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

""Ist aber immer noch ein feines Stöffchen.""

Man kann darauf suechtig werden, Gottseidank betrifft es mich nicht.
Ich hatte Kopfschmerzen davon was Swanepoel mir gemischt hat mit seiner feindlichen Uebernahme.

Ich goenne es Dir Tambok.

Harmony spent nearly half its available cash in Q3....

Heute die nächste Portion Harmony verkauft.

Wird das was mit Kaffern-Minen, dann gibt´s stärkeren Stoff.

Ich traue es dem Trottel Swanepoel schon zu, vor allem weil schon in den letzten 2 Tagen GFI abgefallen ist.

Die Jungs brauchen Geld !!!

Naja, das ist was Dippenaar sagt, der zweite Suedaffe im Laden.

UPDATE 2-Harmony Gold denies selling Gold Fields stake
Wed Nov 16, 2005 04:00 AM ET

(Adds fund manager, analyst comment, updates shares)
By Eric Onstad

JOHANNESBURG, Nov 16 (Reuters) - South Africa's Harmony (HARJ.J: Quote, Profile, Research) on Wednesday denied a report that it was selling its remaining 5.4 percent stake in rival Gold Fields Ltd (GFIJ.J: Quote, Profile, Research) , but fund managers said a book-building exercise had been attempted. When asked about a report by news agency Bloomberg that Harmony was selling the stake, quoting investment bank Merrill Lynch, Chief Executive Bernard Swanepoel told Reuters:

"I can tell you that's factually incorrect. As we sit here now, it certainly hasn't been sold."

Merrill Lynch was not immediately available for comment.

Harmony, the world's sixth-largest gold producer, acquired the shares during a failed hostile takeover bid for Gold Fields, the fourth-largest gold miner.

"We've been commenting regularly on our position and we've consistently said that if we were to dispose of Gold Fields shares we would keep the market informed ... we will certainly comment when we have done anything like that," Swanepoel added.

BOOK BUILDING

Some analysts and fund managers in Johannesburg said they had talked to investors in the United States who had been approached by Merrill about a book-building exercise in Gold Fields shares.

"Our traders got calls from Merrill and some of the clients as well," said an analyst.

Swanepoel could be correct in denying the report if the book building had not concluded and the shares have not yet been actually sold, he added.

Analyst Leon Esterhuizen at Investec Securities said he had no first-hand information about the situation, but he speculated that the shares might have been offered but the price was not satisfactory.

"Nobody knows what's going on, but maybe they said we're prepared to sell at spot, but then didn't get a good price so pulled it."

Gold Fields New York listed shares (GFI.N: Quote, Profile, Research) tumbled 7.35 percent to $13.48 on Tuesday amid the reports of a share sale.

The Johannesburg listed shares, which have surged by 35 percent this year, fell 2.2 percent to 93.90 rand by 0815 GMT.

Harmony shares gained 1.1 percent to 94 rand.

Harmony's all-share bid for bigger Gold Fields collapsed in May after a bitter, seven-month battle.

In June, Harmony sold over half of its 11.5 percent Gold Fields stake in June for $315 million to help boost its cash position. That part of the stake, consisting of 30 million shares, was sold in the United States at $10.50 per share.

nachdem ja dies der Hauptthread zu GFI ist, poste ich auch hier nochmals diese Info. Sorry für die Doublette im anderen Thread:

******************
so - frisch vom Ticker: nun ist das Harmony-Störfeuer bei GFI endlich beendet (siehe unten) ! Nun kann sich der Kurs endlich wieder entsprechend den Goldpreis-Aussichten und dem Randstand entwickeln.

Kann somit eigentlich nur aufwärts gehen!

Pauli

_______________________________________
Harmony sells Gold Fields stake for $360 mln
Wed Nov 16, 2005 3:39 PM GMT

By Eric Onstad

JOHANNESBURG (Reuters) - South Africa's Harmony sold its remaining 5.4 percent stake in rival Gold Fields Ltd for 2.47 billion rand on Wednesday, boosting its balance sheet.

Harmony, the world's sixth biggest gold producer, said in a statement it sold 26.5 million shares at an average price of 93.228 rand per share.

Gold Fields shares, which have surged by 35 percent this year, fell 2.1 percent to 94 rand by 1305 GMT while Harmony share gained 1.28 percent to 80.87 rand.

Harmony issued a statement confirming it had sold the stake only hours after Chief Executive Bernard Swanepoel denied reports the firm was selling the shares.

"The disposal of our remaining shares in Gold Fields has significantly strengthened our balance sheet," Swanepoel said in the statement.

Harmony's cash and equivalents fell by 47 percent during the first quarter from July to September to 970.8 million rand.

MARKET OFFERING

Harmony said the disposal took place through market selling that started on November 10 and an open market offering on November 15 and 16 with Merrill Lynch South Africa as sole bookrunner.

Harmony acquired the shares during a failed hostile takeover bid for Gold Fields, the fourth-largest gold miner. Harmony's all-share bid for bigger Gold Fields collapsed in May after a bitter, seven-month battle.

In June, Harmony sold over half of its 11.5 percent Gold Fields stake in June for $315 million to help boost its cash position.

That part of the stake, consisting of 30 million shares, was sold in the United States at $10.50 per share.

Last month, Harmony posted a slightly narrower first-quarter headline loss on Monday, but it missed analysts' forecasts as production slipped due to a strike and operational problems.

Harmony, which had been hit hard by a strong rand in recent years that hit export earnings, posted its ninth consecutive headline loss.

Harmony is the least diversified of major South African gold producers geographically, with 90 percent of its production from South Africa.

Siehe Update von mir oben, Dippenaar denied !

Ein Bekannter von mir sagte das land ist voller Betrueger und um hier weiter zu kommen muss man selbst betruegen.

""with 90 percent of its production from South Africa""""

Dippenaar und Kebble habe ich kennengelernt, die luegen wie gedruckt.

Kosmetic News, der Rand muss erst fallen damit sich kraeftig was aendert.

Die spielt mit dem Top IMO und da wuerde ich erstmal noch warten.

Ich bestimmt nicht, I learnt my lessons.

Wenn schon, dann GFI.

Good luck guys, anyway !

XAX

Mir faellt noch was ein, oft darueber geraetzelt, ich hatte immer den Verdacht das der Amerikaner im Hintergrund die News von RSA macht.
Da ist auch eine Verbindung mit den Reserve Banks, Tito hupft mit.
Man laesst das Land runter gehen durch die Schwarzen, bis auf die Minen, und dann kauft man sich guenstig ein wenn der Rand im Arsch ist und ""rettet"" das Land.

Oder befreit es !

Die neue Botschaft hier in Kapstadt ist mehr als eine ""neue Botschaft.""

Gruss

XAX

HARMONY DISPOSES OF ITS REMAINING SHARES IN GOLD FIELDS LIMITED

Johannesburg, Wednesday, 16 November 2005 - Harmony (NYSE: HMY; JSE: HAR) today
announced that it had disposed of its remaining 26,5 Million Gold Fields Limited
shares at an average price of R93.228 per share. The process was concluded
through market disposals which commenced on 10 November 2005 and an open market
offering on 15 and 16 November 2005.
"The disposal of our remaining shares in Gold Fields has significantly
strengthened our balance sheet. In addition, with Harmony"s re-structuring
process being concluded during the previous quarter, the company is well-
positioned to fully exploit the current higher gold price in Rand/kg terms.
This bodes well for Harmony who through the development of our range of growth
projects in South Africa and Papua New Guinea will be transformed from a high
cost marginal producer to producing high margin quality ounces", commented
Harmony CEO, Bernard Swanepoel.
Merrill Lynch South Africa acted as sole bookrunner for this transaction.
A full SENS announcement with more details regarding the disposal will follow.
ENDS
Issued by Harmony Gold Mining Company Limited
16 November 2005
For more details contact:
Bernard Swanepoel
Chief Executive
on +27(0)83 303 9922
or
Ferdi Dippenaar

@ Hallo Aladin,

bin in GFi und AU noch hoch positioniert,der Rest den ich noch in SA habe sind Werte unter 1% vom gesamt Depot.

Gruss hpoth

Hpopth

Wenn ich noch was kaufen wuerde dann GFI da sie durch den verkauf von HMY geschwaecht wurden in den letzten Tagen.

Den Rest fasse ich nicht an mit den starken Rand der nicht nachgeben will.

Gruss und viel Glueck

XAX

Sollte man wirklich noch rein? Hatte mal GOLI-Pause und den Wiedereinstieg glatt verpasst.- Oder etwas warten:

http://www.finanznachrichten.d…n/gold-fields-limited.asp

Gruss

Ich werde meine HMY weiter halten. Sind der letzte SA Wert den ich im Depot habe ist aber sehr stark gewichtet...nicht zuletzt durch den starken Anstieg der vergangenen Wochen. Mein letzter Kauf war so um die 5 Euro...die haben sich schon verdoppelt, mit der Gesamtposition bin ich 45% im Plus...passt...da geht noch einiges meiner Meinung nach...Tamboks 15,--€ sind locker drin evtl. sogar nich in diesem Jahr wenn der Goldpreis über 500US$/Oz. steigen sollte....da würde ich dann mindestens die Hälfte verkaufen...

Gruss

Ian Cockerill ist ein smarter CEO...

Press Release Source: Bolivar Gold Corp.; Gold Fields Limited

Gold Fields To Combine Bolivar Gold With Its International Asset

PortfolioMonday November 21, 8:18 am ET

JOHANNESBURG, TORONTO, Nov. 21 /CNW/ - Gold Fields Limited (Gold Fields) (NYSE and JSE: GFI) and Bolivar Gold Corp. (Bolivar) (TSX: BGC - News) today entered into an agreement by which Gold Fields will combine, through a court approved plan of arrangement, all of the outstanding securities of Bolivar with its international asset portfolio for a total cash consideration of approximately US$330 million (approximately ZAR 2.2 billion).
Bolivar shareholders will receive C$3.00 per common share. This consideration equates to a premium of 40.9% over the volume weighted average trading price of Bolivar over the prior 30 trading days and a premium of 18.6% on the closing price on Friday, November 18, 2005.

Selbst denen kann man heute mit Moped sam tFuchsschwanz nicht mehr imponieren.

[Blockierte Grafik: http://www.poechtrager.de/nonne.jpg]

Deshalb Harmony verkauft. Da muß was stärkeres her.

Harmony Gold Mining "hold"

Die Analysten der Citigroup stufen die Aktie von Harmony Gold Mining (ISIN ZAE000015228/ WKN 851267) unverändert mit "hold" ein und bestätigen das Kursziel von 80 Rand.

Man habe kürzlich die Target-Mine besucht. Im ersten Quartal des Fiskaljahres 2006 hätten diese Aktivitäten rund 6% zur Gesamtproduktion der Gruppe beigetragen und 17% zum operativen Gewinn. Target sei eine der profitabelsten Minen von Harmony. Auf Grund mangelnder operativer Flexibilität liege die Performance jedoch unter den Erwartungen (z.B. verfügbare Erzreserven, niedrige Maschinenverfügbarkeit und Qualitätsprobleme). Den Problemen im Hinblick auf verfügbare Erzreserven sei anscheinend mit schnelleren Entwicklungsplänen begegnet worden.

Auf Grund der erwarteten Volumensteigerung sollten sich die Kosten für Target bei ca. 70.000 Rand pro Kilogramm stabilisieren. Eine neue Schätzung bzgl. Geologie und Ressourcen werde derzeit für das Target Nord Projekt erstellt. Das Management rechne damit, ausreichend Informationen zu haben, um im März 2006 eine Investitionsentscheidung treffen zu können.

Vor diesem Hintergrund bleiben die Analysten der Citigroup bei ihrer Empfehlung die Aktie von Harmony Gold Mining zu halten.
Quelle: AKTIENCHECK.DE

Gold Fields to Proceed With Cerro Corona Project in Peru

Monday December 5, 5:39 am ET

JOHANNESBURG, South Africa, December 5 /PRNewswire-FirstCall/ -- Gold Fields Limited (Gold Fields) (NYSE: GFI ; JSE: GFI) is pleased to announce that the Peruvian Government has approved the environmental impact study for the Cerro Corona project in Northern Peru.

The feasibility study for this project was completed during November and the Gold Fields Board, subject to the receipt of this approval, subsequently approved the associated investment.

The project involves the development of a 91 million ton gold/copper porphyry deposit at a capital cost of US$277 million. The project has reserves(1) of some 2.9 million ounces of gold and 480,000 tons of copper, or approximately 5.4 million ounces of gold equivalent(1).

The project is expected to produce approximately 2.3 million ounces of gold and 412,000 tons of copper over its 15-year life, averaging some 300,000 ounces per year of gold equivalent(1). However, production in the initial years of the project will be closer to 400,000 ounces per year.

Life of mine total cash costs, on a gold equivalent basis, are estimated at some US$250 per ounce(1).

Ian Cockerill, Chief Executive Officer of Gold Fields said: "The approval of the environmental impact study is the first step in what we believe will be a long and mutually beneficial partnership between Gold Fields and the people of Peru."

Gold Fields announced on December 19, 2003, that it, through its subsidiary Gold Fields Corona BVI., had signed a definitive share purchase agreement to acquire 92.0 per cent of the voting shares (80.7% of the economic interest) in Sociedad Minera La Cima S.A., which owns the Cerro Corona Project and other mineral properties in the Cajamarca district of Peru.

Gold Fields will now commence steps to complete the acquisition referred to above for a total consideration of US$40 million, and construction is expected to commence in February 2006.

"Cerro Corona will bring us closer to our strategic goal of acquiring an additional 1.5 million ounces of international production by 2009, thereby improving the balance between production from our South African and International operations. It will consolidate our position in South America and, together with our proposed acquisition of Bolivar and its Choco 10 mine in Venezuela, increase substantially our presence in one of the most prospective gold regions of the world," added Cockerill.

Cerro Corona will be a single surface mine producing approximately 6.2 million tons per annum of ore at a life of mine strip ratio of 0.83, for a total of approximately 91 million tonnes of ore mined over a 15-year life, at an average grade of 1.0 gram per tonne of gold and 0.53% copper.

Ore will be treated in a conventional sulphide flotation concentrator, to produce a 25% copper concentrate containing typically 40 grams per tonne of gold for custom smelting at third party facilities.

Approximately US$150 million of the capital costs will be financed through a project finance facility and the balance of the capital costs as well as the purchase consideration is expected to be funded from internal sources.

"With a purchase price of less than US$11 per reserve ounce of gold-equivalent, the total cost of gold bought (acquisition cost + capital costs + working costs), per ounce of gold recovered, is approximately US$340 per ounce. Cerro Corona represents fundamental value for Gold Fields' shareholders and again confirms our commitment to the principle of not overpaying for assets," said Cockerill

"In Cerro Corona we will have a Gold Fields franchise asset at one of the best gold mining addresses in South America, a significant foothold from which we intend to grow in the region," he added.

The Cerro Corona deposit is located within a well-endowed mineralised trend in the Hualgayoc mining district, about 35 kilometres north of the well known Yanacocha mine and approximately 90 kilometres by road north of the Departmental capital of Cajamarca in the western Cordillera of the Andes Mountains.

Gold Fields is one of the world's largest unhedged gold producers, with annual gold production of approximately 4.2 million ounces from mines in South Africa, Ghana and Australia as well as a development project at Cerro Corona in Peru. The Company has reserves of 64.8 million ounces and mineral resources of 174.5 million ounces. Gold Fields has its primary listing on the Johannesburg Securities Exchange and secondary listings on the NYSE, LSE, Euronext in Paris and Brussels, and on the Swiss Exchange. All of Gold Fields' operations are ISO 14001 certified.

(1) Figures reported at US$375 per ounce of gold and US$0.90 per pound of copper.

Dippenaar verläßt Harmony

geht zu Great Basin Gold.

Dippenaar’s title as Marketing Director, was misleading, he played an central role in the company, and would probably be better described as Swanepoel’s right-hand man.
http://www.mineweb.net/fast_news/661404.htm

Leserkommentar: "The biggest liar in recent South African history ..."

" You've got to feel sorry for the Canadians, South Africa's gain is now their loss."

Danke Ulfur, ich verkaufe sofort die GBN.
Mit dem Zipfel moechte ich nichts mehr zu tun haben.
Wie schon mal gesagt der Typ hat abgesahnt und macht nun eine Fliege.
Wie alle alle von der RSA Mafia.
Bald sitzt er auf der Yacht und lacht.

Der zweite Judas ist noch da bei HMY.
Wie lange ??

Dippenaar’s title as Marketing Director, was misleading, he played an central role in the company,
and would probably be better described as Swanepoel’s right-hand man $$$$.

Gruss

Eldo

Da ist der Zweite:

Posted to the web on: 06 December 2005

Dippenaar, Menell resign from Harmony Gold

I-Net Bridge

Ferdi Dippenaar and Rick Menell, two of Harmony Gold’s most senior directors, have resigned, the company said today.
Harmony said that both men would be pursuing careers as chief executive officers of junior mining companies.
Dippenaar joined Harmony in 1998 and served the company in many roles, most recently as Marketing Director. He leaves Harmony at the end of December 2005 to take up the position of CEO of Great Basin Gold, a junior Toronto listed gold exploration and mining company.
On the announcement of Dippenaar’s resignation Harmony CEO Bernard Swanepoel said: "As sad as it is to lose one of our best, we are proud of Ferdi and know that he will make a great success of his new challenge. We pride ourselves in Harmony on our people and Ferdi is truly export quality.
"He moves on with the best wishes of the board and all of his friends at
Harmony."
During the last few months Dippenaar handed over Investor Relations to Philip Kotze and as such no new appointment needs to be made due to his departure.
Rick Menell steps down from Harmony’s board as a non-executive director in order to spend most of his time on his new role as CEO of TEAL, a junior Toronto listed exploration company.
Menell joined Harmony’s board in 2004 with Harmony’s acquisition of Avgold. He was elected deputy chairman and served in that role until his resignation.
Patrice Motsepe, chairman of Harmony, said: "On behalf of the board, I wish to thank Rick for his loyal support as my deputy and we all wish him well for the future."