Harmony shareholders to vote on Moab Khotsong deal on Feb 1

Harmony Gold has removed two resolutions from its meeting agenda to seek shareholder approval for the acquisition of Moab Khotsong, after reducing the potential equity capital raising from $200-million to $100-million on the back of sufficient cash resources and a strong production performance. Harmony had planned the capital raising to secure equity capital sufficient for finalising the $300-million acquisition of Moab Khotsong from AngloGold Ashanti.