Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Johannesburg. Tuesday, 27 September 2011. Harmony Gold Mining Company Limited (Harmony) regrets to advise that following an ore pass accident and subsequent rescue efforts, an employee and two members of an external rescue team were fatally injured yesterday at its Evander mine in Mpumalanga.
Investigations are currently underway to establish the causes of the accidents. Operations at the mine have been stopped until investigations have been completed.
Harmony’s Chief Executive Officer, Graham Briggs and his management team, express their sincere condolences to the families and colleagues of the deceased men.