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gold investing

Harmony Gold Warns of Lower Output on Mine Closures, Operational Challenges

Written by Investing News Network
|
Apr. 09, 2013 04:08AM PST

Mining Weekly reported that Harmony Gold is warning of lower output for the quarter ending in March for a variety of reasons, including a temporary closure of their Kusasalethu mine and ventilation problems at their Phakisa mine.

Mining Weekly reported that Harmony Gold is warning of lower output for the quarter ending in March for a variety of reasons, including a temporary closure of their Kusasalethu mine and ventilation problems at their Phakisa mine.

As quoted in the market report:

The company warned, however, that the restart of mining at Kusasalethu and the Phakisa mine’s performance could also impact on the company’s output for the quarter to end June 30, 2013.

To view the whole Mining Weekly report, click here. 

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