| Business Summary | | Harmony
Gold
Mining
Co.
is
a
mining
company
operating
in
all
the
main
gold
producing
regions
of
South
Africa.
Its
main
operations
are
situated
in
the
Free
State,
Evander
and
Randfontein
regions
of
the
Witwatersrand
basin,
as
well
as
the
Kalgold
and
Bissett
greenstone
hosted
mines.
The
Free
State
operation
was
the
Company's
sole
producer
in
1995,
and
has
increased
its
output
from
580,000
ounces
per
year
in
1995
to
850,000
ounces.
Evander,
which
was
acquired
in
1998,
produces
400,000
ounces
a
year.
In
1998
and
1999,
Harmony
acquired
the
Bissett
operation
in
Canada
and
Kalgold
in
South
Africa.
Although
these
operations
do
not
contribute
significant
ounces
to
the
company's
production
base,
Bissett
and
Kalgold
respectively
incorporate
international
and
opencast
capacity
to
Harmony's
profile.
In
January
2000,
Harmony
started
the
acquisition
process
of
Randfontein,
which
will
contribute
an
annualized
production
in
excess
of
800,000
ounces. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Harmony
Gold
Mining
Company
is
engaged
in
gold
mining
and
related
activities
in
South
Africa
and
Canada;
exploration,
mineral
and
participation
rights
in
South
Africa
and
elsewhere
in
Africa.
For
the
six
months
ended
12/31/00,
revenues
totalled
SAF2.14
billion.
Net
income
totalled
SAF215.4
million.
Results
are
not
comparable
due
to
Company
not
disclosing
any
quarters
from
fiscal
year
2000
in
the
latest
6-K. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Lionel Hewitt, 67 | Chairman | Bernard Swanepoel, 38 | CEO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|