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13 dead in one year. Wow!

Posted by ipso facto @ 11:00 on August 21, 2018  

Harmony Gold swings to loss, sees deaths at operations mount

Harmony Gold (JSE:HAR) (NYSE:HMY), the world’s fifth largest producer of the precious metal, swung to a net loss for fiscal 2018 after booking impairment costs at a number of its mines, as well as an additional loss due to foreign-currency effects.

The South African gold miner posted a 43% drop in annual earnings, or a 4.47 billion South African rand loss (about $309 million), compared to a net profit of 362 million rand in fiscal 2017.

It also revealed a significant setback in terms of safety at its operations, with 13 workers killed in the 12-month period to June 30, compared to just five in 2017.

cont. http://www.mining.com/harmony-gold-swings-loss-sees-deaths-operations-mount/

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.