About Harmony Gold Mining Company
Harmony Gold Mining Company Limited (Harmony) engages in gold mining and related activities, including exploration, extraction and processing. Gold bullion, the company's principal product, is produced at its operations in South Africa and Papua New Guinea (PNG). Harmony is a global, sustainable gold mining and exploration company with a growing copper footprint in the company's Tier 1 Wafi-Golpu Project as well as Eva Copper Project. The company is also the largest producer of gold from the retreatment of old tailings dams, making it a major player in the circular economy of gold. Harmony's South African operations include nine deep-level mines, an open pit mining operation and several surface retreatment facilities. Harmony has three underground mining operations in the West Rand. Harmony has one open pit mine and several surface retreatment facilities in South Africa. These include Kalgold, various surface sources in the Free State (including several tailings retreatment operations and waste rock dumps (WRDs), located largely in the vicinity of Welkom), marginal ore rock dumps and tailings (Mispah and Kop Paydam) associated with Moab Khotsong that are available for retreatment, Mine Waste Solutions, Vaal River and West Wits. As of June 30, 2023, their combined estimated Mineral Resources (exclusive of Mineral Reserves) were 4.2 million ounces. In PNG, Harmony has one wholly-owned open-pit, gold and silver mine: Hidden Valley, and a 50% interest in the Wafi-Golpu Project. In Australia, Harmony acquired the Eva Copper Project. Doornkop is an underground gold mine located in the West Wits mining district southwest of Johannesburg, in the Gauteng Province. The Free State Surface Operations are located near the towns of Welkom and Virginia, Free State Province, South Africa. The Free-State Surface Operations and their associated mineral rights are wholly owned by Harmony, except for the Phoenix Project. The Phoenix Project is 100% owned by Harmony's BBBEE subsidiary, Tswelopele Beneficiation Operation (Pty) Limited, of which Harmony is a 76% shareholder (5% is held by the Harmony Community Trust). Joel is located on the southern edge of the Witwatersrand Basin in the Free State Gold Field. Joel is an intermediate-depth underground gold mine that consists of two shaft complexes interconnected via a triple decline system, spanning four levels and mining at depths of 1,379m below mine datum (BMD). Kalgold is located at latitude 26°10.0'S and longitude 25°14.5'E, 55km southwest of Mahikeng, between Mahikeng and Stella, along the Mahikeng-Vryburg road (N18) in North West Province, South Africa. Kalgold is a open-pit mining operation, extracting ore from a series of satellite orebodies. Kalgold is wholly-owned and operated by Harmony. Kusasalethu is a deep level gold mine, operating at depths ranging between 2,800m and 3,300m BMD, extracting the Ventersdorp Contact Reef (VCR) and located in the West Wits mining district, Gauteng Province. Kusasalethu is wholly-owned and operated by Harmony. Moab Khotsong consists of two operating underground deep level gold mines, namely the Moab Khotsong Mine and the Great Noligwa Mine. Moab Khotsong is sub-divided by major faults into three distinct geographical mining areas. Moab Khotsong is wholly-owned and operated by Harmony. Moab Khotsong is sub-divided by major faults into three distinct geographical mining areas. Mponeng is an underground gold producing mine located in the West Wits mining district south-west of Johannesburg, on the border between Gauteng and the North West Province. Mponeng is the deepest mine in the world with development currently at 3,841m below mine datum (BMD). Target is an advanced, single-shaft, deep-level gold mine, which has been operational for approximately 30 years. Target is wholly-owned and operated by Harmony. The Tshepong North comprise the underground and surface assets, situated between the towns of Welkom and Odendaalsrus in the Free State Province of South Africa. The Tshepong South mine comprises one operating underground gold mine namely Tshepong South. Tshepong South is a mature, moderate to deep-level underground operation using conventional underground mining methods to depths of 2,427m BMD. The mines are located in the Free State Province of South Africa. Tshepong South is wholly owned by Harmony. Mine Waste Solutions consists of two distinct, geographically separated, operations namely the MWS Operation located on the Free State - North West provincial boundary, and the West Wits Operation situated in the West Rand Region of the Gauteng Province. Mine Waste Solutions and its associated mineral rights are wholly owned by Harmony. The Hidden Valley mine is located in the Morobe Province of Papua New Guinea and is 100% owned and operated by Morobe Consolidated Goldfields Limited, a wholly-owned subsidiary of Harmony. Hidden Valley mine consists of the Hidden Valley Kaveroi open pit (HVK) and Hamata open pit located approximately 6km apart and an ore processing facility in steep, heavily forested, mountainous terrain. The Wafi-Golpu Project is situated within the Morobe Province of PNG, approximately 65km southwest of Lae, the nearest commercial center. The Wafi-Golpu Project comprises the Golpu copper-gold porphyry deposit (Golpu deposit), the Wafi epithermal gold deposit (Wafi deposit) and the Nambonga copper-gold porphyry deposit (Nambonga deposit). The Eva Copper Project is located in Queensland, Australia, 76 km by road northwest of Cloncurry (pop. 3,000), and 194 km by road from the regional mining center of Mount Isa (pop. 22,000). Harmony acquired full ownership of the Eva Copper Project in Queensland, Australia. History Harmony Gold Mining Company Limited was founded in 1950. The company was incorporated and registered as a public company in South Africa in 1950.
