kusasalethu

Harmony plans overhaul of Kusasalethu mine

Harmony Gold is implementing a new plan to return its struggling Kusasalethu mine to profitability following an intensive review process undertaken recently at the Carletoneville operation. “Kusasalethu has not returned to profitability after...

Harmony to complete health and safety review

Harmony Gold aims to complete a health and safety review by the end of this month, it has reported in its results for Q3 FY14 and the nine months ended 31 March 2014. “Safe mining remains at the core of our values,” said CEO Graham Briggs. “The...
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Harmony anticipates 12% to 15% fall in production

Harmony Gold has advised that production for the quarter ended March 2014 will be 12% to 15% lower than the previous quarter.  Production stoppages at Doornkop due to the accident in February 2014, flooding of the shaft bottom at Joel and a slower...

Early settlements give hope to gold mines

Village Main Reef and Pan African Resources have reached a wage agreement with the NUM and the United Association of SA in the wake of the gold sector strike. These early wage settlements, struck by two of the five gold producers affected by the...

Harmony cuts costs FY14

Harmony Gold’s results for its fourth quarter  show an increase in gold production, in line with the company’s strategy to optimise operational delivery. Commenting on the results Graham Briggs, chief executive officer stated: “Our...