Wafi funding by Harmony on hold

HARMONY Gold would protect cash generated from its South African assets while it evaluated five or six options to finance its Wafi-Golpu gold project joint venture with Newcrest in Morobe Province said Peter Steenkamp, CEO of Harmony Gold.

Wafi funding by Harmony on hold Wafi funding by Harmony on hold Wafi funding by Harmony on hold Wafi funding by Harmony on hold Wafi funding by Harmony on hold

Peter Steenkamp

"We won't be putting all of our cash into Wafi-Golpu," he said. "A copper offtake might be part of the solution," Steenkamp said when asked how Harmony, capitalised at R35 billion (about K8.