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Harmony Gold Snapshot
Harmony Gold Mining Company specializes in turning old digs into new digs. The company generally buys under-performing gold operations and turns them into low-cost, high-productivity mines. Harmony is South Africa's third-largest gold miner, and it is among the world's biggest, as well. South Africa accounts for the vast majority of Harmony's sales (more than 90%). The company produces somewhere around 2 million ounces of gold annually and has 50 million ounces in proved and probable reserves. Outside South Africa, it owns exploration and development projects in Papua New Guinea.
