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Harmony output rises but safety issues still weigh

South Africa and Papua New Guinea-focused miner Harmony Gold reported rising production in the September quarter and restated full-year guidance, but an eye-watering all in sustaining cost figure of US$1,691/oz pointed to the company’s ongoing struggles on the safety front.

William Clarke
Harmony's Tshepong mine in South Africa

Harmony's Tshepong mine in South Africa

Three deaths occurred in the quarter, at Tshepong Operations, Moab Khotsong, and Mponeng, all in South Africa. Harmony on November 10 pledged to improve its safety performance, after an uptick of deaths...

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