Harmony says copper push is diversification, not a change in identity

By Mariaan Webb – Creamer Media’s Mining Weekly

South Africa-headquartered Harmony Gold Mining Company says its expansion into copper is not a departure from its 75-year history as a gold producer, but a deliberate strategy to diversify its commodity exposure as long-term demand for copper accelerates.

Speaking in the fifth and final episode of Creamer Media’s IN FOCUS copper series, CEO Beyers Nel said the company’s investments in Australia and Papua New Guinea reflect a conviction that gold and copper complement one another through commodity cycles.