Harmony Gold to boost output gains after pandemic hit

The gold mining complex is on track to improve on its record performance, with last year’s production expected to reach a new peak.

Last year, the miner sold other coal assets that exclusively supplied South Africa’s power utility Eskom, including New Vaal, New Denmark and Kriel collieries.

The stock fell by 21%, the steepest intraday decline since September, after the miner lowered production forecasts and confirmed that a stronger South African currency would knock annual profits.

Focus on platinum-palladium prices and ratios over the past 48 years.

Robert’s “reality distortion” was on full display during his visit.

A South African businessman now living in Canada wants to sell a unique collection of solid gold items intimately associated to Nelson Mandela, which he bought for about $360,000 in 2003.

ZCCM-IH launched action in Oct 2016 to sue First Quantum over claims that the company borrowed $2.3bn from copper mining subsidiary without informing them.

Diamonds recovered during sampling at the project were not sufficient to produce a modelled diamond valuation, said the company.

The company beat expectations on Thursday with a 5% increase in 2017 production.