Keyword Analysis & Research: harmony gold mng


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What does Harmony Mining do in PNG?

In Papua New Guinea, it has Hidden Valley, an open-pit gold and silver mine and a 50% interest in the Morobe Mining Joint Venture, which includes the Wafi-Golpu project and extensive exploration tenements. Outside the joint venture, Harmony's own exploration portfolio focuses principally on highly prospective areas in Papua New Guinea.

Why is Harmony Gold Shares up 9% Thursday?

Shares of the South African gold miner were up 9.9% as of 12:37 p.m. EST on Thursday. Reporting gold production of 413,714 ounces in the first quarter of 2022, Harmony achieved a 32% year-over-year increase thanks to higher gold grades and metric tons milled, which contributed to improved production at several sites.

How much gold does Harmony produce in South Africa?

In FY17, our South African operations accounted for 91% of total gold production of 1.09Moz, with 9% coming from Papua New Guinea. At 30 June 2017, Harmony reported attributable gold equivalent mineral reserves of 36.7Moz of gold, and attributable gold mineral resources of 104.3Moz.

How many employees does Harmony Mining Company have?

At the end of FY17, Harmony employed 33 201 people in total – 26 478 employees and 4 512 contractors in South Africa and 1 300 employees and 911 contractors in Papua New Guinea (excluding employees of the Morobe Mining Joint Ventures).

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