Harmony Gold on track to meet 1.1 million ounces target


Gold miner Harmony announced today, 16 January 2018, that it was on track to meet its annual production guidance of 1.1 million ounces, after producing more than 550 000 ounces in the six months ended 31 December 2017.

In a statement, Harmony Gold said output for the six months to December from its South African operations would be 9 percent to 11 percent higher than the previous six month period ended 30 June 2017.

It said production for the entire group had increased by between 3 and 5 percent in the six months to December, compared with the preceding half year.

The company said its Hidden Valley mine was well on track to deliver as forecast in 2018, after an infrastructure upgrade was completed and processing of ore started two weeks ahead of schedule.

Harmony is set to release its interim results on 13 February 2018.


About Author

Thabo Mphahlele is the BizNis Africa Head of Sales and Marketing. Mphahlele was previously MultiChoice Production Support Analyst responsible for developing and monitoring applications. In addition, Mphahlele develops and automates batch scripts and is responsible for the daily infrastructure maintenance at MultiChoice. As a Production Support Analyst, he is responsible for incident analysis solving , developing and constructing business reports for SQL and Oracle and implement change controls for the business. Additional responsibility includes monitoring system performance via SOA, Kibaba (Elasticsearch), H.P BSM, HP Sitescope. Mphahlele is responsible for creating infrastructure performance reports through HP Ops Analytics, monitoring payments via Splunk and in-house built-in tool and disaster recovery simulation and testing. At Nashua Mobile, he was responsible for application development and enhancing the web sites At South West Gauteng College, he was the IT Technician and Network Administrator. During his tenure at Double Digit Media, he was he focused on application and web site development for new and existing clients Mphahlele contributes as a Content Manager for BizNis Africa.

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