harmony

Tshiamiso Trust progress update

Tshiamiso Trust progress update

The Tshiamiso Trust provided an update regarding the claims process for prospective recipients of benefits for current and former mineworkers who have contracted silicosis or work-related tuberculosis on 82 gold mines since March 1965. The...

Gold decline taking toll on JSE index

Gold mining companies tugged down stocks on South Africa’s JSE as the price of the metal fell to a new four year low of $1 160 per ounce this week. This weighed on South African stocks that fell for a second straight session on Wednesday, as gold...

Harmony to lose R100mn with mine closure

Harmony Gold mine is already expected to lose more than R100 million as it closes its Kusasalethu mine for two weeks to remove illegal miners. The miner stopped operation at its mine in following a third fire occurrence in October – believed...

Harmony starts FY2015 with productivity boost

Harmony Gold Mining increased its production by approximately 6% in the first quarter of financial year 2015 – in line with its annual production guidance. “Harmony is strengthening its margins through increasing its gold production. We...

Harmony, Selectra implement bioenergy project

Harmony has implemented the first bioenergy project on mining property in South Africa, in conjunction with Selectra of the US. Grow energy crops The aim of the project is to grow energy crops, namely sugar beets and Giant King Grass, on...

Online asset disposal solution for miners

An online mining auctioneering platform will go live in late July featuring a variety of assets from the likes of Exxaro, Harmony Gold and Anglo American, as well as equipment manufacturers like Diesel Power.  The mining stock will be put up by...

JSE lifted by gold index

The performance of the gold index lifted the JSE on Friday, with the all share up 0,21% while the blue chip top 40 index firmed 0.25%. The likes of gold miners Gold Fields and Harmony surged 4.65% to R41.40 and 4.72% to R31.31 respectively, while...