Harmony Gold Mining

Witwatersrand Basin, South Africa - Exploration in Papua New Guinea

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Message: Jan 08, 2009 Reuters - Output seen at 1.6 million oz in FY 2009

Jan 08, 2009 Reuters - Output seen at 1.6 million oz in FY 2009

posted on Jan 08, 2009 04:14AM

JOHANNESBURG, Jan 08, 2009 (Reuters via COMTEX News Network) -- Harmony Gold Mining Co Ltd:

* CEO says capex for 2009 to remain intact despite credit crunch, sees no
job losses

* Well on way" to net debt free position by June -CEO

* Involved in due diligence on acquisition targets, but unlikely to make
buys by June -CEO

* CEO says gold price to "climb a little" to $900 per ounce in 2009

* Output seen at 1.6 million oz in FY 2009, 1.75 million oz in FY 2010, and rise to 2.2 million oz by FY 2012 -CEO

(Johannesburg newsroom, +27 11 775 3155)

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