Harmony obtains Section 11 approval - a significant step towards concluding the Moab Khotsong transaction
Harmony Gold Mining Company Limited
Registration number 1950/038232/06
Incorporated in the Republic of South Africa
JSE share code: HAR
("Harmony" or the "Company")
Harmony obtains Section 11 approval - a significant step towards
concluding the Moab Khotsong transaction
Johannesburg, Tuesday, 13 February 2018. Harmony Gold Mining Company
Limited (“Harmony” and/or “the Company”) is pleased to announce that
the Department of Mineral Resources has granted consent in terms of
section 11(2) of the Mineral and Petroleum Resources Development
Act, 2002 (Act 28 of 2002), to cede the Moab Khotsong mining right
to Harmony, fulfilling one of the most important conditions
precedent towards the completion of the Moab Khotsong transaction.
“The approval confirms government’s support of the transaction which
will enhance the quality of our asset portfolio and increase our
profit margins”, said Peter Steenkamp, chief executive officer.
For more details contact:
Investor Relations Manager
+27 (0)71 607 1498 (mobile)
Marian van der Walt
Executive: Corporate and Investor Relations
+27 (0)82 888 1242 (mobile)
13 February 2018
JSE Sponsor: J.P. Morgan Equities South Africa Proprietary Limited
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