{"id":8871,"date":"2012-03-13T15:09:32","date_gmt":"2012-03-13T13:09:32","guid":{"rendered":"http:\/\/www.myza.co.za\/03\/harmony-gold-eyes-hk-listing-when-key-project-up\/"},"modified":"2012-03-13T15:09:32","modified_gmt":"2012-03-13T13:09:32","slug":"harmony-gold-eyes-hk-listing-when-key-project-up","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/harmony-gold-eyes-hk-listing-when-key-project-up\/","title":{"rendered":"Harmony Gold eyes HK listing when key project up"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>RANDFONTEIN, South Africa, March 13 (Reuters) &#8211;<br \/>\n Harmony Gold, South Africa&#8217;s third-largest bullion<br \/>\nminer, said on Tuesday it would consider a Hong Kong listing<br \/>\nonce its massive Wafi-Golpu project in Papua New Guinea is up<br \/>\nand running in around 5 years time.<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>&#8220;We would certainly look at a Hong Kong listing,&#8221; said<br \/>\nMashego Mashego, an executive director at Harmony.<\/p>\n<p><span><\/span><\/p>\n<p>Speaking to Reuters during an underground visit at Harmony&#8217;s<br \/>\nDoornkop mine west of Johannesburg, Mashego said the Wafi-Golpu<br \/>\ncopper-gold project should cost between $3 billion and $5<br \/>\nbillion to develop.<\/p>\n<p><span><\/span><\/p>\n<p>The company has previously said it could cost up to $4<br \/>\nbillion. It will be responsible for half the total amount as the<br \/>\nproject is a 50-50 joint venture between Harmony and Australia&#8217;s<br \/>\nNewcrest Mining.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;We will have a far better idea of the potential and costs<br \/>\nof Wafi-Golpu in June when the pre-feasibility study is<br \/>\ncompleted,&#8221; Mashego said.<\/p>\n<p><span><\/span><\/p>\n<p>Wafi-Golpu will be Harmony&#8217;s second operation in Papua New<br \/>\nGuinea. Its Hidden Valley mine already contributes eight percent<br \/>\nto the company&#8217;s production.<\/p>\n<p><span><\/span><\/p>\n<p>Wafi-Golpu is seen producing between 400,000 ounces to<br \/>\n700,000 ounces of gold and 100,000 tonnes to 200,000 tonnes of<br \/>\ncopper per year and is key to Harmony&#8217;s strategy of diversifying<br \/>\naway from its South African base.\t<\/p>\n<p> (Reporting by Sherilee Lakmidas, editing by Ed Stoddard and<br \/>\nMark Potter)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RANDFONTEIN, South Africa, March 13 (Reuters) &#8211; Harmony Gold, South Africa&#8217;s third-largest bullion miner, said on Tuesday it would consider a Hong Kong listing once its massive Wafi-Golpu project in Papua New Guinea is up and running in around 5 years time. &#8220;We would certainly look at a Hong Kong listing,&#8221; said Mashego Mashego, an [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-8871","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=8871"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8871\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=8871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=8871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=8871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}