Johannesburg - Harmony Gold Mining Company Limited ('Harmony' or 'the Company') is pleased to announce that the acquisition of Mponeng mine and Mine Waste Solutions from AngloGold Ashanti Limited was concluded yesterday and the purchase price of the Rand equivalent of $200 million was paid.
'We are pleased that the transaction has been completed and welcome the employees from Mponeng and Mine Waste Solutions to the Harmony family,' said Peter Steenkamp, chief executive officer of Harmony.
Harmony has strengthened its South African executive operational management structure to support the Company's growth in the country.
The revised structure, which will continue to be headed by Beyers Nel - chief operating officer: South African Operations is effective from today, 1 October 2020. Beyers has close to 20 years' experience in various operational, management and executive roles in gold mining, gained on opencast, deep and ultra-deep level mines. Moses Mothlageng, Zweli Ndese and Francois Janse van Rensburg will be the three regional general managers who will assist Beyers in managing the Company's South African operations.
Moses Motlhageng, previously regional general manager responsible for the Moab Khotsong, Kusasalethu and Kalgold, assumes responsibility for Mponeng while retaining responsibility for Kusasalethu and Kalgold. He joined Harmony in 2011 and has 21 years' operational and management experience in the diamond, platinum and ultra-deep gold sectors of the mining industry.
Zweli Ndese, previously assigned to Harmony's business development office, rejoins the South African executive team as regional general manager responsible for Moab Khotsong and Doornkop. Zweli has 26 years' experience in the mining industry, having held various senior positions in the gold and platinum sectors.
Francois Janse van Rensburg will continue as Regional General Manager for all the Free State operations (Bambanani, Unisel, Joel, Masimong, Target and Tshepong Operations). He has 25 years' experience in the South African hard-rock, underground gold mining environment with more than 13 years' experience at senior management level. He joined Harmony in 2004.
'Beyers, Moses, Zweli and Francois are well-experienced, energetic mining engineers. Our operations have built up good momentum over the past couple of years under the leadership of Beyers. Now that we are the owners of the newly acquired assets, we will be in a position to determine which synergies will enable us to unlock the most value,' Steenkamp added.
Contact:
Marian van der Walt
Tel: +27 (0) 82 888 1242
Harmony Gold Mining Company Limited (Harmony), a world-class gold mining and exploration company, has operations and assets in South Africa and Papua New Guinea (PNG). Harmony has close to 70 years' experience in the industry. Company assets include one open pit mine and several exploration tenements in PNG, as well as 9 underground mines and 1 open pit operation and several surface sources in South Africa. In addition, Harmony owns 50% of the significant Wafi-Golpu copper-gold project - a tier 1 asset in a joint venture in PNG.
The company's primary stock exchange listing is on the JSE with a secondary listing on the New York Stock Exchange. The bulk of our shareholders are in South Africa and the United States.
HARMONY GOLD MINING COMPANY LIMITED 
