Harmony expects higher gold output, job saving at profitable Doornkop

摘要

GOLD mining company Harmony Gold last week guided job saving, higher production and a return to profitability at the lossmaking Doornkop gold mine onthe West Rand. The company says in a quarterly and year-end guidance update that thejobs of 3 100 employees and contractors are likely to be saved at Doornkop, the company's overall gold productionin the three months to June 30 will be 4% to 5% h igher at 1.08-million ounces and restructuring with union buy-in has set the troubled Doornkop on the road back to profitabil ity.