Harmony Gold Mining / HMY (NYSE), HAR (SA) und Gold Fields / GFI

    Bei dem jetzigen Kurs von Harmony kann man sicherlich einen Zock machen und kaufen.
    Das kann man mit vielen z.Zt. wie die Gammon oder Eldorado auch.
    Kissen darunterwerfen ist eine gefaehrliche Sache falls sie nicht hochkommt die Disharmony.
    Klar wie die anderen auch fiel die GFI in Sympathie mit.
    Selbst AU steht da wo sie vor Jahren war im Gegenteil zu GFI.
    Wer Afrika Lotto spielen will der kann das gerne tun.
    Von wegen noch staerkerer Rand, es scheint nun alles umgekehrt zu laufen, naja unser Tito redet von Zinserhoehungen und die Inflation treibt die Menschen noch mehr in die Kriminalitaet das den Rand noch staerker macht. :D
    Wenn mal Anarchie oder ein zweites Zimbabwe da ist wird der Rand noch staerker glauben hier einige.
    Afrika ist ein Fass ohne Boden, wann kapiert ihr das mal.
    Wenn Swanepoel eine Chance gesehen haette dann waere er nicht gegangen (worden).
    Der Druck und Kritik die er kassierte kriegt nun ein anderen der auch nicht viel mehr ausrichten kann.
    Ich habe es schon oft erwaehnt wo noch Harmony oben war sie zu verkaufen aber man hoert eben nicht.


    Man lernt nur von Schmerzen, erspart Euch den.


    MfG


    XEX

    Etwa in 1975 habe ich Stilfontein gekauft fur 70 belgische franken
    Nach zwei jahr hat meine bank angerufen um zu sagen eine solche
    kleine post ist zwecklost wann meine 4 andere ( amerikaner) 10 falt groesser waren . Das ware eine gratis bankanayse ;(
    Nach den anruf hat Stilfontein 3 jahr hochgegehen bis 1100 franken
    Damit habe ich mir in 1981 ein Alpina 323 gekauft war ein schoenes jahr


    Ich habe einmal alles verloren mit eine australische goldminen die duch die gleiche bank introduciert ware
    Nun habe ich seit 20 jahr ein andere bank ( und dieselbe problemen )
    die moechten mein geld fur 3.9% haben ?(


    Fur meine folgende auto habe ich DROOD gekauft :P
    Werde vielleicht ein kinderwage werden ohne batterie :)

    Pfeif drauf, ich habe schon so viel Geld verloren und da kommt es auf ein paar Harmony heute auch nicht mehr an. :D


    Bei der Droppy bin ich schon laaengst ausgedropped.


    Hier ein Artikel :


    I'm not terribly interested in attempting to catch this particular falling knife, with so many other beaten-down gold producers to choose from today. Sure, I ragged on Yamana Gold (NYSE: AUY) back in May, but the further it falls, the easier it gets to reconcile our differences. Yamana is starting to look pretty good in comparison to Harmony and Gold Fields (NYSE: GFI), another South African miner suffering from


    severe cost pressures and stagnant production. :(


    http://www.fool.com/investing/…cord-at-harmony-gold.aspx


    Mit dem Zocke ich auch auf einen fallenden Rand der unvermeidlich ist bei den Chaoten die im Land sind. :D


    Bring the Chinese in and their labourer and you will see what Production is.

    Von der Harmony-Webseite
    = Link: http://www.harmony.co.za/im/press_display.asp?pressId=81


    ----------------------------------------------------------------


    Trading statement


    6 August 2007


    Harmony Gold Mining Company Limited (Harmony) announces that its financial results for the quarter ending 30 June 2007 are expected to differ significantly from those of the three previous quarters as well as from the analysts’ consensus.


    Shareholders are advised that Harmony expects to announce a headline loss per share of between 130 and 160 SA cents per share for the June 2007 quarter, compared with the March 2007 quarter headline profit of 58 SA cents per share. It is expected that a headline profit of between 20 and 30 SA cents per share will be reported for the 2007 financial year compared with a headline loss of 269 SA cents per share for the 2006 financial year.


    This quarter-on-quarter variance is attributable to a combination of lower production and an increase in costs. Gold production is expected to be down by between 8% and 12%, mainly due to, and as previously disclosed, production incidents at Bambanani and Joel, lower grades mined at Tshepong as well as the underperformance at Mt Magnet’s underground operations in Australia. Progress on rectifying this situation will be reported at the June 2007 results presentation to the investment community.


    The combination of lower production and higher cost will result in the June 2007 quarter’s cash cost per kilogram being up by between 35% and 45%. Harmony’s total cash operating costs are up by between 25% and 28% quarter-on-quarter. The company ascribes this in part to the newly installed accounting software system that resulted in some of the March quarter’s costs being captured in the June 2007 quarter and thus the average of the last six months’ cost would be a more accurate reflection of the company’s current cost base.


    During the last six months, the company’s cost base increased by between 8% and 12% on the previous six months. The increase in costs is mainly due to consumables (stores) and supervisory labour and detailed plans are being implemented to address the production and cost issues.


    Shareholders are advised of the resignation of the Chief Executive, Bernard Swanepoel, with immediate effect and the appointment of Graham Briggs as acting Chief Executive.


    “Harmony’s management remains committed to creating shareholder value by addressing the company’s cost issues, through disciplined mining and a back to basics approach.” says acting Chief Executive Graham Briggs.


    The financial information on which this trading statement is based has not been reviewed nor reported on by the company’s auditors. Due to the time taken to install new software and the need to have externally audited numbers available, the announcement of Harmony’s quarter and year-end financial results has been postponed to Monday, 27 August 2007.


    Johannesburg
    6 August 2007

    JOHANNESBURG (MarketWatch) -- Harmony Gold Mining Co. (HMY:
    harmony gold mng ltd sponsored adr) Monday announced the unexpected resignation of Chief Executive Bernard Swanepoel after 12 years at the helm Africa's third-largest gold producer.
    Swanepoel's departure marks the third high-profile CEO to step down from a South African mining company in about a week after the heads of AngloGold Ashanti Ltd. (AU: anglogold ashanti ltd sponsored adr) and Anglo Platinum Ltd. (AMS.JO) quit. His leaving sparked a sharp fall in Harmony's share price.
    No reason for Swanepoel's resignation was given by the company, and Swanepoel was no longer available at his former offices. The announcement, however, coincided with the release of a trading update that said Harmony had swung to a loss in the fourth quarter.
    Swanepoel, 45, has long been the public face of the gold company he helped grow from a single mine to the fifth-largest gold producer globally.
    The stock ended ZAR15.20, or 16%, lower at ZAR80.60, outpacing a decline in the wider market and a 5.4% drop in AngloGold to ZAR272.50. Ahead of Monday's drop, Harmony's shares were already down 14% on the start of the year.
    "I am confident that Harmony will continue to grow under new leadership and benefit from the strategy that we have developed over the past few years," Swanepoel said.
    Harmony said Graham Briggs, managing director of Harmony Australasia, has been named acting CEO. He joined Harmony in 1995 as manager of new business and has held a number of roles, including operations director of the company's assets in South Africa's Free State province.
    Several analysts said Swanepoel's resignation came as a surprise, but that in all likelihood it is tied to the company's poor fourth-quarter results. However, as the veteran dealmaker has become synonymous with Harmony, his leaving is a blow to the company, they said.
    "For it to have happened so suddenly, and with immediate effect, I wouldn't think the (timing of the) trading update is any coincidence," Mandla Mapondera at boutique investment house Old Mutual Investment Group said.
    The company said it swung to headline loss of between 130 cents ($0.18) and 160 cents a share for the fourth quarter, against a profit of 58 cents in the previous three-month period. For fiscal 2007, it said it moved to a headline profit of between 20 cents and 30 cents a share against a loss for 2006 of 269 cents.
    Headline earnings - the figure generally followed by South African analysts - strips out non-operating, capital and certain other items. Mining companies and analysts tend to review financial results on a quarter-on-quarter basis.
    Harmony said the figures for the quarter to the end of June are expected to differ significantly from analyst consensus expectations.
    Harmony's gold production fell by between 8% and 12% in the fourth quarter from the previous three months, due mainly to incidents at its Bambanani and Joel operations, lower grades mined at Tshepong as well as the underperformance at Mt Magnet's underground operations in Australia. It also said its fourth-quarter's cash cost per kilogram were up by between 35% and 45%.
    "Harmony's management remains committed to creating shareholder value by addressing the company's cost issues, through disciplined mining and a back to basics approach," acting CEO Briggs said.
    Harmony has postponed the release of its quarter and annual results to Aug. 27. It had previously scheduled the release of the results for Aug. 13.
    Swanepoel began his gold mining career at South Africa's Grootvlei mine in 1983 after graduating from the University of Pretoria with a mining degree. From working underground, he moved up to become director in 1993 of Beatrix Mines, which is now owned by Harmony.
    Since taking over as CEO in 1995, he expanded Harmony to more than 20 individual mines in Australia, Papua New Guinea and South Africa through a series of acquisitions. Swanepoel's most ambitious deal was perhaps the failed takeover offer for Gold Fields Ltd. (GFI: gold fields ltd new sponsored adr) in 2005.
    Last Monday, Angloplat CEO Ralph Havenstein unexpectedly resigned. A day later, AngloGold said CEO Bobby Godsell was retiring after more than nine years in charge and roughly three decades with the company.
    Insiders at Anglo American, which has a majority interest in the platinum producer and an almost 42% share in AngloGold, have insisted the timing of the departure was coincidental. It is widely understood Havenstein was pushed to quit because of the company's poor safety record.
    "You're seeing executives in other industries stepping down after less than 10 years," an analyst said. "The two gold CEOs are probably looking at this and saying they have been in charge longer, so perhaps it's time to resign and introduce new blood."
    Company Web site: http://www.harmony.co.za

    Unions last week declared a dispute with AngloGold Ashanti Ltd. (AU: anglogold ashanti ltd sponsored ad) , Gold Fields Ltd. (GFI: gold fields ltd new sponsored adr) and Harmony Gold Mining Co. (HMY: harmony gold mng ltd sponsored adr) , which are being represented in negotiations by the Chamber of Mines.

    JOHANNESBURG, Aug 06, 2007 (Dow Jones Commodities News via Comtex) -- Harmony Gold Mining Co. (HMY) Monday said Chief Executive Bernard Swanepoel has resigned with immediate effect.
    The South African company said it has named Graham Briggs, managing director of Harmony Australasia, as acting CEO with immediate effect.

    JOHANNESBURG, Aug 07, 2007 (Dow Jones Commodities News via Comtex) -- Harmony Gold Mining Co's (HMY) outgoing chief executive is making way from someone with fresh passion to take over the gold producer and will spend the next couple months deciding his future, industry news Web site miningmx.com reported.
    "There is no doubt that in the next three or four years the Harmony we've been building will be visible to everyone, but three years is a long time," Bernard Swanepoel was quoted as saying in an interview with miningmx published late Monday.
    "It needs someone with passion and energy. I've been with Harmony for 12 years and wasn't sure I wanted to be there for another three or four more," Swanepoel said.
    Harmony Monday said Swanepoel had resigned with immediate effect. Graham Briggs, managing director of Harmony Australasia, has been named acting chief executive.
    Swanepoel's departure coincided with a trading update in which Harmony said it swung to headline loss of between 130 South African cents ($0.18) to 160 cents a share for the fourth quarter, against a profit of 58 cents in the previous three-month period, as production declined and costs jumped.
    "It's most unfortunate that after such a long time with the company that my resignation coincides with results like that," miningmx quoted Swanepoel as saying.
    The discussion about his departure from the company had been going on "a long time", Swanepoel said. "I definitely resigned. No doubt. The board had enough reasons to fire me long before this," he said.

    Harmony Gold Mining Co. said Chief Executive Bernard Swanepoel has resigned after 12 years at the helm of one of the world's largest gold producers.


    Mr. Swanepoel's departure marks the third high-profile chief executive to step down from a South African mining company in about a week after the heads of AngloGold Ashanti Ltd. and Anglo Platinum Ltd. quit. In 4 p.m. composite trading ...

    JOHANNESBURG, Aug 06, 2007 (Dow Jones Commodities News via Comtex) -- South African minerals and mining company Petmin Ltd. (PET.JO) said Monday that Ian Cockerill, chief executive of Gold Fields Ltd. (GFI), has agreed to join its board as an independent non-executive director.
    "We will benefit enormously from the contribution of someone of Ian's caliber. His expertise and experience in the areas of mining, corporate strategy and governance will be invaluable as we continue our acquisition trail and the building of an international platform," Petmin Chairman Piet Nel said in a statement.
    Cockerill will join Petmin's board effective October 1.
    Gold Fields is the world's fourth-largest gold producer, turning out more than 4 million troy ounces from mines in five countries.
    Cockerill's appointment follows the resignation of Jabu Mabena as a non-executive director with effect from August 1.
    Formerly Petra Mining Ltd., Petmin is listed on the Johannesburg securities exchange. Its principal mining assets are the country's largest silica mine, SamQuarz, about 85 kilometers east of Johannesburg, anthracite producer Springlake Colliery and the Somkhele anthracite project.
    The company has said it intends to develop an international multi-commodity minerals business, pursuing organic growth and suitable acquisition targets.
    Company Web site: http://www.petmin.co.za

    Nach Swanepoel tritt der Finanzchef zurück, vor Veröffentlichung der Zahlen am Montag. Wie spannend.


    Harmony Gold Mining Company Ltd. [NYSE:HMY; LSE:HRM] financial director Nomfundo Qangule has resigned with immediate effect.


    Qangule’s departure quickly follows Harmony CEO Barry Swanepoel’s exit. Both left the company ahead of its fiscal year results, to be released Monday. The results are expected to show a significant loss.
    http://www.resourceinvestor.com/pebble.asp?relid=35002

    Zitat

    Original von Ulfur
    Nach Swanepoel tritt der Finanzchef zurück, vor Veröffentlichung der Zahlen am Montag. Wie spannend.


    Offenkundig rechnet man bei Harmony mit einem Bilanzskandal, deshalb nun geht die Führungsmannschaft von Bord.


    Rumors surface of 'massive' accounting hole at Harmony Gold


    Harmony’s Financial Director Nomfundo Qangule quits amid rumours of a massive “hole” in Harmony’s accounts.


    Author: Barry Sergeant
    Posted: Wednesday , 22 Aug 2007


    JOHANNESBURG - Nomfundo Qangule, financial director of Harmony since July 2004, resigned with immediate effect on Wednesday amid rumours of a massive "hole" in Harmony's accounts. The dramatic announcement follows the resignation, also with immediate effect, of Bernard Swanepoel as Harmony CEO on August 6.


    Those familiar with the situation say that problems with Harmony's accounts fell exclusively in the domain of honest incompetence, but concede that the extent of the number problems had triggered Swanepoel's departure. The ballpark figure mentioned is around R2bn (US$270 million) which, being historic, may be limited as to any further damage.



    http://www.mineweb.net/mineweb…age34?oid=25804&sn=Detail


    mfG - Goldcore

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