Bloomberg News

Harmony’s Tshepong to Lose as Much as 25 Kilograms of Gold a Day

July 14, 2011

July 14 (Bloomberg) -- Harmony Gold Mining Co., Africa’s third-largest gold producer, may lose between 20 kilograms and 25 kilograms of gold a day because of the closure of its Tshepong mine in South Africa following an accident on July 11 in which a worker died.

“Operations at Tshepong are halted until such time as the investigation into the cause of the accident has been finalized,” Johannesburg-based Harmony said in an e-mailed response to questions today. “The loss of a life is of greater

concern to us than the loss of production.”

To contact the reporter on this story: Mkhululi Mancotywa in Johannesburg at mmancotywa1@bloomberg.net

To contact the editor responsible for this story: Vernon Wessels at vwessels@bloomberg.net


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