{"id":9901,"date":"2012-04-13T16:10:51","date_gmt":"2012-04-13T14:10:51","guid":{"rendered":"http:\/\/www.myza.co.za\/04\/corrected-update-1-harmony-gold-march-quarter-output-sharply-down\/"},"modified":"2012-04-13T16:10:51","modified_gmt":"2012-04-13T14:10:51","slug":"corrected-update-1-harmony-gold-march-quarter-output-sharply-down","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/corrected-update-1-harmony-gold-march-quarter-output-sharply-down\/","title":{"rendered":"CORRECTED-UPDATE 1-Harmony Gold March quarter output sharply down"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>(Corrects pvs quarter figure, this quarter calculation)<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* CEO softens tone on safety drive<\/p>\n<p><span><\/span><\/p>\n<p>* March output around 283,000 oz-Reuters calculation<\/p>\n<p><span><\/span><\/p>\n<p>* Harmony shares lose almost 2 percent<\/p>\n<p><span><\/span><\/p>\n<p>By Ed Stoddard<\/p>\n<p><span><\/span><\/p>\n<p>JOHANNESBURG, April 13 &#8211; Harmony Gold, South<br \/>\nAfrica&#8217;s third-largest gold producer, on Friday became the<br \/>\nlatest miner to report a sharp drop in output in the first 3<br \/>\nmonths of 2012 because of an increase in government-ordered<br \/>\nsafety stoppages.<\/p>\n<p><span><\/span><\/p>\n<p>Harmony&#8217;s share price extended losses on the news to be<br \/>\nalmost 2 percent lower at 1140 GMT, underperforming gains of<br \/>\n0.12 percent on the Top 40 index of blue-chip stocks..<\/p>\n<p><span><\/span><\/p>\n<p>Harmony&#8217;s announcement that output would be 18 percent lower<br \/>\ncompared to the previous quarter came a day after official data<br \/>\nshowed gold output in South Africa had fallen 11.5 percent in<br \/>\nvolume terms in February on an annual basis.<\/p>\n<p><span><\/span><\/p>\n<p>Platinum output in the same period fell almost 50 percent.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Corrects pvs quarter figure, this quarter calculation) * CEO softens tone on safety drive * March output around 283,000 oz-Reuters calculation * Harmony shares lose almost 2 percent By Ed Stoddard JOHANNESBURG, April 13 &#8211; Harmony Gold, South Africa&#8217;s third-largest gold producer, on Friday became the latest miner to report a sharp drop in output [&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-9901","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\/9901","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=9901"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9901\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=9901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=9901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=9901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}