Monday, February 22, 2010

Mining Equipment: Major South African Gold Mining company Harmonyto Produce 100,000 Oz over the Next 12 Months

Mining Equipment: Major South African gold mining company Harmony sees the Free State assets it bought from Pamodzi Gold to produce around 100 000 oz over the next 12 months with its purchased mining equipment. Harmony said that it is expecting production from the Steyn 1, Steyn 2 and Lorraine 3 shafts to 150 000 oz in the second 12-month period. During the past few months, Harmony conducted preproduction work at the Pamodzi shafts to make the operations safe and return them to production.

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