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Investigations into the accident are underway. All tramming opelevel have been stoppedrations on 113
Harmony Gold Mining Company Ltd : Fatality at Harmony's Kusasalethu mine
05/16/2013| 05:24am US/Eastern
Fatality at Harmony's Kusasalethu mine Published on 16 May 2013
Harmony Gold Mining Company Limited ('Harmony' or 'the Company') regrets to advise that an employee was fatally injured in a rail bound accident on 113 level at its Kusasalethu mine near Carletonville this morning.
Investigations into the accident are underway. All tramming operations on 113 level have been stopped.
Harmony's Chief Executive, Graham Briggs, and his management team wish to express their deepest condolences to the members of the deceased's family for the loss of their loved one.
Harmony was incorporated 62 year ago and is one of the largest gold mining companies in the world and the third largest gold producer in South Africa with a reported production of 1.17* million ounces of gold for the financial year 2012 and Mineral Reserves of 52.9 million ounces. Harmony is a multi-listed company and its primary listing is on the JSE Limited (ticker: HAR). The company's shares are also quoted in the form of American Depositary Receipts (ADRs) on the New York Stock Exchange (ticker: HMY) and as International Depositary Receipts (IDRs) on the Berlin (ticker: HAM1) and Brussels exchanges (HMY).
Harmony operates mines in South African and Papua New Guinea. In South Africa, the company has ten underground mines and one open-pit mine and several surface operations in South Africa. In PNG, Harmony has a 50% interest in the Morobe Mining Joint Ventures, which includes Hidden Valley, an open-pit gold and silver mine, the exciting Wafi -Golpu project, and extensive exploration tenements. Outside the joint venture, Harmony's own exploration portfolio focuses principally on highly prospective areas in PNG. The Company's head office is situated in Randfontein, South Africa.
Investor Relations Manager
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Marian van der Walt
Executive: Corporate and Investor Relations
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Sentiment: Strong Sell
Sentiment: Strong Sell