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Graham Briggs

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Article
/ 17 April 2008

Uranium deal to net Harmony R1,9bn

Harmony Gold Mining will receive a foreign-capital injection equivalent to R1,9-billion once all the conditions precedent in the $420-million transaction with the Pamodzi Resources Fund have been fulfilled, Harmony CEO Graham Briggs said on Thursday. A new uranium player, Rand Uranium, will be established.

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Article
/ 15 February 2008

Power cuts hamper Harmony’s production

The world’s fifth largest gold miner, Harmony Gold, said on Friday that its production for the March 2008 quarter would decrease. ”In the light of Eskom’s electricity-supply disruptions and with mines operating only at 90% of Harmony’s previous power supply, the company’s production for the March 2008 quarter will decrease,” it said in a statement.

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Article
/ 25 January 2008

SA mines shut down as power crisis worsens

South African gold producers and the world’s biggest platinum miner suspended production at all their mines in the country on Friday due to a power crisis, helping send precious metal prices to new highs. Shares in most of the affected firms dived as the government said the power cuts were ”a national emergency”.

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Article
/ 2 January 2008

Harmony Gold appoints new CEO

Graham Briggs has been appointed CEO of Harmony Gold Mining with effect from January 1 2008, the company said on Wednesday. Harmony — the world’s fifth biggest gold producer — appointed a selection panel at the end of October 2007, made up of four non-executive board members, to oversee the selection process for the position of CEO.

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Article
/ 2 January 2008

JSE extends gains, volumes thin

South African stocks were sharply higher at noon on the first trading day of 2008, but volumes remained low as most traders are still on their festive-season break. By noon on the JSE, the all-share index was 1,05% higher. Resources added 1,24%, the platinum-mining index was up 1,88% but the gold-mining index was flat.

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/ 24 November 2007

Miner dead in Harmony rockfall

One miner has died and another was injured following an underground accident at Harmony Gold’s Elandsrand mine on Friday, the company said. ”He succumbed to his injuries after he was trapped underground for four hours. His body was discovered in the afternoon,” said chief operating officer Alwyn Pretorius.

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