Harmony to riase $200m as rand gold price nears all-time high

Gold mining company Harmony Gold intends raising $200-million equity capital to fund the first tranche payment of its acquisition of the remaining South African assets of AngloGold Ashanti. Harmony FD Boipelo Lekubo said in response to Mining Weekly during a conference call on Wednesday that the company would be holding an electronically conducted extraordinary general meeting (EGM) of shareholders on June 11 for this purpose and that its result would be released the next day, June 12.