Harmony gold

from Wikipedia, the free encyclopedia
Harmony Gold Mining Company Limited

logo
legal form Limited Company
ISIN US4132163001
founding 1950
Seat Randfontein , South Africa
Number of employees 34,746 (2014)
sales 1.52 billion US dollars (2014)
Branch Mining
Website www.harmony.co.za

In 2014 Harmony Gold is the third largest gold mining company in South Africa and the eleventh largest gold miner in the world.

Company details

The company, which is based in Randfontein , South Africa , had 2014 sales of US $ 1.5 billion and production of approximately 1.1 million ounces of gold . The company is listed on the Johannesburg Stock Exchange (symbol HAR), the New York Stock Exchange (symbol HMY) and the Berlin Stock Exchange (symbol HAM1). 48% of the shares are held by South African investors, another 38% are owned by US institutions.

In addition to South Africa, the company also has mines in Papua New Guinea .

history

The company was founded in 1950. From 1994 to 2005 the company grew strongly, particularly through acquisitions. South African billionaire and founder of other mining companies, Patrice Motsepe , becomes CEO in 2005. In the years that followed, the company expanded its business areas and, in addition to further acquisitions, also concluded strategic alliances with other mining companies.

On the morning of October 3, 2007, the main elevator of the Elandsrand gold mine (also Elandskraal mine) at Far West Rand , about 10 km southwest of Carletonville in the province of Gauteng , was broken in a compressed air line which fell down in an elevator shaft . put out of service. As a result, 3,200 miners were stuck at a depth of 2,150 meters. By the evening of October 4th, all of the buddies were rescued. Nobody was injured or killed in the accident, and the buddies had fresh air and water. The rescue of those trapped at around 40 degrees Celsius air temperature is delayed by a poorly maintained escape shaft and because of the low capacity of the freight elevator with which the miners are rescued.

production

mine country Participation Production 2014
in oz		 Reserves (P + P)
in thousand oz		 AISC
in US $
Bambanani South AfricaSouth Africa RSA 100% 82,800 647 $ 774
Doornkop South AfricaSouth Africa RSA 100% 83,700 1,319 $ 1,537
Hidden Valley Papua New GuineaPapua New Guinea PNG 50% 105,800 1,700 $ 1,288
Joel South AfricaSouth Africa RSA 100% 75,100 1,225 $ 994
Kusasalethu South AfricaSouth Africa RSA 100% 150,900 6,833 $ 1,533
Masimong South AfricaSouth Africa RSA 100% 87,400 947 $ 1,321
Phakisa South AfricaSouth Africa RSA 100% 95,700 1,694 $ 1,428
Steyn2 South AfricaSouth Africa RSA 100% 12,600 - $ 801
Unisel South AfricaSouth Africa RSA 100% 59,100 307 $ 1,168
Target1 South AfricaSouth Africa RSA 100% 144,500 1,680 $ 917
Target3 South AfricaSouth Africa RSA 100% 45,400 1,155 $ 1,478
Tshepong South AfricaSouth Africa RSA 100% 135,800 4,095 $ 1,218
total 1,150,000 $ 1,253

Source: Harmony Gold Annual Report 2014/15 and Quarterly Reports 2014

Web links

Individual evidence

  1. ^ A b Harmony 2014 Integrated Annual Report, at www.harmony.co.za , accessed July 25, 2015
  2. ↑ [1] . Harmony Gold website . Retrieved December 28, 2015
  3. ↑ About us: History ( Memento from April 11, 2010 in the Internet Archive ). Harmony Gold website . Retrieved June 27, 2010.
  4. ↑ Tages-Anzeiger : All gold miners rescued from October 4, 2007.
  5. ↑ Der Standard : Mine Disaster in South Africa: All miners rescued from October 4, 2007.
  6. ↑ Further key figures on Harmony Gold. Retrieved December 29, 2015 .