Harmony sells Mount Magnet Gold in Australia
Investing News Network - July 8th, 2010
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.