HARMONY GOLD MAY CONSIDER OUR ASSET!

Our immediate Neighbour HARMONY GOLD are in search of Neighbouring Gold asset according to Peter steenkemp , Harmony CEO.  West wits assets with Gold resources 4Millions ounces plus are located few KM from harmony with usD $256 MILLIONS ARE SET ASIDE FOR ACQUISITION ACCORDING TO THIS WEEK REPORT.

Harmony Gold CEO says gold sector consolidation 'inevitable'

• Exploration lagging behind as reserves deplete
• Harmony transforming into gold-copper miner
• S.African miner's HY profit up 18%
• Shares slide after Harmony skips interim dividend

March 1 (Reuters) - Gold mining sector mergers and acquisitions are inevitable due to the need to replace depleting mineral reserves, Harmony Gold Chief Executive Peter Steenkamp said on Wednesday.
U.S-based Newmont Corp (NEM.N), the world's top gold producer, last month tabled a $16.9 billion bid for Australia's Newcrest Mining (NCM.AX), igniting speculation of a new wave of M&A activity in the gold industry.
Although other gold majors Barrick (ABX.TO), Gold Fields (GFIJ.J) and Sibanye Stillwater (SSWJ.J) have sought to cool down talk of imminent big M&A activity, Harmony's Steenkamp said there was more to come.



"I think it’s going to be inevitable that there will be some sort of consolidation because exploration has been lacking for such a long time and for people to replace assets they will have to look at what their neighbours have and what the opportunities will be," Steenkamp told Reuters in an interview.
Harmony is transforming into a gold-copper producer, having acquired Australia's Eva copper project for $170 million in December 2022, to add to its Wafi-Golpu gold-copper project in Papua New Guinea, a joint venture with Newcrest.
The company is also exploring opportunities to acquire more assets in Africa, Australia and Papua New Guinea, Steenkamp added.