HARMONY GOLD MINING CO LTD — Capital/Financing Update 2008

Feb 27, 2008

6-K 1 l54954e6vk.htm FORM 6-K e6vk PAGEBREAK

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

February 25, 2008

Harmony Gold Mining Company Limited

Suite No. 1 Private Bag X1 Melrose Arch, 2076 South Africa (Address of principal executive offices)

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F)

Form 20-F þ Form 40-F

(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)

Yes No þ

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PAMODZI GOLD TRANSACTION ON ORKNEY ASSETS BECOMES UNCONDITIONAL

Johannesburg. Monday, 25 February 2008 . Harmony Gold Mining Company Limited (Harmony) is pleased to announce that all conditions precedent in respect of the transaction entered into with Pamodzi Gold Limited (Pamodzi Gold) regarding the sale of the Orkney assets have been met. Pamodzi Gold will take full control of the Orkney assets as from 27 February 2008.

Harmony and Pamodzi Gold entered into the transaction in September 2007. The original consideration price would have been settled by a combination of cash, the issue of Pamodzi Gold shares and a secondary consideration, being a net smelter royalty. The increase in capital required for re-capitalization of the assets and the recent operational results have resulted in the consideration price being re-negotiated.

The purchase consideration has been reduced from R550 million to R300 million and will be settled by Pamodzi Gold issuing 30 million shares to Harmony. No cash payment or secondary consideration will be required. As a result, Harmony will hold approximately 32% of Pamodzi Gold’s issued share capital.

“We believe that Pamodzi Gold will be able to extract value from the Orkney assets. By increasing our holding, we will be able to share in the upside of the assets over a longer term, which is line with our existing strategy”, says Graham Briggs, chief executive officer of Harmony.

ends.

Issued by Harmony Gold Mining Company Limited

25 February 2008

For more details contact:

Graham Briggs Chief Executive

on +27(0)11 411 2023 or +27 083 265 0274

or

Amelia Soares General Manager, Investor Relations

on +27 11 411 2314 or +27 (0)82 654 9241

or

Marian van der Walt Company Secretary on +27 11 411 2037 or +27 082 888 1242

Corporate Office : Randfontein Office Park P O Box 2 Randfontein South Africa 1760 T +27 (11) 411 2000

For the comprehensive set of results please visit www.harmony.co.za

JSE:	HAR
NYSE:	HMY
NASDAQ:	HMY
ISIN No.:	ZAE000015228

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link1 "SIGNATURES"

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Dated: February 25, 2008 Harmony Gold Mining Company Limited

By: /s/ Graham Briggs Name: Graham Briggs Title: Chief Executive Officer

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