HARMONY GOLD MINING COMPANY LIMITED - Harmony and the Unions moving one step closer to reaching agreement
HAR 201301290045A
Harmony and the Unions moving one step closer to reaching agreement
Harmony Gold Mining Company Limited
Registration number 1950/038232/06
Incorporated in the Republic of South Africa
ISIN: ZAE000015228
JSE share code: HAR
(“Harmony” or “the company”)
HARMONY AND THE UNIONS MOVING ONE STEP CLOSER TO REACHING
AGREEMENT
Harmony Gold Mining Company Limited („Harmony? or the „Company")
advises that a second meeting was held today in terms of section
189 of the Labour Relations Act, 66 of 1995 ("LRA") between
Harmony and its Kusasalethu employees represented by the National
Union of Mineworkers (NUM), Association of Mineworkers and
Construction Union (AMCU), Solidarity and UASA (collectively
referred to as “the Unions”).
The Unions have accepted Harmony's rationale for issuing the
section 189 in terms of the LRA, which may lead to the possible
closure of the mine and the possible retrenchment of all
employees. Although the temporary closure of Kusasalethu due to
safety and security reasons remains in place, the conditions under
which the mine could be re-opened were discussed.
“We have made some progress today and we are one step closer to
finding a sustainable solution to re-opening Kusasalethu.
However, the mine remains closed until an agreement has been
reached and all the conditions of re-opening it have been agreed
upon and committed to by all the unions and other stakeholders
involved”, said Graham Briggs, chief executive officer of Harmony.
The next meeting has been scheduled for the 6th of February 2013.
Bilateral discussions between the parties will continue in the
interim.
For more details contact:
Henrika Basterfield
Investor Relations Officer
+27 (0) 82 759 1775 (mobile)
Marian van der Walt
Executive: Corporate and Investor Relations
+27 (0) 82 888 1242 (mobile)
29 January 2013
Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited
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