Harmony Gold Mining Reaches ZAR30 Million Settlement With South Africa Regulator
October 05 2018 - 11:51AM
Dow Jones News
By Dimitrios Kontos
Harmony Gold Mining Co. Ltd. (HAR.JO) said Friday that it will
pay an administrative penalty of 30 million South African rands
($2.0 million) to settle a dispute with the Financial Sector
Conduct Authority of South Africa.
The gold miner said the dispute is related to its financial
results for the quarter ended March 31, 2007.
The company said the March 2007 inaccuracy "was a bona fide
error following the implementation of a new financial software
system" and it was the only weakness identified in its financial
reporting in 68 years.
Write to Dimitrios Kontos at dimitrios.kontos@dowjones.com
(END) Dow Jones Newswires
October 05, 2018 11:36 ET (15:36 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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