CAPITAL MARKETS

Harmony scraps shaft for trucks at Hill 50

SOUTH Africa's Harmony Gold has dropped plans for a A$20 million hoisting shaft at its Hill 50 underground mine in Western Australia, opting instead for new generation power-trailer roadtrain trucks.

Stephen Bell

The first two of five trucks manufactured by Northern Territory-based Gulf Transport are due to arrive at Hill 50 later this month and the full fleet should be running by mid-year. It is a bold move...

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