ZAE000015228                                                              
PRESS RELEASE                                                                   
HARMONY`S GUIDANCE FOR THE JUNE 2011 QUARTER                                    
Johannesburg. Friday, 15 July 2011. Harmony Gold Mining Company Limited         
(Harmony) announces that higher production from its growth assets resulted in   
overall production being higher quarter on quarter.                             
Gold production for the June 2011 quarter is likely to be 3% higher than the    
previous quarter, despite days lost to public holidays. As expected, cash       
operating costs in Rand terms will be higher, mainly due to higher electricity  
and stores costs, as well as the inclusion of Target 3 in our operating results.
Higher stores costs are due to additional supplies used to support the increased
production, as well as additional maintenance performed during public holidays. 
Chief Executive Officer, Graham Briggs, commented that: "Quarter on quarter our 
short-term objective is the build-up of our production. Although it takes time, 
we are getting there and will resist challenges to ensure delivery."            
Harmony`s results for the quarter and year ended 30 June 2011 will be released  
on Monday, 15 August 2011.  Please refer to our website www.harmony.co.za for   
For more details contact:                                                       
Henrika Basterfield                                                             
Investor Relations Officer                                                      
+27 82 759 1775 (mobile)                                                        
Marian van der Walt                                                             
Executive: Corporate and Investor Relations                                     
+27 82 888 1242 (mobile)                                                        
Corporate Office:                                                               
Randfontein Office Park                                                         
P O Box 2                                                                       
South Africa 1760                                                               
T +27 (11) 411 2000                                                             
J.P. Morgan Equities Limited                                                    
Date: 15/07/2011 14:00:02 Supplied by www.sharenet.co.za                     
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