[miningmx.com] – HARMONY Gold will report an 8% to 10% increase in total gold production for the first quarter of its financial year with output from the South African operations up 16% on higher tonnes mined and grade.
“The September quarter demonstrates that if we focus on what we can control, we are able to benefit from the current higher R/kg gold price,” said Graham Briggs CEO of Harmony Gold in a statement to the JSE.
As guided in August 2015, production at Hidden Valley in Papua New Guinea was negatively impacted by a fatality, the company said. Harmony is scheduled for report its quarter results on November 5.
