Company Directory - Harmony Gold Mining Company Limited
Company Details - Harmony Gold Mining Company Limited

Harmony Gold Mining Company Limited
WebsiteRandfontein, South Africa
ISIN: ZAE000015228
10 Locations
Harmony Gold Mining Company Limited is a leading gold mining and exploration company based in South Africa. It operates numerous mines and focuses on sustainable gold production while minimizing environmental impact and engaging with local communities.
CCI Score
CCI Score: Harmony Gold Mining Company Limited
28.99
Latest Event
Five-Year Collective Bargaining Agreement Secured
Harmony Gold signed a five-year collective bargaining agreement with South African trade unions, securing wage increases above inflation, improved housing allowances, and additional benefits for workers. The agreement, effective from 1 July 2024, marks a significant achievement in protecting labor rights and promoting industrial peace.
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Harmony Gold Mining Company Limited is currently rated as a Dissenter.
Latest Events
- JUL012024
Harmony Gold signed a five-year collective bargaining agreement with South African trade unions, securing wage increases above inflation, improved housing allowances, and additional benefits for workers. The agreement, effective from 1 July 2024, marks a significant achievement in protecting labor rights and promoting industrial peace.
+80
Labor Relations and Human Rights Practices
April 18
The collective bargaining agreement ensures substantive improvements in worker conditions, including wages that outpace inflation and enhanced housing allowances. These measures strengthen labor rights and union influence, aligning with progressive values and serving as a counterbalance to authoritarian corporate practices.
South African unions sign five-year collective agreement with Harmony Gold
- JUL012024
Harmony Gold Mining Company Limited has signed a historic five-year wage deal with all its labor unions, ensuring an annual 6% wage increase along with enhanced benefits for employees. This milestone agreement, negotiated over three months with multiple unions, represents the company's strong commitment to fair labor practices and worker rights.
+80
Labor Relations and Human Rights Practices
April 18
The wage deal is a landmark positive development as it secures a 6% annual wage increase for workers, ensuring fair compensation and improved living standards. This agreement, reached collectively with all unions, demonstrates Harmony Gold's strong commitment to upholding labor rights and equitable treatment of its workforce, aligning with anti-authoritarian and worker-empowering values.
- MAY282024
Harmony Gold Mining Company Limited contributed R2,520,000 to the Democratic Alliance, as revealed in the latest political donation declarations in South Africa.
+20
Political Contributions and Lobbying Efforts
April 18
Harmony Gold's donation of R2,520,000 to the Democratic Alliance demonstrates corporate engagement in the political process. While corporate political donations often raise concerns regarding undue influence, directing funds to a party that supports democratic and anti-authoritarian values is viewed moderately positively from an anti-fascist perspective.
- MAY172024
Harmony Gold Mining Company donated R6,900,000 to a political party as part of the 2023/2024 financial year disclosures, raising concerns about corporate influence in political processes and potential implications for transparency and worker rights.
-40
Political Contributions and Lobbying Efforts
April 18
The R6,900,000 donation by Harmony Gold to a political party shows significant corporate financial engagement in politics. Such a contribution can be seen as an attempt to influence public policy and undermine democratic accountability, raising anti-fascist concerns over corporate consolidation of power and its potential impact on worker rights.
Political parties rake in over R172 million in donations: Let’s see who funds them
- OCT012023
During a committee briefing, Harmony Gold detailed its multi-faceted interventions—including Operation Knockout, enhanced security measures like cameras and shaft closures, updated employee protocols, and calls for strengthened immigration and prosecution laws—to combat illegal mining, human trafficking, and associated human rights abuses, thereby protecting workers and local communities.
+20
Public and Political Behavior
April 18
Harmony Gold engaged directly with a parliamentary committee to explain and justify its interventions against illegal mining. Its call for reinforced immigration laws and stricter prosecution measures reflects an effort to counter organized criminal behavior and associated human trafficking, which aligns with anti-authoritarian principles.
Impact and interventions relating to illegal mining: Harmony Gold briefing
+25
Business Practices and Ethical Responsibility
April 18
The company’s proactive measures, such as instituting Operation Knockout, implementing security clearances, establishing a whistleblower hotline, and investing in local training and employment initiatives, demonstrate a commitment to ethical business practices and improving labor conditions, which supports anti-fascist and community-centered values.
Impact and interventions relating to illegal mining: Harmony Gold briefing
+15
Technology and Services Impact
April 18
Harmony Gold’s deployment of technological solutions such as security cameras and controlled access mechanisms to monitor mining shafts has aided in curbing illegal mining operations. While these measures serve security purposes, they also contribute to reducing human trafficking and unauthorized activities, supporting anti-authoritarian objectives.
Impact and interventions relating to illegal mining: Harmony Gold briefing
+10
Economic and Structural Influence
April 18
By actively addressing the significant economic losses resulting from illegal mining and advocating for legislative reforms to impose harsher penalties, Harmony Gold aims to mitigate economic distortions and protect both state revenues and community well‑being, reflecting a commitment to broader structural justice.
Impact and interventions relating to illegal mining: Harmony Gold briefing
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Corporate Financials
- Revenue
- 2024
- $1.21B
- Total Assets
- 2024
- $2.32B
- Operating Income
- 2024
- $311.50M
- Total Equity
- 2024
- $1.25B
Employees: 3,890
Industries
- 212234
- Copper, Nickel, Lead, and Zinc Mining
- 212299
- All Other Metal Ore Mining
- 212221
- Gold Ore Mining