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    gold investing

    Harmony Gold Looks To 150,000 Ounce Production Boost

    Investing News Network
    May. 09, 2012 09:48AM PST
    Precious Metals Investing

    Bloomberg reported that Harmony Gold (NYSE:HMY) said new projects could help it increase gold output by 150,000 ounces in 2013.

    Bloomberg reported that Harmony Gold (NYSE:HMY) said new projects could help it increase gold output by 150,000 ounces in 2013.

    As quoted in the market news:

    Harmony, based in Johannesburg, plans to increase output to counter damage caused to profits by rising electricity and labor costs in South Africa, where the company mines about 90 percent of its metal.

    Click here to read the full Bloomberg report.

    nyse:hmygold investing
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