Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Gold & silver

Harmony Gold Mining's Kalgold mine broken into; shares fall

Thieves broke into the heavily guarded gold storage units at the mine in northwest South Africa

Harmony Gold Mining Co.’s (NYSE:HMY) Kalgold mine was reportedly the scene of a robbery this week as thieves took as much as 12 kilograms (386 ounces) of gold.

On Tuesday, the thieves broke into the gold storage units at the mine, which is located in northwest South Africa, according to published reports.

Brazen attack

“The gold was stored at the mine under heavy security," spokeswoman Lauren Forie told Bloomberg News. “It was a brazen attack, luckily nobody was hurt.”

The stolen gold is valued at roughly US$518,000 at recent pricing levels.

Shares in Harmony Gold shed 6.9% in morning trade to US$2.15.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK