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THE SMART NEWS SOURCE | Feb 10 2012 15:47 | LAST UPDATED Feb 10 2012 15:47 |
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We're not selling Joel mine, says Harmony GoldHarmony Gold has said it does not intend selling its Joel mine in Johannesburg after rumours Wits Gold intended on buying the operations. Talks aim to end SA coal, gold sector strikesStriking coal and gold miners will meet the Chamber of Mines in a bid to end strikes that have cost the country tens of millions of dollars. Strikes spread to gold sectorGold miners will join the nationwide industrial action this week and threaten supply of the precious metal at a time when gold is at a record high. Harmony to reopen SA mine on WednesdayHarmony Gold said on Tuesday that a mine in it had shut after a fatality last week will reopen with the morning shift on Wednesday. Harmony stops operations at SA mineHarmony Gold said on Thursday that it had stopped operations at its Joel mine in South Africa after an employee died in an accident. Harmony doubles earnings as gold shinesHarmony Gold more than doubled its second-quarter earnings on Monday, boosted by gold prices and said it was on track to meet its production targets. Harmony CEO sees gold price continuing climbThe price of gold could reach $1 500 per ounce by the end of the year, Harmony Gold Mining's CEO said on Monday. Harmony sells Mount Magnet projectHarmony Gold Mining said on Thursday it would sell its Mount Magnet project in Australia to focus on other ventures. Fourth worker dies after blast at Harmony mineA fourth worker has died following an explosion at Harmony Gold's Phakisa mine in the Free State, the company said on Monday. Harmony posts third-quarter headline lossHarmony Gold swung into a headline loss per share in the March quarter due to lower output and higher production costs. Gold price lifts Harmony's second-quarter earningsHarmony Gold's second-quarter earnings were lifted by a rise in the price of gold and declining costs despite a drop in production, it said on Monday. Harmony second-quarter gold output to fallHarmony Gold expects output to fall in the second quarter, compared with the first, but is bullish about the gold-price performance, it says. Harmony-Pamodzi merger conditionally approvedA merger between Harmony Gold Mining Company and Pamodzi Gold Free State has been conditionally approved, the Competition Tribunal said on Friday. More than 2 000 may lose jobs at HarmonyMore than 2 000 people may lose their jobs when Harmony Gold shuts down several shafts, it was reported on Monday. Harmony's first-quarter gold production up 6%Harmony Gold said on Friday gold production for the first quarter exceeded its own forecast, rising 6% from the preceding quarter. Harmony to proceed with Pamodzi acquisitionHarmony Gold is going ahead with the acquisition of the Pamodzi Gold Free State mine, it said on Wednesday. Harmony shuts gold plant after fatalitySouth Africa's Harmony Gold Mining suspended operations at its Doornkop Plant on Monday after a fatality at the plant, the company said on Tuesday. Harmony's fourth-quarter earnings fallHarmony Gold Mining, the world's fifth-biggest producer, on Monday posted a 13% fall in fourth-quarter headline earnings per share. Harmony selected as preferred Pamodzi bidderHarmony Gold has been selected as the preferred bidder for Pamodzi Gold's Free State operations, the joint provisional liquidators said on Friday. Death toll in mine accident risesThe death toll of illegal miners at Harmony Gold's Eland shaft has risen to 82, police said on Monday. |
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