Harmony Gold produces 1.14-million ounces across all operations
HIDDEN VALLEY GOLD OPERATION Major capital projects are under way to increase mill throughput to an initial 4.7-million tons a year – these include installing an upgraded crusher, upgraded oxygen plant, reconfiguring tankage and increasing interstage screen capacity and raw water filtration
TSHEPONG UNDERGROUND OPERATION Tshepong is one of Harmony’s lowest-cost producers, although its grade remains sensitive to stoping width – this is rigorously controlled by the undercut mining method used at this mine
BAMBANANI UNDERGROUND SHAFT Bambanani, near Welkom, has three surface shafts – Bambanani, Steyn 2 and West – with ore conveyed 7 km to Harmony 1 plant for processing
DOORNKOP GOLD MINING SHAFT Doornkop is a single-shaft operation mining the Kimberley and South Reefs to a depth of just under 2 000 m. Production at the higher-grade South Reef project is ramping up to scheduled full production in 2016
KUSASALETHU MINEWORKERS The Kusasalethu operation mines in an area of localised enrichment, although the higher grade is diluted by waste being hoisted with reef and delivered to the plant. A decision was taken to rehabilitate the shaft orepass system after major scaling took place inside these excavations – which resulted in only one orepass system being available for production
DRILLING INSIDE PHAKISA MINE A steady increase in milled volumes during the year and a 7% improvement in recovered grade mined at Phakisa contributed to a 44% increase in gold produced
JSE-listed gold mining major Harmony Gold produced 1.14-million ounces of gold in the 2013 financial year and, at year-end, will have employed close to 36 000 people, including about 6 000 contractors, mostly in South Africa.
Harmony is a gold mining and exploration company with operations in South Africa and Papua New Guinea, one of the world’s premier new gold-mining regions. Established more than six decades ago, Harmony is one of the largest gold mining companies in the world and the third-largest gold producer in South Africa.
In South Africa, Harmony has 11 underground mines and one openpit mine, as well as several surface operations, mostly based in the world-renowned Wit-watersrand basin and in the Kraaipan greenstone belt.
In Papua New Guinea, Harmony has a 50% joint venture (JV) with gold exploration company Newcrest Mining. The JV includes the Hidden Valley openpit gold and silver mine, the Wafi-Golpu project and several exploration tenements. Harmony’s 100%-owned exploration portfolio focuses principally on highly prospective areas in the country.
Strategically, Harmony understands that delivering long-term value is a process of interlocking elements – both financial and nonfinancial. The balance between these elements is captured in the company’s values and the way it guides its activities.
On June 30, the company reported attributable gold equiv- alent mineral reserves of 51.5- million ounces and gold mineral resources of 147.7-million ounces.
Harmony’s resource base in Papua New Guinea now represents 14% of Harmony’s total gold resources. Significant brownfield exploration is also under way in South Africa.
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