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HARMONY GOLD MINING COMPANY LIMITED - Section 189 discussions regarding Harmony's Kusasalethu Mine commenced

Release Date: 18/01/2013 14:32:00      Code(s): HAR       PDF(s):  
Section 189 discussions regarding Harmony's Kusasalethu Mine commenced

Harmony Gold Mining Company Limited
Registration number 1950/038232/06
Incorporated in the Republic of South Africa
ISIN: ZAE000015228
JSE share code: HAR
(“Harmony” or “the company”)


SECTION 189 DISCUSSIONS REGARDING HARMONY’S KUSASALETHU MINE
COMMENCED


Harmony Gold Mining Company Limited („Harmony" or the „Company")
advises that the consultation process in terms of section 189 of
the Labour Relations Act, 66 of 1995 ("LRA") between Harmony and
Kusasalethu employees represented by the National Union of
Mineworkers (NUM), Association of Mineworkers and Construction
Union (AMCU), Solidarity and UASA (collectively referred to as
“the Unions”) commenced yesterday. The discussions were
facilitated by a senior facilitator appointed by the Commission
for Conciliation, Mediation and Arbitration (CCMA). Discussions
related to the reasons for the recent decision by Harmony to close
its Kusasalethu mine due to safety and security reasons that have
caused the mine to no longer be a viable business.

A parallel consultation process is also happening between Harmony
and the Unions to find a lasting solution by which normal
production levels at Kusasalethu can be achieved and which would
normalise the security, safety and health climate at the mine.
Kusasalethu is a mine with over 7 million ounces of reserve
equating to an estimated 25 years of life. The focus of these
discussions is specifically on again achieving security and safety
of employees at the mine, and compliance with standards, codes and
procedures which will ensure a safe, sustainable and profitable
Kusasalethu.

Kusasalethu will remain closed until an agreement has been reached
and all the conditions of re-opening have been agreed upon and
committed to by all the unions and other stakeholders involved.

The next formal facilitation session at the CCMA between Harmony
and the Unions is scheduled for Tuesday, the 29th of January 2013.


For more details contact:

Henrika Basterfield
Investor Relations Officer
+27 (0) 82 759 1775 (mobile)


Marian van der Walt
Executive: Corporate and Investor Relations
+27 (0) 82 888 1242 (mobile)

18 January 2013

Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited.

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