Harmony Gold Mining –
ZAR 3.5 billion Accelerated


Harmony Gold Mining – ZAR 3.5 billion Accelerated Bookbuild


Harmony Gold Mining is a JSE listed gold mining and exploration company with operations in South Africa and Papua New Guinea and it is the largest gold producer in South Africa by volume.

In June 2020, Harmony successfully raised ZAR3.5 billion to support the acquisition of Mponeng and Mining Waste Solutions from JSE listed counterpart AngloGold Ashanti. The acquisition and capital raise formed part of Harmony’s strategy to grow its operations building on its vast experience of acquiring, operating, and optimising value from mining operations.

Absa acted as joint Bookrunner for the R3.5billion capital raise via accelerated bookbuild.

Contact: Samira Hassanally, Head of Equity Capital Markets to find out more.

Related Articles


16th CII-EXIM Bank Conclave on India-Africa Project Partnership

Proud Sponsors and Participants of the 16th CII-EXIM Bank Conclave.
The CII Exim Bank Conclave on India Africa Project Partnership is an insightful annual event that brings together renowned senior ministers, policymakers and business leaders across different sectors from Africa and India. This event has successfully created access between Indian and African businesses and governments and continues to promote thriving opportunities between these two regions. This year Absa will be sponsoring three virtual events.


African Continental Free Trade Area

The AfCFTA will unite all 55 member states of the African Union, bringing together the world’s largest working-age population to create an amazing platform that will empower global businesses, and help them find fruitful financial opportunities.


The Case for Investing in South Africa

South Africa has a positive investment story to tell, and foreign investors are ready to listen. That’s the resounding message from the SA Tomorrow Virtual Conference, held in mid-June 2021.


Freedom Day

To celebrate Freedom Month, we are offering an up to 50% discount on selective membership types, so you can start enjoying the benefits afforded to members of the SACHAM-sg. Be empowered and create new opportunities with valuable knowledge. Join now!