UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO
RULE 13a-16 OR 15d-16 UNDER THE SECURITIES
EXCHANGE ACT OF 1934
For
22 February 2010
Harmony Gold Mining Company
Limited
Randfontein Office Park
Corner Main Reef Road and Ward Avenue
Randfontein, 1759
South Africa
(Address of principal executive offices)
(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-
F or Form 40-F.)
Form 20-F X
Form 40-F
(Indicate by check mark whether the registrant by
furnishing the information contained in this form
is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.)
Yes
No X
Issued by Harmony Gold
Mining Company Limited
22 February 2010
For more details contact:
Esha Brijmohan
Investor Relations Officer
on +27 (0)82 759 1775
or
Marian van der Walt
Executive: Corporate and
Investor Relations
on +27 (0)82 888 1242
Mining Company Limited
22 February 2010
For more details contact:
Esha Brijmohan
Investor Relations Officer
on +27 (0)82 759 1775
or
Marian van der Walt
Executive: Corporate and
Investor Relations
on +27 (0)82 888 1242
Corporate Office:
Randfontein Office Park
P O Box 2
Randfontein
South Africa 1760
T +27 (11) 411 2000
Randfontein Office Park
P O Box 2
Randfontein
South Africa 1760
T +27 (11) 411 2000
www.harmony.co.za
JSE: HAR
NYSE: HMY
NASDAQ: HMY
ISIN No.: ZAE000015228
Harmony’s acquisition of Pamodzi Gold’s Free State assets completed
Johannesburg. Monday, 22 February 2010.
Harmony Gold Mining Company
Limited (Harmony) is pleased to announce that all conditions precedent relating to its
acquisition of the Pamodzi Gold Free State (Proprietary) Limited’s assets (Pamodzi
Gold’s Free State assets), have been fulfilled and that the deal has now become
unconditional.
During the past few months, Harmony conducted pre-production work at the shafts,
to make these operations safe and return them to production. Production at Steyn 2
and Loraine 3 shafts will now commence and more work is being done to
underground workings at Steyn 1 shaft. Production at these 3 shafts for the first 12
months is estimated at 100 000 oz at an average recovered grade of 5.5g/t and at a
cash cost in the order of R218 000/kg. Production will then increase to 150 000 oz for
the second 12 months at a cash cost of about R160 000/kg.
The plant clean-up began in December 2009, and 800kg of gold is expected to be
recovered over the next 18 months. Milling of rock from the Freddies 9 waste dump
at a throughput of 35 000tpm and a recovered grade of 0.55g/t has commenced. This
rock is processed at Harmony’s Target plant. Harmony has re-employed 1000
employees and we expect the total number of employees to increase to
approximately 2,500 over the next two years.
Harmony CEO Graham Briggs said: “We are pleased that the deal has been
successfully concluded. Our teams are now working hard to ensure that these shafts
remain safe and are productive. Our planning indicates promising results from these
operations. ”
ends.
Limited (Harmony) is pleased to announce that all conditions precedent relating to its
acquisition of the Pamodzi Gold Free State (Proprietary) Limited’s assets (Pamodzi
Gold’s Free State assets), have been fulfilled and that the deal has now become
unconditional.
During the past few months, Harmony conducted pre-production work at the shafts,
to make these operations safe and return them to production. Production at Steyn 2
and Loraine 3 shafts will now commence and more work is being done to
underground workings at Steyn 1 shaft. Production at these 3 shafts for the first 12
months is estimated at 100 000 oz at an average recovered grade of 5.5g/t and at a
cash cost in the order of R218 000/kg. Production will then increase to 150 000 oz for
the second 12 months at a cash cost of about R160 000/kg.
The plant clean-up began in December 2009, and 800kg of gold is expected to be
recovered over the next 18 months. Milling of rock from the Freddies 9 waste dump
at a throughput of 35 000tpm and a recovered grade of 0.55g/t has commenced. This
rock is processed at Harmony’s Target plant. Harmony has re-employed 1000
employees and we expect the total number of employees to increase to
approximately 2,500 over the next two years.
Harmony CEO Graham Briggs said: “We are pleased that the deal has been
successfully concluded. Our teams are now working hard to ensure that these shafts
remain safe and are productive. Our planning indicates promising results from these
operations. ”
ends.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Dated: February 22, 2010
Harmony Gold Mining Company Limited
By:
/s/
Hannes Meyer
Name:
Hannes Meyer
Title: Financial Director