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 2 June 2015
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
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Issued by Harmony Gold
Mining Company Limited
Mining Company Limited
For more details contact:
Marian van der Walt
Executive: Corporate and Investor
Relations
Tel: +27 (0)82 888 1242 (mobile)
Executive: Corporate and Investor
Relations
Tel: +27 (0)82 888 1242 (mobile)
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
Listing codes:
JSE: HAR
NYSE: HMY
JSE: HAR
NYSE: HMY
ISIN no:
ZAE000015228
ZAE000015228
Registration no: 1950/038232/06
Harmony Gold Mining Company Limited
(Harmony), a world-class gold mining
and exploration company, has
operations and assets in South Africa
and Papua New Guinea. Harmony,
which has more than 60 years’
experience in the industry, is the third
largest gold producer in South Africa.
Our assets include 9 underground
mines and 1 open pit operation and
several surface sources in South Africa.
Our assets in PNG – an open pit mine
(Hidden Valley), as well as the
significant Golpu project – are held in a
joint venture. We also own several
exploration tenements, in Papua New
Guinea.
(Harmony), a world-class gold mining
and exploration company, has
operations and assets in South Africa
and Papua New Guinea. Harmony,
which has more than 60 years’
experience in the industry, is the third
largest gold producer in South Africa.
Our assets include 9 underground
mines and 1 open pit operation and
several surface sources in South Africa.
Our assets in PNG – an open pit mine
(Hidden Valley), as well as the
significant Golpu project – are held in a
joint venture. We also own several
exploration tenements, in Papua New
Guinea.
The company’s primary stock exchange
listing is on the JSE with a secondary
listing on the New York Stock
Exchange. The bulk of our shareholders
are in South Africa and the United
States. Additional information on the
company is available on the corporate
website, www.harmony.co.za.
listing is on the JSE with a secondary
listing on the New York Stock
Exchange. The bulk of our shareholders
are in South Africa and the United
States. Additional information on the
company is available on the corporate
website, www.harmony.co.za.
Harmony provides update on restructuring of its Doornkop mine
·
Consultation with labour at Doornkop mine continues - job loss avoidance
measures a priority
·
Engagement with relevant stakeholders at all levels
Johannesburg: Tuesday, 2 June 2015. Harmony Gold Mining Company Limited
(“Harmony” and/or “the Company”) advises that in line with its market update on the
8th of May 2015 to restructure its Doornkop mine, management is continuing its
(“Harmony” and/or “the Company”) advises that in line with its market update on the
8th of May 2015 to restructure its Doornkop mine, management is continuing its
consultation process in terms of section 189A (“Section 189A”) of the Labour
Relations Act, 66 of 1995 ("LRA") with organised labour and other relevant
stakeholders to explore a possible restructuring of the mine.
stakeholders to explore a possible restructuring of the mine.
Given the current gold price environment and the significant capital investment
required to sustain operations at this shaft, all indications are that Doornkop will
continue to make a loss in the foreseeable future unless it is restructured. Doornkop
incurred an operating loss after capital of R210 million during financial 2014 and a
further loss of R98 million during the nine months ended 31 March 2015.
Harmony chief executive officer Graham Briggs, said: “We have to take into
consideration the long term sustainability of the company as a whole. The Doornkop
mine continues to be a drain on the efforts and resources of Harmony, and we need
mine continues to be a drain on the efforts and resources of Harmony, and we need
to stem these losses. The decision to commence on this restructuring process has not
been taken lightly. All stakeholders are being consulted in an effort to minimise job
losses and to find a lasting and sustainable solution for Doornkop’s viability.”
been taken lightly. All stakeholders are being consulted in an effort to minimise job
losses and to find a lasting and sustainable solution for Doornkop’s viability.”
On Sunday, 31 May 2015, an underground fire was reported at Doornkop. All
employees were brought to safety and no one was injured. The fire occurred in an old
mined out area where some cleaning operations had been taking place. The cause of
employees were brought to safety and no one was injured. The fire occurred in an old
mined out area where some cleaning operations had been taking place. The cause of
the fire is not known at this stage. Production has been stopped for safety reasons
and indications are that we can start production early next week again.
“The fire has been contained and we continue to monitor the gas readings. We will be
able to extinguish the fire in the next couple of days, enabling production to
recommence”, said Graham Briggs.
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: June 2, 2015
Harmony Gold Mining Company Limited
By:
/s/ Frank Abbott
Name: Frank Abbott
Title: Financial Director
Title: Financial Director