Harmony sells Mount Magnet Gold in Australia

Gold Investing

Harmony Gold Mining Company Limited announced that it has executed a Share Sale Agreement with the Australian-based gold miner Ramelius Resources Limited for the sale of the Mount Magnet Gold Project for A$40 million cash.

Harmony Gold Mining Company Limited announced that it has executed a Share Sale Agreement with the Australian-based gold miner Ramelius Resources Limited for the sale of the Mount Magnet Gold Project for A$40 million cash.

The press release is quoted as saying:

The Mount Magnet project, located in Western Australia, was placed on care and maintenance in 2008. The package includes an extensive advanced exploration portfolio and the Checker CIL processing plant.

Click here to access the entire press release

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