PRF pays US$209m for Rand Uranium
Pamodzi Resources Fund 1 LLP (“PRF”) has defied adverse private equity conditions to pay US$172 million to Harmony Gold (“Harmony’) to finalise a US$209-milion acquisition of 60 percent in Rand Uranium (Proprietary) Limited ("Rand Uranium").|
Randfontein Transaction Effective
Harmony Gold Mining Company Limited ("Harmony") is pleased to announce that all conditions precedent in respect of the Randfontein transaction have been met and that the transaction is effective as from today. Shareholders’ attention is drawn to the initial announcement of the transaction made on 19 December 2007 and the subsequent announcement made on 24 October 2008, containing the details of the transaction. |
Ndaba Ntsele Appointed Chairman of PRF's New Uranium Company
Johannesburg, February 18, 2008 – Shareholders of the US$420-million uranium company, which comprises Harmony Gold Mining Company Limited’s (“Harmony”) uranium and gold assets on the West Rand, have unanimously appointed Ndaba Ntsele as chairman of its Board of Directors. |
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