Harmony Gold Turns Predator on Deal Hunt to Fill Output Gap

Updated on
  • Purchase a ‘necessity’ for gold miner to offset closures: CEO
  • Harmony, which lost money in 2015, could borrow 5 billion rand

Harmony Gold Mining Co. is willing to use debt and equity to buy a profitable mine that will offset falling production in South Africa and help fund a major new project in Papua New Guinea, Chief Executive Officer Peter Steenkamp said.

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