South Africa's Top Gold Miner Raises Cash for Acquisition

June 27, 2020 / dlvr.it / Article Link

(Bloomberg) -- Harmony Gold Mining Co. raised $200 million through a share sale after investors backed its plan to purchase AngloGold Ashanti Ltd.'s last South African operations. Harmony decided to sell shares after its mines were shuttered during a coronavirus lockdown, impacting its original plan to finance the $300 million deal with cash and deferred payments. AngloGold's Mponeng mine and Mine Waste Solutions will help Harmony replenish its...Read full news

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