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Harmony to post third consecutive quarter of production growth

Harmony Gold has achieved a third consecutive quarter of production growth, with output in the December quarter 2% higher than in the September quarter. The miner, which would publish its interim results on February 4, said underground grade was up nearly 7% in the three months to December 31.   “The production teams kept their momentum, with the majority of the operations delivering both higher kilograms and higher grades. Combined with the current higher rand per kilogram gold prices, the past quarter has been very rewarding for Harmony,” newly appointed CEO Peter Steenkamp commented in a statement on Monday.