Harmony Gold Mining Company Limited announced today that it expects its gold production for the quarter ended 31 March 2013 to be approximately 15% lower than in the previous quarter. Harmony Gold attributes this dip in gold production to a number of factors, including the temporary closure of the Kusasalethu gold mine in South Africa for safety reasons. Although more than half of the employees have returned to Kusasalethu, the company anticipates normal production levels to only resume in June 2013. Other factors which affected production were the ventilation challenge at Phakisa and the all around slow start-up at other operations following the festive season. The company will release its results for the quarter ended 31 March 2013 via webcast on Friday 3 May 2013.
Source: Africamining
