HMY has been somewhat volitile moving up and down. It held this round with a higher low. I expect it to make a higher high and possibly start changing trend from sideways to up. It also is breaking out of a bullish flag pattern.
HMY Chart
Harmony Gold Mining Co. Ltd.
Randfontein Office Park
Corner of Main Reef Road and Ward Avenue
Randfontein, 1759
South Africa - Map
Phone: 27 11 411 2000
Fax: 27 11 692 3879
Web Site:
Harmony
DETAILS
Index Membership: N/A
Sector: Basic Materials
Industry: Gold
Full Time Employees: 38,295
BUSINESS SUMMARY
Harmony Gold Mining Company Limited engages in underground and surface gold mining. It also involves in related activities, including exploration, processing, and smelting. The company operates a total of 10 underground operations, 1 open cast mine, and 8 processing plants located in the Wi****ersrand basin of South Africa, as well as the Green Stone belt. It also holds interests in the development and exploration prospects at Hidden Valley and Wafi in Papua New Guinea. In addition, the company holds interests in the Amanab and the Mount Hagen Projects located in Papua New Guinea. As of June 30, 2009, Harmony Gold Mining Company’s prospecting interest measured 48,983 hectares in South Africa, 327,600 hectares in Papua New Guinea, and 80,123 hectares in Australia. Its mining operations included total proven and probable reserves of 48.2 million ounces. The company was founded in 1950 and is based in Randfontein, South Africa.
HMY Harmony Gold Mining Co. Ltd.
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