For thousands of other reports visit RSC's Mineral Intellingence Map
Harmony Gold Mining Company Ltd.
Summary
| Project: | Bambanani | |
|---|---|---|
| Deposit: | Bambanani | |
| Location: | South Africa | |
| Commodities: | Gold | |
| Date: | 8/21/2018 | |
| Report Code: | SAMREC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 21-8-2018: Harmony Gold Mining Company Ltd. announces a Resource Estimation report for its Bambanani deposit at the Bambanani project. Annual statement of mineral resources and ore reserves. This statement of Harmony’s mineral resources and mineral reserv | |
| Resources: | (Reserve, Prov.): 1.0Mt @ 12.08g/t Au at Bambanani | |
| CP/QP: | [Resources]: Joel Boshoff (Internal) | |
| ABSTRACT: | This statement of Harmony’s mineral resources and mineral reserves as at 30 June 2018 is produced in accordance with the South African Code for the Reporting of Mineral Resources and Mineral Reserves (SAMREC) and the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC). In this statement, mineral resources include mineral reserves. In our reporting, certain terms are used such as ‘measured’, ‘indicated’ and ‘inferred’ resources, which the United States’ Securities and Exchange Commission guidelines strictly prohibit US-registered companies from including in their filings with the United States’ Securities and Exchange Commission. United States investors are urged to consider the disclosure in this regard in our Form 20-F which is available on our website at www.harmony.co.za/investors/reporting/20f. Harmony’s total attributable gold equivalent mineral resource of 117.8Moz was declared as at 30 June 2018, a 13.0% increase year on year from the 104.3Moz declared on 30 June 2017. Gold contained in the mineral resources at the South African operations represented 60% of Harmony’s total, with the Papua New Guinea assets representing 40% of total gold and gold equivalent mineral resources as at 30 June 2018. Harmony’s total attributable gold and gold equivalent mineral reserves amounted to 36.8Moz of gold, a 0.3% increase on the 36.7Moz declared at 30 June 2017. Gold reserve ounces at our South African operations accounted for 46% while the Papua New Guinea gold and gold equivalent ounces represented 54% of Harmony’s total mineral reserves as at 30 June 2018. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report