Harmony Gold suspends Tshepong mine project, warns of profit hit.
Harmony chief executive officer Peter Steenkamp said the Tshepong operations, which contributed 16% of Harmony’s 2021 production of 1.54 million ounces, would be split into two separate units – Tshepong North and Tshepong South.
He said the “tough decision” was taken to ensure Harmony continued to mine in a sustainable and profitable manner.
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