Source: ItnewsAfrica
Investment Thesis
The South African Harmony Gold Mining (HMY) is a prolific gold miner that operates mainly in South Africa. Further, Harmony is active in Papua New Guinea, where it owns the Hidden Valley mine - an open-pit gold and silver mine - and owns 50% interest in the Morobe Mining Joint Venture, which includes the Wafi-Golpu project and extensive exploration areas. Please look at the map below.
The company has a total of nine underground mining operations, one open-pit mine, and several surface operations in South Africa. The gold production