INVESTMENT BANKING | EQUITY CAPITAL FUND | 19 JANUARY 2021

Harmony Gold Mining –
ZAR 3.5 billion Accelerated
Bookbuild

SHARE
Facebook
Twitter

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

EVENT

Expanding skywards requires growth experts

Future-proof organisation need sustainable solutions. This is why we’re proud to sponsor this year’s The East Africa Property Investment (EAPI) Summit. This year’s event marks the first in-person conference of industry leaders in two and a half years. It’ll feature keynote addresses, interactive panel discussions, case studies and formal and informal networking opportunities.

EVENT

Making greater strides together

Taking on some of the most rugged terrain in the world’s toughest mountain bike race takes passion and dedication. As one of the toughest bike races on the international calendar, the Absa Cape Epic sees amateur and professional cyclists traversing over 100km of the rural Western Cape.

AWARDS

Southern Africa Regional Exporters Awards 2021

We are the proud recipients of the Capital Provider of the Year award. This award recognises an organisation's excellence in providing a full range of services, as well as effective and innovative financial success tools ranging from facility accessibility, affordability, sustainability, and risk mitigation.