SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ild who wrote (217622)1/30/2003 9:41:02 AM
From: ild  Read Replies (2) of 436258
 
HARMONY DISPOSES OF ITS STAKE IN PLACER DOME

Johannesburg – 30 January 2003 - Harmony Gold Mining Company Limited
(NYSE: HMY: JSE: HAR) today announced that it has disposed of its 1,9% shareholding in Placer Dome. The 7 586 422 shares, which were classified as a
non-core investment, were sold at an average price of US$11.52 per share, realising some US$87 million.

“This disposal concludes our very successful investment which was originally made in Goldfields Limited of Australia, at a cost of R225 million. The cash proceeds from this transaction will further enhance the strength of the company’s balance sheet,” commented Bernard Swanepoel, chief executive.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News