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Harmony endures tough six months

SOUTH African-based Harmony Gold produced 3.3 million ounces of gold during the fiscal 2004, up 1...

Sarah Belfield Belfield
Harmony endures tough six months

During 2003-04, Harmony experienced a strengthening rand, a 12% drop in revenue to R85,210 per kilogram of gold, and net operating profits down 76% to R580 million. While cash earnings were R2.29 per...

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