Denver Gold Group > Member Company Profile > Harmony Gold Mining Company Limited
Address
Cnr Main reef road and Ward avenue, Randfontein Office Park, Randfontein
Randfontein, GP 1760
South Africa
Value Drivers
- Stong, focused management team
- Wafi-Golpu 'find of the century'
- Building low-cost, high grade mines
- Exciting long-term possibilities
- Unhedged
Management
| Chairman: | Patrice Motsepe |
| CEO/President/MD: | Graham Briggs |
| CFO: | Hannes Meyer |
| COO: | Tom Smith & Jaco Boshoff |
| Other Key Staff: | Executive: Corporate and Investor Relations: Marian van der Walt |
IR Contact
Henrika Basterfield
+27114112011
HarmonyIR@harmony.co.za
www.harmony.co.za
Cautionary Information
© Copyright 2012, Denver Gold Group & Harmony Gold Mining Company Limited.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use. Certain information contained in this profile, including any information as to strategy, projects, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance, constitute "forward-looking statements". All statements, other than statements of historical fact, are forward-looking statements. The words "believe", "expect", "will", "anticipate", "contemplate", "target", "plan", "continue", "budget", "may", "intend", "estimate" and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual financial results, performance or achievements of the Company to be materially different from the Company's estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. These risks, uncertainties and other factors include, but are not limited to: the impact of global liquidity and credit availability on the timing of cash flows and the values of assets and liabilities based on projected future cash flows; changes in the worldwide price of commodities and energy inputs; fluctuations in currency markets; changes in global and national interest rates; risks arising from holding derivative instruments; the ability of the Company to complete or successfully integrate an announced acquisition proposal; legislative, political or economic developments in the jurisdictions in which the Company carries on business; operating or technical difficulties in connection with mining or development activities; employee relations; availability and costs associated with mining inputs and the construction of capital projects; the speculative nature of exploration and development, including the risks of obtaining necessary licenses and permits and diminishing quantities or grades of reserves; changes in costs and estimates associated with the Company’s projects; adverse changes in the Company's credit rating, level of indebtedness and liquidity, contests over title to properties, particularly title to undeveloped properties; the risks involved in the exploration, development and mining business, including, without limitation, environmental hazards. Certain of these factors are discussed in greater detail in the Company's most recent regulatory filings with various national securities and other authorities. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.
Harmony Gold Mining Company Limited
Johannesburg Stock Exchange : HAR
Last Updated: February 21, 2012
| Status: | Producer |
| Primary Mineral: | Gold |
| Secondary Mineral: | Silver |
| Primary Country of Operation: | South Africa |
| Other Countries of Operation: | Papua New Guinea |
Harmony Gold Mining Company Limited “Harmony” is one of the world’s largest gold mining companies. Operations are mainly in South Africa and Papua New Guinea (PNG), where the Hidden Valley mining recently came into production. In South Africa the company has 10 underground and several surface operations. In PNG, Harmony has a 50% interest in Morobe Mining Joint Ventures (MMJV), which includes Hidden Valley, an open cast gold and silver mine, and also the Wafi-Golpu project. Outside the Joint Venture, Harmony also owns 100% of 8000 square kilometres of exploration tenements.
One of the best explorers worldwide
Wafi-Golpu ‘find of the century’
Unhedged, low debt
Building low-cost, high-grade mines
Strong, focused management team
Exciting long-term possibilities
Dividends
Annual Production
Gold, koz per year
GEOs: Yes
Annual Proven & Probable Reserves
Gold, Moz per year
Mineral Authority: SAMREC, GEOs: Yes
All data is attributable unless otherwise stated in footnotes. Mineral resources are exclusive of reserves unless otherwise stated in footnotes.
Other Markets Traded On
New York Stock Exchange: HMY
London Stock Exchange: HRM
Euronext, Brussels: HMY
Berlin Stock Exchange:HAM1
Top Shareholders
- ARM Ltd
- Blackrock Investment Management (UK) Ltd
- Allan Gray Unit Trust Management Ltd
- Public Investment Corporation (PIC) of South Africa
- First Eagle Investment Management LLC
Capital Structure
| Common Shares Outstanding: | 430,084,628 |
| Float (%): | 100 |
| Warrants Outstanding: | 0 |
| Options Outstanding: | 0 |
| Fully Diluted Shares: | 430,084,628 |
Stock as of April 24, 2012
| Local: ZAR | USD | |
|---|---|---|
| Stock Price: | 73.50 | 9.42 |
| 52-Week Range: | 72.60 - 116.09 | 9.30 - 14.87 |
| Market Cap: | 31,611 MM | 4,049 MM |
| Fully Diluted Market Cap: | 31,611 MM | 4,049 MM |
| 1-Year Return: | -26.81% |